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Investors Presentation Milano, 23 ottobre 2014

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Page 1: Presentazione lunch meeting 2014 [modalità compatibilità] · Business Process Outsourcing Capabilities Healthcare Trading Room Credit & Risk Management Mobile ... SAP Suite Security

Investors PresentationMilano, 23 ottobre 2014

Page 2: Presentazione lunch meeting 2014 [modalità compatibilità] · Business Process Outsourcing Capabilities Healthcare Trading Room Credit & Risk Management Mobile ... SAP Suite Security

22

WHO

We ARE

Exprivia SpA is an Italian Information

Technology Group focused on the design

and development of innovative solutions,

with an international footprint thanks to

its presence in Italy, Europe, Latin America

and China.

At a Glance

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33

En

erg

y &

Uti

liti

es

Market

Capital Market

Credit & Risk

Management

SAP

Social & Web 2.0

IT Governance & Infrastructure

Business Analytics

BPM & EAM

Business Process Outsourcing

Ca

pa

bil

itie

sHealthcare

Trading Room

Credit & Risk Management

Mobile

Information Infrastructure

Monitoring

SAP Suite

Security

Voice Recognition

Business ModelS

olu

tion

s

He

alt

hca

re

Ind

ust

ry &

Ae

rosp

ace

Ba

nk

s &

Fin

an

ce

Pu

bli

c A

dm

inis

tra

tio

n

Telc

o &

Me

dia

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4

Milestones

1988

1983 2005

2006

2007

Formation

(as AISoftw@re)

Abaco

Formation

Merger of

AlSoftw@re

and Abaco

Renaming of the

Group to Exprivia

Acquisition of

Svimservice

and Wel.Network

2008

Acquisition of Aurora

Web business unit

(Siemens) and Datilog

Acquisition of Spegea,

Exprivia Sl, Infaber

and Network Services

2010

Acquisition of

Prosap

2009 2011

Acquisition of Realtech

Italia and Sistemi

Parabancari

2012

Acquisition of

Exprivia do Brasil

Acquisition of

Devoteam

auSystem Spa

2014

2014

Incorporation of

Exprivia Asia

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5

International Coverage

ITALY : 9 OFFICES

Molfetta (BA) - Headquarters

Bari, Milano, Roma, Piacenza,

Trento, Vicenza, Genova, Padova

Exprivia is an italian Group….with an international view

SOUTH AMERICA: 2 OFFICES

Lima, São Paolo

NORTH & CENTRAL AMERICA:

3 OFFICES

Mexico City, Monterrey and

Guatemala City

SPAIN: 4 OFFICES

Madrid, Barcellona e Las Palmas

CHINA: 2 OFFICES

Beijing, Hong Kong

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66

Revenues Ebitda

€m €m

Net Result

€m

CAGR 2005-2013

[15.1%]

A story of Growth

CAGR 2005-2013

[23.6%]

CAGR 2006-2013

[14.9%]

Employees (FTE)

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7

Group Structure

EXPRIVIA S.p.A.

ERP- EX. ERP

Exprivia

Enterprise

Consulting

S.r.l.

100%

HEALTHCARE

Exprivia

Healthcare IT

S.r.l.

100%

CORPORATE

ACADEMY

Spegea

S.ca.r.l.

60%

OIL & GASOIL & GAS

FINANCE

Sistemi

Parabancari

S.r.l.

100%

BPO

Exprivia

Projects

S.r.l.

100%

TLC

Exprivia

Telco &

Media

S.r.l. 100%

Exprivia S.L.

(Spain)

100%

Exprivia do Brasil

Serviços de

Informatica Ltda

(Brazil)

52,22%

ProSAP

Centroamérica S.A.

(Guatemala)

98%

ProSAP S.L.

(Spain)

51,12%

ProSAP Perù S.A.C.

(Peru)

99,99%

ProSAP SA de CV

(Mexico)

98%

UTILITIESUTILITIES AEROSPACEAEROSPACE P.A.P.A. INTERNATIONALINTERNATIONAL

Exprivia Asia Ltd

(Cina)

100%

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88

Energy & Utilities

We have consolidated our position in the

energy market over the years through

our ability to combine our knowledge of

IT best practices with specific expertise

in the extraction, transport, storage,

refining and distribution processes of oil

and natural gas.

Our vast experience makes us the perfect

partners for projects on both core

processes and non-core activities .

