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Niklas Flyborg, Gunilla Rudebjer

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The Group gets a common name and uniform profile across all markets ... New market roles as content becomes increasingly accessible ... – PowerPoint PPT presentation

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Title: Niklas Flyborg, Gunilla Rudebjer


1
January - March 2007
  • Niklas Flyborg, Gunilla Rudebjer
  • April 26, 2007

2
Highlights January - March 2007
  • All regions report growth
  • Strong growth in integrated services and
    evaluation services
  • Growth in international client segment
  • Restructurings proceed according to plan
  • Number of employees reduced by 95 during the
    quarter.
  • Stabilization and enhanced services in the UK
  • Enhanced evaluation services and increasingly
    digital solutions improved sales in the Nordic
    Baltic region.
  • Continued positive development in the US, Germany
    and Portugal
  • New company name and brand launched
  • CisionPoint increasingly common offering
  • Sales offices established in Amsterdam and Hong
    Kong

3
Cision new common corporate name and brand
  • The Annual General Meeting 2007 resolved to
    change the companys name to Cision.
  • The Group gets a common name and uniform profile
    across all markets
  • CisionPoint increasingly common offering in all
    markets
  • A common name that applies to every part of the
    Group allows Cision to
  • Better leverage its international presence
  • Be an obvious partner to large and international
    clients.
  • Increase efficiency
  • Move towards services that contain analyzed
    information

4
Market
  • Generally good market conditions, but tough
    competition in all service areas
  • Growing importance of reputation and brands drive
    demand
  • Rising demand for integrated services with
    value-added analyzed information
  • Growing demand within international client
    segment
  • New market roles as content becomes increasingly
    accessible
  • Publishers seek new revenue streams as print
    media declines in relative importance
  • Opportunities in mediating information
  • Consolidation will continue and increase, mainly
    driven by technological shift (digitalization),
    internationalization of industry and lack of
    critical mass amongst regional competitors.

5
January March 2007
  • Restructuring expenses of SEK 20 (-) million

6
Organic Growth Operating Margin (rolling 12
months)
Excluding write-down goodwill and restructuring
expenses
7
Operating Cash Flow and EBIT (rolling 12 months)
Amounts in SEK million
Excluding write down of goodwill and
restructuring costs
8
Balance Sheet March 31, 2007
Financial Assets, 189 Current receivables,
392 Other fixed assets, 258 Goodwill 1 959
Financial liabilities 924 Operating
liabilities 477 Equity 1 289
Working capital -85 Equity / Assets ratio
45 Debt / Equity ratio 57 Net
debt 735
Amounts in SEK million
9
The Regions
  • North America
  • Solid earnings
  • Organic growth amounted to 2 (5 excluding
    nonrecurring earnings in 2006)
  • Healthy demand for integrated services
  • Rest of Europe
  • Improved earnings
  • Organic growth amounted to 2
  • Positive development in Germany and Portugal
  • Stabilization and enhanced service offering in UK
  • Nordic Baltic
  • Improved earnings
  • Organic growth amounted to 3
  • Digitalization increases client value in Cisions
    software solution, CisionPoint


10
Restructuring
  • Restructuring expenses amounted to SEK 20 million
  • Effects by the end of the year
  • Irish operations closed in January.
  • Costs reserved in 2006
  • The action programs are expected to lead to
    yearly savings of SEK 200 million with a full
    effect by 2009. Restructuring expenses are
    expected to total SEK 170 million. The impact on
    earnings based on the 2006 expense level and
    exchange rates is
  • estimated as follows
  • Estimates of aggregate effects are preliminary
    and could be affected by outside circumstances,
    which
  • could result in eventual changes in the time
    schedule.

11
Cision today
  • Strengths
  • Global market leader with a common brand
  • Unparalleled offering breadth and depth
  • Large client base
  • Prime position in North America the leading
    media market in the world
  • Strong cash flow
  • Opportunities
  • Strong growth in international client segment
  • Strong position within our client segment
  • Effects from initiated cost reduction program
  • Increased synergies within and between regions
  • Expansions to new markets
  • Cision is well positioned to capitalize on a
    growing market.

12
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