1. EDB launched an improved business with aligned and coordinated capabilities, including a new powerful consulting unit and simplified legal structure represented by a new logo.
2. The company saw positive revenue trends after a challenging 2009, with revenue of 1,824 million NOK (a 5% year-over-year decrease) and improved EBITA margins of 7.4%.
3. EDB secured future business with 1.3 billion NOK in new signings for the quarter and an order backlog of 12.1 billion NOK across business areas including IT Operations, Solutions, and Consulting.
2. One improved EDB launched
Capabilities aligned and coordinated
New and powerful consulting unit in place
Card Services in solutions area in B&F
Enabling synergy realization
Simplified legal structure
New logo symbolize the change
Very positive feedback from customers
1 Quarter 2010
Page 2
3. Q1 highlights Group
Revenue 1,824 million (5% y/y)
EBITA 134 million
3 0% y y
% y/y
EBITA margin 7.4 %
Positive
P iti revenue trend after challenging 2009
t d ft h ll i
Improved EBITA margin
New signings NOK 1.3 bn
1 Quarter 2010
Page 3
4. Q1 Key metrics
(NOK million)
illi )
Revenue EBITA EBIT
1,824
1 824 134 92
Q1 09: NOK 1,936 mill (-5%) Q1 09: NOK 135 mill (0%) Q1 09: NOK 105 mill (-12%)
Cash-flow CAPEX EPS (NOK)
( )
-182 37
182
Q1 09: NOK 19 mill Q1 09: NOK 39 mill (-5%)
0.40
Q2 09: NOK 0.49 (-18%)
1 Quarter 2010
Page 4
5. Positive Y/Y revenue trend
Change in revenue per quarter y/y
1 Quarter 2010
Page 5
7. Solid order backlog NOK 12,1 bn
New signings Q1 NOK 1,3 bn Order backlog secures visibility
O
Order backlog
NOK mill
– IT Operations NOK 8 8 bn
8,8
K
– Solutions 2,7 bn
– Consulting 0,6 bn
1 Quarter 2010
Page 7
13. Opportunities in a challenging market
Market outlook by Industries EDB`s growth initiatives
CAGR 2010–2012
Strong innovation in
solutions portfolio B & F
Public
sector
Internet bank Apps on iPad
Banking
and
Utilize
Utili on i
increased
d
Finance demand in Public sector
Telecom New and powerful
Consulting unit
Industry
Premium ppartner Microsoft
0 1 2 3 4 5 Sharepoint 2010
Source IDC
1 Quarter 2010
Page 13
14. Premium Launch Partner for Wave 14
Microsoft’s Largest Product Global launch 12 May 2010
Launch in Years
EDB selected as premium
launch partner in Norway
Significant market potential
Building capabilities to meet
market demand
Integrated to EDB desktop
solution Skala
– More than 100 000 end users
100,000 end-users
1 Quarter 2010
Page 14
16. Summary Q1 and 2010 – Group
One EDB welcomed by
y
customers
Positive revenue trend and OUR VISION:
The best partner for
growth in key areas creating lasting value
from information
Improved EBITA margin
p g technology for
Nordic
N di customers
t
around the world
Executing operational priorities
Innovation and partner focus
I ti d t f
1 Quarter 2010
Page 16