ENERGY

For the Public Utilities Service sector,

which includes energy, postal,

environmental, water and transport

services, Exprivia works with its

customers to create solutions to develop

and manage transversal processes and

characteristics. Specifically, the company

proposes solutions that ensure integrated

management of administrative

processes, efficiency in operating

processes, quality customer service,

process performance and compliance

with service levels.

UTILITIES

We have over 10 years experience in assisting the biggest multinationals in the sector which means that

we can propose solutions and innovative services that increase the competitiveness of companies by

optimising their processes.

New energy for innovation

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99

Healthcare

Starting from the care for the patient and continued

improvement of the health services provided, we have

created a service for the healthcare market with

innovative solutions for management and control at the

regional level and for the local care provided by Local

Healthcare Providers (ASL) and for the hospital care.

250 hospitals and healthcare centers, for a total of 20

million patients: this is the result of our daily

commitment provided by a team of 350 professionals,

along with thirty years experience in the healthcare sector.

Innovating processes is good for the public

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1010

Healthcare

e4cure, is our solutions suite that allows all of the

individuals involved in regional healthcare to be

connected in a single network, from healthcare facilities

to family doctors to accredited private facilities, and

offering online services to the public.

The suite meets all the needs of the healthcare market:

from management and control at regional level (regions

and regional agencies), to local care provided by Local

Healthcare Providers and hospital care (hospitals, public

and private health care facilities and nursing homes).

: THE INTEGRATED SUITE PRODUCT FOR HEALTH

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1111

Industry & Aerospace

Information Technology can only work properly if the tools and

solutions are perfectly integrated in accordance with the

specific requirements of the industry in question: size,

production chain and distribution models. This is why we can

help large and small businesses with our flexible, modular

technology, custom designed for all business activities and

manufacturing and organisational processes.

Our association with SAP has been in place for over ten years

and has made us a recognised partner in Italy and abroad, due

in part to the 600 certified professionals working with us who

are specialised in ERP and logistics.

Our well-distributed presence in Italy means that we can

provide assistance to businesses all over the country, thanks in

part to our innovative nearshoring service models.

At the hearth of your processes

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12

Banks, Finance & Insurance

Banks and financial institution customers are

increasingly demanding and require uninterrupted

service, everywhere, using any device.

We have 25 years' experience partnering with leading

credit institutions and groups in Italy and abroad.

Through our work with 100 different customers, we

have been able to research and develop innovative

technological solutions to monitor strategic processes,

especially in the areas of loans, risk control and

financial markets.

Your business is our interest

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13

Pubblic Administration

The Public Administration market is one that requires IT solutions

to simplify organisational processes in order to increase the

quality and speed of services provided to the public and

businesses.

In this scenario, we have identified increasingly efficient solutions

to automate processes, ensure flexible, efficient management,

and at the same time, improve communication between various

public administration offices, the public and businesses.

We have been working for both central and local government for

over ten years, which means that our customers can benefit from

the expertise and knowledge of both peripheral and central

processes to better manage complexity.

Streamlining processes to improve people's lives

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1414

Telecommunications & Media

We continuously research new value-added services to propose

to customers in the telecommunications and media sector, and

are aware of the need to keep pricing competitive in order to

maintain market share.

We provide assistance to businesses in this sector, proposing

innovative solutions that aim to consolidate relationships with

customers through new digital marketing instruments for

customer care on the one hand, and to ensure more efficient

services to the end user on the other.

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International expansion represents a fundamental strategic component for Exprivia growth

that will be realized through parallel initiatives aimed at strengthening and better penetrating

emerging global markets:

1. growth to assist our Italian customers with their

foreign investments

2. selection of local partners for starting up new projects

3. acquisitions or joint ventures with foreign companies

Internationalization

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16

Internationalization

Italian customer abroad Local partners Acquisitions

The Exprivia International Network has been

chosen to spread the entire production process

in all their factories in the world.

BulgariaSirma Business Consulting

CroaziaSENSO-IS

SloveniaITAD

UngheriaAAM Management

Information Consulting

MoldaviaIT&IS

MexicoTESI Messico

Exprivia SLShareholding: 100%

Exprivia S.L. was established in April 2008 in

Madrid, dedicated to develop IT solutions and

systems for the healthcare sector and to provide

Web service in the Spanish market.

Prosap SLShareholding:

51.12%

ProSap is a Spanish company that was founded in

2002, with subsidiaries in Mexico, Guatemala and

Peru, offering professional services in SAP,

systems integration and application management

serving large and medium-sized customers in

Europe, USA, LATAM and domestic markets

Exprivia do BrasilShareholding: 52,22%

Exprivia do Brasil Serviços de Informatica Ltda is a

Brazilian company specialized in IT security

solutions and services for Telco and Financial

Institutions with headquarter in Sao Paulo.

