Third quarter 2019 Trading Update
Continued revenue growth and margin improvement
Peter Oosterveer
CEO
Sarah Kuijlaars
CFO Amsterdam, 24 October 2019
Continued revenue growth and margin improvement Peter Oosterveer - - PowerPoint PPT Presentation
Third quarter 2019 Trading Update Continued revenue growth and margin improvement Peter Oosterveer CEO Sarah Kuijlaars CFO Amsterdam, 24 October 2019 THIRD QUARTER 2019 TRADING UPDATE Disclaimer Statements included in this presentation
Third quarter 2019 Trading Update
Peter Oosterveer
CEO
Sarah Kuijlaars
CFO Amsterdam, 24 October 2019
THIRD QUARTER 2019 TRADING UPDATE
Statements included in this presentation that are not historical facts (including any statements concerning investment
management for future operations or economic performance, or assumptions or forecasts related there to) are forward- looking statements. These statements are
Actual events or the results of our
those expressed or implied in the forward looking statements. Forward-looking statements are typically identified by the use of terms such as “may,” “will”, “should”, “expect”, “could”, “intend”, “plan”, “anticipate”, “estimate”, “believe”, “continue”, “predict”, “potential” or the negative of such terms and other comparable terminology. The forward-looking statements are based upon our current expectations, plans, estimates, assumptions and beliefs that involve numerous risks and uncertainties. Assumptions relating to the foregoing involve judgments with respect to, among
and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many
we believe that the expectations reflected in such forward-looking statements are based on reasonable assumptions, our actual results and performance could differ materially from those set forth in the forward-looking statements.
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UNITED KINGDOM
Peter Oosterveer
CEO
THIRD QUARTER 2019 TRADING UPDATE
24 October 2019 4
THIRD QUARTER 2019 TRADING UPDATE
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GERMANY
Sarah Kuijlaars
CFO
THIRD QUARTER 2019 TRADING UPDATE
Q3'19 Q3'18
Americas €215M €191M 9% North America
7%
Environment and Water continue to drive strong results Latin America
20%
Growth in environmental consultancy and better business environment EME €280M €281M 0%
3%
Excellent performance in the Netherlands and Germany. France underperforms UK
3%
Solid results, but lingering Brexit impacts timing of infrastructure and buildings projects Middle East
Middle East remains area for improvement APAC €91M €85M 6% Australia
13%
Driven by the ramp-up of larger infrastructure projects Asia
0%
Focus on core activities drives margin improvement. Divestment Indonesia completed CallisonRTKL €56M €56M
CallisonRTKL continues to reshape for growth under new leadership Total €642M €613M 3%
Net Revenue
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THIRD QUARTER 2019 TRADING UPDATE
Operating EBITA (margin)
€ millions, %
45 45 44 47 49 53 7.2% 7.4% 7.2% 7.5% 7.6% 8.3%
06% 30,00 35,00 40,00 45,00 50,00 55,00 60,00
Q2'18 Q3'18 Q4'18 Q1'19 Q2'19 Q3'19
Net Revenues and organic growth
€ millions, %
621 613 607 628 647 642 4% 4% 2% 2% 2% 3%
500 520 540 560 580 600 620 640 660 680 700
Q2'18 Q3'18 Q4'18 Q1'19 Q2'19 Q3'19
Days Sales Outstanding and Net Working Capital %
Days
91 89 80 86 82 95 18.8% 18.1% 15.1% 17.4% 16.2% 19.1%
00% 02% 04% 06% 08% 10% 12% 14% 16% 18% 20% 50 60 70 80 90 100
Q2'18 Q3'18 Q4'18 Q1'19 Q2'19 Q3'19 468 468 342 409 378 386
100 150 200 250 300 350 400 450
Q2'18 Q3'18 Q4'18 Q1'19 Q2'19 Q3'19
Net Debt
€ millions 24 October 2019 8
ROTTERDAM| MAASTUNNEL(1942)
Peter Oosterveer
CEO
THIRD QUARTER 2019 TRADING UPDATE
Significant contract win with Transport for London (TfL)
system; this will create efficiencies and improve reliability, safety and affordability of services for passengers across London Arcadis’ new business entity
What will the new business entity bring?
clients to their built and natural assets, helping them make better decisions and create value
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THIRD QUARTER 2019 TRADING UPDATE
University of Sydney, 24 Sept 2019 CNN, 30 Sept 2019
biggest emerging contaminants endangering humans and the environment
expertise and facilitated resolution of PFAS for more than 15 years, with over 75 projects in 12 countries
A TES& GERMANY
Australia… US… The Netherlands… Dutch Financial Daily, 26 Sept 2019
Dredging sector comes to a standstill as result of stricter PFAS standards
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THIRD QUARTER 2019 TRADING UPDATE
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THIRD QUARTER 2019 TRADING UPDATE
implementation of the new Oracle Cloud solution in North America
situation in North America in the fourth quarter
mainly due to legacy project in the Middle East
1) Excluding receivables from associates 2) Calculated using annualized Q3’19 Gross Revenues
Ageing of Gross Receivables and Net Working Capital (%)
250 323 244 101 89 85 83 98 127 103 113 Sep-18 523 563 68 Jun-19 597 Sep-19 31-120 >120 0-30 Not past due
in € millions
Sep-18 Jun-19 Sep-19 Gross receivables 564 597 524 Provision receivables
Provision % 10% 9% 11% Trade receivables1) 509 541 465 Net Work in Progress 281 256 406 Accounts Payables
Net Working Capital 585 569 639 Net Working Capital % 2) 18.1% 16.2% 19.1%
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