Investor Presentaiton
2015-Q3 18 LTM Revenues, EBITDA and Cash Conversion
LTM Operating Revenues (€m)
LTM EBITDA (Em)
% of
operating
revenues
975
943
872
812
Margin % 30.7%
36.3%
39.2%
41.7%
50.9%
514
370
407
317
249
2015
2016¹
2017²
LTM Q3'18²
20151,3
1,3
2016
20172,3 LTM Q3'182,3 LTM Q3'18 2,4
Adjusted
LTM CapEx (€m)5
7.9%
9.8%
64
86
9.8%
13.6%
74.3%
% of EBITDA7
133
92
92
LTM Cash Conversion (€m)6
73.0%
75.0%
67.3%
274
277
231
185
nexi
2015
Source: Company information.
2016
2017
LTM Q3'18
2015¹
2016¹
20172
LTM Q3'18²
1. Aggregated Non-GAAP financial measures. See Listing Particulars af Nexi Capital for further information. 2. Represents pro-forma operating revenue/EBITDA on a segmental basis, including
the pro-forma impact of: (i) the full fiscal year contribution from recently acquired businesses, (ii) certain transaction costs associated with the Nexi Capital offering and recent acquisitions, and
(iii) certain transactions with DEPObank. 3. Normalized EBITDA: excludes non recurring items. 4. See EBITDA adjustments on slide 13. 5. Calculated on a pro-forma basis. 6. Cash Conversion
defined as EBITDA less CapEx. 7. Cash Conversion ratio defined as EBITDA less CapEx, as % EBITDA
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