Q1 2019 REVENUE Nicolas VALTILLE Dov LEVY 6 th May 2019
1 HIGHLIGHTS Q1 2019 May 6, 2019 | Q1 2019 Revenue 2
Q1 2019: GOOD START TO THE YEAR ▪ REVENUE GROWTH OF 26.1% ✓ 8.3% like-for-like * ▪ PROMISING INTEGRATION OF PDS TECH WITHIN AKKA NORTH AMERICA ✓ AKKA NA delivered organic growth of 34% ✓ Double digit growth with Boeing, Honeywell, UTC & Daimler ▪ STRONG DEMAND IN DIGITAL & MOBILITY RELATED ACTIVITES ✓ € 62 Million worth of contracts being negotiated encompassing ADAS, Connectivity and HV Batteries * Growth at constant scope, exchange rates and number of working days May 6, 2019 | Q1 2019 Revenue 3
STRONG PERFORMANCE IN Q1 2019 € 169.1M € 446.3M +9.3%* +8.3%* Q1 2019 GROUP REVENUE Q1 2019 FRANCE REVENUE € 126.2M 20,904 +6.4%* +30.2% HEADCOUNT END Q1 2019 Q1 2019 GERMANY REVENUE € 75.6M 88.7% -90 bps +34.0%* Q1 2019 NORTH AMERICA REVENUE** UTILISATION RATE ytd € 75.4M 20.8% +70 bps +8.0%* Q1 2019 INTERNATIONAL REVENUE*** TURNOVER RATE**** ytd * Growth at constant scope, exchange rates and number of working days ** PDS Tech is consolidated as of 1 st November 2018 *** Excluding Germany and North America **** Excluding AKKA North America May 6, 2019 | Q1 2019 Revenue 4
REVENUE BY QUARTER ( € M) +26.1% 443.7 446.3 357.6 353.9 358.0 349.8 328.3 338.2 310.3 299.5 285.6 281.8 272.9 268.3 254.4 226.1 235.6 Q1 15 Q2 15 Q3 15 Q4 15 Q1 16 Q2 16 Q3 16 Q4 16 Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19 May 6, 2019 | Q1 2019 Revenue 5
FY2019 REVENUE BY BU 17% Q1 2019 Q1 2018 Like-for- € M CHANGE % ORGANIC*** 28% REVENUE REVENUE Like**** FRANCE 169.1 160.4 5.4% 5.4% 9.3% Q1 2019 GERMANY 126.2 118.6 6.4% 6.4% 6.4% 17% NORTH AMERICA* 75.6 4.9 1,433.1% 35.9% 34.0% INTERNATIONAL** 75.4 70.0 7.7% 7.3% 8.0% 38% TOTAL GROUP 446.3 353.9 26.1% 6.6% 8.3% France IN % OF REVENUE Germany North America * PDS Tech is consolidated as of 1 st November 2018 ** Excluding Germany and North America International *** Growth at constant scope and exchange rates **** Growth at constant scope, exchange rates and number of working days May 6, 2019 | Q1 2019 Revenue 6
ENHANCED DIVERSIFICATION ORGANIC GROWTH Others (Q1 2019)* Automotive Life Sciences Energy ++ Mobility ++ Railways Q1 2019 € 446.3M* Suppliers Mobility AUTO AERO RAILWAYS +9% +9% >10% 80% Aeronautics * Growth at constant scope and exchange rates May 6, 2019 | Q1 2019 Revenue 7
HEADCOUNT (END OF PERIOD) +30.2% 21,019 20,904 14,578 14,913 15,180 15,515 16,051 16,619 17,144 12,133 12,222 12,398 12,394 13,055 13,252 10,634 10,822 Q1 15 Q2 15 Q3 15 Q4 15 Q1 16 Q2 16 Q3 16 Q4 16 Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19 May 6, 2019 | Q1 2019 Revenue 8
TURNOVER RATE (YTD) 18.5% 19.3% 19.2% 20.1% 20.8% 16.3% 15.7% 16.2% 16.5% 17.6% 17.9% 17.6% 17.1% 17.7% 18.0% 17.6% 17.2% Q1 15 Q2 15 Q3 15 Q4 15 Q1 16 Q2 16 Q3 16 Q4 16 Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19* * Excluding AKKA North America May 6, 2019 | Q1 2019 Revenue 9
UTILISATION RATE (YTD) 86.5% 87.6% 88.1% 88.2% 87.8% 88.9% 89.5% 89.6% 88.9% 89.6% 89.6% 89.7% 88.9% 89.7% 89.9% 89.6% 88.7% Q1 15 Q2 15 Q3 15 Q4 15 Q1 16 Q2 16 Q3 16 Q4 16 Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19 May 6, 2019 | Q1 2019 Revenue 10
2 OUTLOOK 2019 May 6, 2019 | Q1 2019 Revenue 11
2019 OBJECTIVES FREE CASH OPERATING ORGANIC FLOW MARGIN GROWTH GENERATION ≥ 6%* ≥ 8%** ≥ 5% * % of revenue & at constant scope ** Profit from business operations calculated before non-recurring items and cost of stock options and free shares May 6, 2019 | Q1 2019 Revenue 12
CLEAR 2022, RESULTS ORIENTED € 150 M LOWER € 2.5 B LEAN MANAGEMENT PRODUCTION COSTS STRENGHTEN REVENUE FCF CULTURE OF CAPEX UNDER DECREASE OF SG&A CONTROL PROFITS AND € 250 M > 2x CASH DECREASE OF REDUCE OPERATING EPS INDIRECT COSTS OVERHEADS PROFIT May 6, 2019 | Q1 2019 Revenue 13
THANK YOU. NEXT PUBLICATION – H1 2019 REVENUE ON JULY 25, 2019
DISCLAIMER • This presentation does not contain or constitute an offer of securities for sale or an invitation or inducement to invest in securities in France, the United States or any other jurisdiction. • This presentation may contain information expressed as forward-looking statements. Forward-looking statements are statements that are not historical facts. Forward-looking statements may include anticipations, projections and their underlying assumptions as well as statements (regarding plans, objectives, expectations and intentions, future financial results, potential events, operations, services, products). Such information concerns either trends or targets and cannot be regarded as results forecasts or as any other performance indicator. • This information is by nature subject to risk and uncertainty, that may cause the actual results to differ from those mentioned in the forward-looking statements. Even though AKKA Group’s management believes that the expectations reflected as of the date of this presentation in such forward-looking statements are reasonable, this information does not reflect the Group's future performance and is not intended to give any assurances or comfort as to future results. Therefore no-one should unduly rely on these forward-looking statements. The AKKA Group makes no commitment to update this information. • More comprehensive information on the AKKA Technologies Group may be obtained on our website (www.akka- technologies.com). May 6, 2019 | Q1 2019 Revenue
Recommend
More recommend
