Q3 HIGHLIGHTS GROUP Revenue 1,716 million (7% y/y) EBITA 150 million (11% y/y) EBITA margin 8,8 % Gaining share in Bank & Finance; +6% y/y Change in pension scheme implemented Significant restructuring plan completed EDB Business Partner > slide 2
NON-RECURRING ITEMS & COST IMPROVEMENT PROGRAM Change in pension scheme reduces cost and balance sheet Close-down of 6 locations provision for restructuring Write-down of assets reflects market conditions Sales of units outside core business completed (NOK MILLION) Q3 2009 Pension scheme 568 Restructuring charges -152 Write down intangible assets -120 Write-down goodwill -218 Sale of businesses -62 TOTAL 16 EDB Business Partner > slide 3
Q3 2009 KEY METRICS Numbers in NOK million Revenue 1,716 Q3 08: NOK 1,854 mill (-7%) EBITA 150 Q3 08: NOK 168 mill (-11%) EBIT 110 Q3 08: NOK 129 mill (-15%) Cash-flow 30 Q3 08: NOK 127 mill (-76%) CAPEX 55 Q3 08: NOK 81 mill (-32%) EPS (NOK) 0.60 Q3 08: NOK 0.53 (+13%) EDB Business Partner > slide 4
REVENUE DISTRIBUTION By business area By industry EDB Business Partner > slide 5
CASH-FLOW FROM OPERATIONS GROUP NOK mill EDB Business Partner > slide 6
STRONG ORDER BACKLOG NOK 13.2 BN New signings Q3 2009; NOK 500 million Order backlog secures visibility Total backlog; NOK 13.2 bn Strong visibility; NOK 1.6 bn in Q4 2009 NOK 4.5 bn in 2010 EDB Business Partner > slide 7
BUSINESS AREAS Highlights Key figures
Q3 HIGHLIGHTS IT OPERATIONS Cost improvement program secures operating margin Locations consolidation to strengthen competencies Successful development at the Indian and Ukraine units (NOK MILLION) Q3 2009 Q3 2008* Y/Y Operating revenue 1,054 1,103-4% EBITA 102.3 106.0-3% EBITA % 9.7 9.6 CAPEX 49 65-24% Employees 1,957 2,080 Share of Group revenue Strong growth in Sweden * Pro forma figures EDB Business Partner > slide 9
Q3 HIGHLIGHTS APPLICATION SERVICES Billable utilization; 77% Divestment of non-core units completed Strategic agreement with AstraZeneca Growth in public system development (NOK MILLION) Q3 2009 Q3 2008* Y/Y Operating revenue 410 480-15% EBITA 26.9 29.3-8% EBITA % 6.6 6.1 CAPEX 3 4-25% Employees 2,786 2,824 Share of Group revenue * Pro forma figures EDB Business Partner > slide 10
Q3 HIGHLIGHTS SOLUTIONS LOI with FOREX Bank Strong growth in new SMS-bank solution Strong pipeline in Real-time fraud monitoring 6 new signings in the UK (NOK MILLION) Q3 2009 Q3 2008 Y/Y Operating revenue 343 325 6% EBITA 44.4 50.7-14% EBITA % 13.0 15.6 CAPEX 3 3 0% Employees 988 980 Share of Group revenue Strong growth in Sweden EDB Business Partner > slide 11
YTD Q3 `09 Highlights and key figures
HIGHLIGHTS YTD Q3 2009 GROUP New signings; NOK 7.2 bn Gaining share in B&F Operational cash-flow; MNOK 217 Managing CAPEX; - 41% (NOK MILLION) YTD 2009 YTD 2008 Y/Y Operating revenue 5,575 5,726-3% EBITA 435.2 531.2-18% EBITA % 7.8 9.3 Cash flow 217 153 +42% EPS 1.50 1.97-24% CAPEX 153 258-41% Employees 5,940 6,020 EDB Business Partner > slide 13
OUTLOOK Future prospects
SIGNS OF 2010 GROWTH IN NORDIC MARKET IT-services forecast 2010-2012 CUSTOMER PRIORITIES GROWTH OPPORTUNITIES Source: IDC August 2009 CAGR 2010-2012 Mobility solutions IT security Green initiatives Unified communication Virtualization Software as a Services Cloud computing Business Intelligence IT outsourcing Web 2.0 technologies EDB Business Partner > slide 15
EXECUTING EDB GLOBAL SOURCING MODEL Secure sourcing for Nordic organisations 2005 2007 2008 2009 2010 Establishing operations; Ukraine India Common go-to-market model established Blended mix: 18% Start integrate operations in Ukraine Common processes, methods and tools established Global governance model Blended mix: 26% Specialized global centers of excellence Global resource management system Blended mix: > 30% Improves productivity, talent management and sales opportunities EDB Business Partner > slide 16
STRONG NORDIC POSITION BUILDING MOMENTUM No. 1 BANK & FINANCE No. 1 SAP SERVICES No. 1 NORWAY No. 2 OUTSOURCING No. 3 INDUSTRY No. 4 PROJECT SERVICES No. 5 SWEDEN Source: IDC/ EDB EDB Business Partner > slide 17
Sustained value creation PRIORITIES 2010 Accelerated organic growth Develop and Attract Talent Increase Quality and Competitiveness Ambition: Nordic leadership One improved EDB
SUMMARY
SUMMARY Q3 AND YTD 2009 GROUP New signings NOK 7.2 bn Gaining share in Bank & Finance; +6% growth Managing cash-flow (+42% y/y) and CAPEX (-41% y/y) Cost and balance sheet adjustments completed Signs of market growth in 2010 EDB with clear operational priorities 2010 EDB Business Partner > slide 20