Q3 Report Q3 report

Transcription

1 Q3 Report

2 Highlights Q3 Quiet but stable business period Improved profit Strong development in International and Finland Mixed market signals High potential in new contracts in public sector and good development in industry segment Project office in Kista for agile development close to a client Cybercom was named the best IT workplace 2013 in Poland

3 Q SEK million Q Q Sales Employees 1,243 1,365 EBIT EBIT % 3.4% -1.1% Profit after tax Cash flow EPS, SEK Equity/assets ratio % 69.8% 56.6% OH cost -7 MSEK 18% lower administrative staff Good development International and Finland Sales reduction in the Swedish operations is still negatively affecting profitability Sales decrease by 9% Currency effects on sales + SEK 1.5 million Calendar effect of +1 day 122 fewer employees

4 Rolling Twelve Months

5 Segment Sweden From 1/ excluding India 2012 restated numbers SEK million Q Q Sales Employees EBIT EBIT % 1.6% 1.9% Sweden 72% (75) Slow market after summer in all regions Mixed market signals Tighter competition, especially in Stockholm Growing pipe, good inflow Established and growing position in public sector Fading business with ST-Ericsson Finland 18% (15) International 10% (10)

6 Segment Finland SEK million Q Q Sales Employees EBIT EBIT % 2.2% -5.1% Continued recovery top line and profit Increasing sales per employee Successful development in Public and Industry Mixed market, tough competition Sweden 72% (75) Finland 18%(15) International 10% (10)

7 Segment International From 1/ including India 2012 restated numbers SEK million Q Q Sales Employees EBIT EBIT % 9.0% -0.9% Good turnaround in profit Good contribution from the Connectivity management assignments in Africa Satisfied development in Denmark New clients in local market Poland, establishing Connectivity management Sweden 72% (75) Finland 18% (15) International10% (10)

8 Stable Cash Flow Cybercom Group, SEK million Q Q Jan - Sep 2013 Jan - Sep RTM Cash flow before changes in w orking capital Changes in w orking capital Cash flow from operating activities Investments in tangible and intangible fixed assets Acquisition in subsidiaries/net assets Divestment of subsidiaries Other items Cash flow from investing activities New share issue Change in factoring and overdraft facilities Change in other financial liabilities Cash flow from financing activities Period's cash flow Cash and cash equivalents at period's start Exchange differences in cash and cash equivalents Cash and cash equivalents at period's end Activities to improve tied-up capital having positive effect on working capital Factoring in Sweden ended Loan amortisation started according to plan

9 The Market ICT market growth as a whole is forecasted 2,2%, where services is forecasted to grow 3,0% (Gartner) Connectivity, mobility and the cloud main trends driving ICT market Public e-services increases i.e. ehealth, emed, eeducation Connected industry are taking form M2M,smart home, smart plants, monitoring, analyse, decrease waste Mixed market signals in the Nordics short term demand Good inflow, but long decision times A highly competitive landscape Gigants has entered the market Brokers are here to stay Niche companies are growing Pricing is more volatile

10 Sales highlights The ten largest clients 45% (48) of sales The largest single client 14% (11) of sales Framework agreement clients 64% (59) New agreements with the Swedish Tax Agency and Saab Turnkey assignments 38% (39) Major clients Alma Media, Ericsson, Millicom, MTV Media, Outotec, SAAB, Sony Mobile, TeliaSonera, the Swedish Transport Administration and Volvo

11 Cybercom s business domains Designing and adding needed intelligence to clients products/devices 45% of sales Strong future market Wireless Maingate, Ericsson, Helsingin Energia Saab, QlikTech, Verisure, Kone, Outotec, Assuring the connectivity, making networks efficient and manageable 8% of sales International market Millicom, Emtel Mauritius, Celcom Malaysia Providing the future connected world solutions, for people and devices 42% of sales Broad market but intensified competition egovernment Delegation Finland s Board of Education, MTV Media Assuring the end to end security, reducing business risk 5% of sales High potential for growth Swedish Tax Agency, SL, EIdentification Board

12 References

13 M2M

14 ehealth Market & Stakeholders

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16 Going forward Connectivity our strong position M2M ehealth Cloud The Nordics is main market Continuous improvement Balanced focus on Public, Industry and Telecom Broader footprint with key clients Prime Brand in Connectivity for talents and clients

17 Main shareholders Shareholder Holding % JCE GROUP AB % Swedbank Robur funds 8.20 % Didner & Gerge Fonder Aktiebolag 4.64 % SEB LIFE INTERNATIONAL ASSURANCE 3.88 % FÖRSÄKRINGSAKTIEBOLAGET, AVANZA PENSION 3.86 % JCE SECURITIES AB 2.62 % NORDNET PENSIONSFÖRSÄKRING AB 2.27 % HASSBJER DEVELOPMENT AB 1.97 % GRANIT SMÅBOLAG 1.16 % SUNDMAN, DAG OLOFSSON 1.15 % HANSSON, LARS ERIK 0.84 % CONSAFE SECURITIES AB 0.83 % TEQUITY AB 0.82 % THURESSON, MARCUS 0.62 % METZLER INTL INVESTMENTS PLC /, METZLER EUROPEAN 0.57 %

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