ASCOM HOLDING AG Expand
Focus on growth
2023 Financial Results Media Conference March 5, 2024
Welcome
Daniel Lack, Company Secretary
Agenda
1. | Full-year 2023 at a glance | Nicolas Vanden Abeele, CEO |
2. | Financial Review 2023 | Dominik Maurer, CFO |
3. | Strategy & Business Update | Nicolas Vanden Abeele, CEO |
4. | Guidance | Nicolas Vanden Abeele, CEO |
5. | Questions & Answers |
Annual Media Conference 2024 | 5 March 2024 | ©2024 ASCOM 3
Full-year 2023 at a glance
Nicolas Vanden Abeele, CEO
Full-year 2023 at a glance
Good progress and financial performance despite macroeconomic headwinds in H2/2023
Net revenue growth of 5.5% at constant currencies (flat at actual currencies)
Flat incoming orders at constant currencies with solid order backlog
Increase of EBITDA margin to 10.1% (8.0% in 2022)
Strong net profit of 17.4mCHF (11.0mCHF in 2022) and increased EPS to 0.48 CHF (0.31 CHF in 2022)
Solid equity ratio (39.9%) and improved net cash position (24.7mCHF)
Annual Media Conference 2024 | 5 March 2024 | ©2024 ASCOM 5
2023 Highlights
Good progress on financials despite slower H2/2023
Revenue
In actual currencies (mCHF)
0.0% | |
297.4 | 297.3 |
2022 | 2023 |
- 5.5% YoY revenue growth at constant currencies
- H1: 10.3% growth at constant currencies and strong performance in DACH and UK
- Slowdown in H2 across all regions
Incoming Orders
In actual currencies (mCHF)
335.7 | -5.1% |
318.6 | |
2022 | 2023 |
- Flat Incoming Orders at constant currencies
- Strong IO in NL, US, DACH
- Book-to-billratio of 1.1
- Solid order backlog at year end of 276.4mCHF (276.5mCHF in 2022)
EBITDA & Net Profit
In actual currencies (mCHF)
+6.2 | |
30.1 | +6.4 |
23.9 | |
17.4 | |
11.0 | |
EBITDA | Net Profit |
2022 2023 | 2022 2023 |
- EBITDA margin increase to 10.1% (8.0% in 2022)
- Strong H2 EBITDA of 12.8% despite lower NR growth
- Efficiency gains and cost mgt.
- Solid net profit growth to 17.4mCHF
- Strong EPS accretion (+55%)
Free Cash Flow
In actual currencies (mCHF)
+20.1
16.3
-3.8
2022 2023
- Strong cash flow generation of 16.3mCHF (vs. -3.8mCHF in 2022)
Annual Media Conference 2024 | 5 March 2024 | ©2024 ASCOM 6
Selected Healthcare Wins in 2023 (by customers)
Annual Media Conference 2024 | 5 March 2024 | ©2024 ASCOM | 7 |
Selected Healthcare Wins in 2023 (by products)
DACH | Finland | DACH | Netherlands | USA |
Kreiskliniken | Istekki | Health Holding | Radcliff VA | |
Patyna | ||||
Darmstadt-Dieburg | Framework | Lüneburg | Medical Center | |
Long-term Care | ||||
Acute Care | Agreement | Acute Care | Acute Care | |
Ascom Healthcare | Nurse Call | Software/Mobility | Nurse Call | Nurse Call / |
Platform | Software | |||
Netherlands | UK | Sweden | USA | USA |
Maasstad Hospital | Children's Hospital | HSO | ||
4 Big IDN's | York Hospital | |||
Acute Care | Acute Care | Framework | ||
Acute Care | Acute Care | |||
Agreement | ||||
Ascom Healthcare | Ascom Healthcare | Ascom Healthcare | Ascom Healthcare | Nurse Call / |
Platform | Platform | Platform | Platform | Software |
Annual Media Conference 2024 | 5 March 2024 | ©2024 ASCOM 8
Selected Enterprise Wins in 2023
Annual Media Conference 2024 | 5 March 2024 | ©2024 ASCOM 9
Financial Review 2023
Dominik Maurer, CFO
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Ascom Holding AG published this content on 04 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 March 2024 04:42:04 UTC.