Exprivia Asia LtdShareholding: 100%

Ready to set-up an operational WFOE

Our solutions were choosen to support their

business process in all the foreign banks of the

group.

1 2 3

EXPRIVIA ACHIEVEMENTS

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Exprivia Spain: 100%Merge Exprivia S.L. and Prosap ES after full acquisition of both companies

Exprivia Mexico: 100%Direct Control from Exprivia through capital increase from there expand in other emerging countries of Latin

America and in USA

Ecuador Bolivia Colombia

Panama Costa Rica USA

Exprivia Guatemala: 100%Part of Exprivia LATAM Network

Exprivia Perù: 100%Part of Exprivia LATAM Network

Exprivia do Brasil: 100 %Complete the investments to expand its presence in the healthcare and SAP / ERP markets.

Exprivia China: 100 %Incorporation a Chinese company that will offer Infrastructure Services, SAP Services, Healthcare Solutions.

17

Consolidation1 2 Expansion

Turkey

We are selecting a partner with Healthcare

expertise and complementary products to those

of the Exprivia Healthcare IT together with a

significant presence in other neighboring markets

(Middle East).

Azerbaijan

Targeted meetings to better understand the

business models, the market trends and emerging

technologies in the Oil & Gas and IT market

segments.

Internationalization

2014 INTERNATIONAL PLAN

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1818

Top 6 Others

Energy and Utilities

Healthcare

Industry and

Aerospace

Banks, Finance

and Insurance

Public Administr.

Telco and Media

Major Customers

Comune di Milano

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Top Others

Energy and Utilities

Healthcare

Industry and

Aerospace

Banks and Finance

Distribution

I.T.

Major International Customers

Mexico

Brasil

Spagna

Mexico

Spagna

Guatemala

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FY 2013 Results

132.5 131.2

Revenues Ebitda

10% Margin 6.6% Margin

Ebit

2.2% Margin

Net results

12.4 13.1

7.2 8.7

2.4 2.9

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First Half Year 2014 Results

63.4

68.4

Revenues Ebitda

6.6% Margin3.7% Margin

Ebit

0.7% Margin

Net results

4.9 4.53.0 2.5

FHY

2013

FHY

2014

0.5 0.2

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2013 quarterly Ebitda trend

1Q 2Q 3Q 4Q

3.0

3.53.5

5.0

4.62.5

0.9

2.5

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2323

Banks and

Finance

Healthcare

Industry Aerospace and Media

Energy and Telco

Public Admin.

UtilitiesAbroad &

Others

Trend by market segment

Trend by activities

FY 2013 Revenues Breakdown

2012 2013 2012 2013 2012 2013 2012 2013 2012 2013 2012 2013 2012 2013

2012 2013 2012 2013 2012 2013 2012 2013

87%

Italy

22.2

27.326.1

22.7

19.7

16.514.2

13.2

6.85.2

25.9 26.2

13.915.4

3.09.4

2.6 1.2

111.5

99.7

10.1 15

Hardware LicenceProjects &

ServicesMaintenance

13%

Abroad

Geographical breakdown

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2424

Capital structure (€ m)

NWC

Capital Structure and NWC

% on revenues 33% 28% 23%

2011 2012 2013

Net Debt/Ebitda 3.26 3.55 2.86

2011 2012 2013

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2525

Normalized

Net S/T

indebtednessNet L/T

Indebtedness

NFP

NFP bridge (€ 37.4 m)

Stable NFP

Cash

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2626

Italian Stock Exchange – STAR

N. of shares outstanding: 51.9 m

Price as of 15/10/14: € 0.67

Capitalization: € 48 milion

Bloomberg: XPR IM

Reuters: XPR.MI

Shareholding

Board of Directors

Share Informations Stock Chart

Domenico Favuzzi Chairman and CEO

Dante Altomare Vice Chairman

12 months performance

Company Profile

Rosa Daloiso Non-executive Director

Mario Ferrario Non-executive Director

Marco Forneris Non-executive Director

Valeria Savelli Non-executive Director

Vito Albino Independent Director

Angela Stefania Bergantino Independent Director

Alessandro Laterza Independent Director

Gianfranco Viesti Independent Director

Gianni Sebastiano Chief Financial Office - IRM