Press Conference of 2008 11 27 - announcing HY results 2008/09

April 12, 2023 | SLIDE 1

www.realdolmen.com

Press Conference 27th November 2008Announcing the RealDolmen Half Year Results for the Six

Months Ended 30 September 2008


AGENDA

RealDolmen - overview

Key Figures Half Year 2008

Operational Review & Outlook

Q & A


REALDOLMEN

Bruno Segers

CEO RealDolmen


Headcount Belgium 1440 France 380 Luxemburg

80

Total1900

Headcount Belgium 1440 France 380 Luxemburg

80

Total1900


OVERVIEW

Strong first half year Turnover up 16,1% - growth achieved ahead of market sector REBIT +42% , with margins up to 5,6% Growing operating Cash Flow +62%

Integration on track Aligned organisation able to deliver cross-selling successes Internal ICT convergence plan final and ready for

implementation Motivated workforce - attrition in-line with market average

Well positioned for the future Healthy revenue mix with over 33% in public and limited

presence in financial sector (<7%) Sound cash position and no short term debt exposure Market leadership and strong offering


KEY FIGURES HALF YEAR 2008

Jos Nyns

CFO RealDolmen


ProfessionalServices

Infrastructure Products

Business Solutions

H12007/08

H12008/09

€69,0 mio€62,5

mio

H12007/08

H12008/09

€20,0 mio

€13,6 mio

H12007/08

H12008/09

€41,9mio€36,5

mio

Total Group

H12008/09

€130,7 mio

€112,6 mio

H12007/08

TURNOVER


MARGINS

H12007/08

H12008/09

-1,6%-1,4%

Corporate

H12007/08

H12008/09

8,6%

7,3%

Professional Services

H12007/08

H12008/09

11,6%

6,9%

Business Solutions

H12007/08

H12008/09

2,9%3,3%

Infrastructure Products

H12008/09

5,6%

4,6%

H12007/08

Total Group


CASH/DEBT POSITION

Cash (2)

Convertible debt (July 2012)

Other debt

March ‘08

€36,6 mio

€73,7 mio

€16,7 mio

€57,0 mio

(1) Shows impact of buy-back convertible on September close numbers(2) Cash = Cash + Assets held for trading

September ‘08

€34,6 mio

€74,6 mio

€14,8 mio

€59,9 mio

Pro Forma (1)

€24,6 mio

€58,5 mio

€14,8 mio

€43,8 mio


OPERATIONAL REVIEW & OUTLOOK

Bruno Segers

CEO RealDolmen


HIGHLIGHTS

Turnover up 16.1% in first half after strong Q1. Higher margin Professional Services and Business Solutions show continued growth in Q2

Operational result before nonrecurring items (REBIT) up 42%, with REBIT margins up to 5.6%, despite integration costs

Operating cash flow up 62% to €9.4m Integration of acquisition continues in line with

expectations, with first cross-selling opportunities coming through

€20m buy back of convertible bond in October 2008 for €10m in cash will improve the net debt position


MERGER UPDATE

Integration succesfully proceeding to plan

First cross-selling opportunities coming through

Synergy benefits anticipated next FY, in-line with expectations

In-line with plan, investing more in H2 on single administrative platform & fully integrated operations by year-end


SUMMARY & OUTLOOK

Pleased with progress achieved in H1

Expectations are aligned with economic outlook Anticipate generating small level of growth & maintaining REBIT

margins

We are well positioned for the future Strong market position Continued demand in the market & recruiting accordingly Good spread of customers Solid cash position


HOME for our employeesSHOWCASE for partnersSIMPLE for our customersGREEN for the environmentCAMPUS for allROCK-SOLID PASSION for ICT


Q & A


THANK YOU

FOR ICTPASSIONROCK-SOLID

Press Conference of 2008 11 27 - announcing HY results 2008/09

Economy & Finance

Transcript of Press Conference of 2008 11 27 - announcing HY results 2008/09