Applus Services S A : 283013 30/10/2019 Applus+ 2019 Third Quarter Results Presentation
October 30, 2019 at 04:57 am EDT
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Applus+ Group
YTD Q3 2019
Results Presentation
30 October 2019
Disclaimer
This document may contain statements that constitute forward looking statements about Applus Services, SA ("Applus+" or "the Company"). These statements are based on financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations, which refer to estimates regarding, among others, future growth in the different business lines and the global business, market share, financial results and other aspects of the activity and situation relating to the Company.
Such forward looking statements, by its nature, are not guarantees of future performance and involve risks and uncertainties, and other important factors that could cause actual developments or results to differ from those expressed or implied in these forward looking statements. These risks and uncertainties include those discussed or identified in fuller disclosure documents filed by Applus+ with the relevant Securities Markets Regulators, and in particular, with the Spanish Market Regulator, the Comisión Nacional del Mercado de Valores.
Applus+ does not undertake to publicly update or revise these forward-looking statements even if experience or future changes make it clear that the projected performance, conditions or events expressed or implied therein will not be realized.
This document contains summarised information or information that has not been audited. In this sense this information is subject to, and must be read in conjunction with other publicly available information including if necessary any fuller disclosure document published by Applus+.
Nothing in this presentation should be construed as a profit forecast.
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Results Presentation YTD Q3 2019
HIGHLIGHTS
FINANCIAL REVIEW
BUSINESS REVIEW
SUMMARY & OUTLOOK
Fernando Basabe
Chief Executive Officer
Highlights
Good organic revenue growth and margin improvement trend continues
Strong cash generation
First nine months double digit organic revenue growth in IDIADA and Labs and mid single digit in Energy & Industry and Auto divisions
Acquisition of LEM in Chile with €8 million of revenue and margin accretive
YTD Q3 Results:
Revenue of €1,329.9 million up 6.8% (organic1 +6.0%)
Operating profit2 of €148.5 million up 11.3% (organic1 +9.3%)
Operating profit2 margin of 11.2%, up 45 bps (organic1 +34 bps)
Adjusted2 free cash flow of €117.4 million up 22.9%
(1)Organic is at constant exchange rates and based on prior year proforma figures including IFRS16
(2)Adjusted for Other Results, amortisation of acquisition intangibles and based on Last Year Proforma figures including IFRS 16 see slides 8 & 9
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Results Presentation YTD Q3 2019
HIGHLIGHTS
FINANCIAL REVIEW
BUSINESS REVIEW
SUMMARY & OUTLOOK
Joan Amigó
Chief Financial Officer
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Applus Services SA is a Spain-based company in the Testing, Inspection and Certification (TIC) sector. The Company's activities, in over 70 countries, are divided into four segments: Automotive Division - statutory vehicle inspection services in jurisdictions where transport and systems must comply with technical-safety and environmental regulations; IDIADA Division made up of Engineering services including worldwide homologation, product certification, Proving ground and Facility and Design providing; Energy & Industry Division where The Company offers Supervision, Testing and Analysis, Inspections, Engineering and consulting across a comprehensive range of fields including renewable energy sources, telecommunications and marine environment entities; Laboratories Division which provides certification and development services in areas of Mechanical, Structural, Electrical engineering Cybersecurity, Fire and Building Materials and Metrology and Calibration Systems.
APPLUS SERVICES, S.A. 
