Kinnevik Results Presentation Deck
STRONG FINANCIAL DEVELOPMENT IN OUR TWO LARGE LISTED COMPANIES
Strong Financial Performance Driven by Customer Growth
I
I
3 726
1.5%
YTD'18
4 497
2.5%
Zalando
YTD'19
Source: Company filings
Revenue (EURm)
(3.2)%
1 200
Note: EBIT adjusted for share-based compensation.
Q3'18
0.4%
1 521
Q3'19
Q3 2019 revenue and GMV growth of 27% and 25% respectively,
with an adjusted EBIT margin of 0.4%, driven by strong traffic and
active customer growth
Adj. EBIT margin
Full-year outlook was confirmed, with GMV growth in the 20-25%
range, and adjusted EBIT in the upper half of the initial 175-225 MEUR
range
The company launched a new sustainability strategy which aims for a
net-positive impact for people and the planet, and committed to a
net-zero carbon footprint in its own operations, all deliveries and
returns
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I
I
Integration of Com Hem Completed Ahead of Time
27 832
32%
FY'18
27 659
34%
FY¹19
Tele2
Revenue (SEKm)
7 287
29%
Q4'18
7 270
33%
Q4'19
Underlying EBITDA margin
Q4 2019 revenues of SEK 7.3bn and end user service revenue of SEK
5.0bn, both largely flat on an organic basis
Organic underlying EBITDA growth of 10%, driven by synergies from
the Com Hem merger and continued strong performance in the
Baltics
The integration of Com Hem was concluded during the quarter, two
years ahead of plan, with SEK 800m in cost savings delivered
6
The Board of Directors proposed an ordinary dividend of SEK 5.50
per share and an extraordinary dividend of SEK 3.50 per share
Note: Underlying EBITDA excludes IFRS 16. Figures include Com Hem and are presented on
a like-for-like basis. Discontinued operations include Tele2 Netherlands, Kazakhstan
and Croatia.
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