2

How we got through the Covid-19 crisis in 2020

People

  • Telework deployed in all countries during lockdowns
  • Limited recourse to partial unemployment
  • Hiring postponed when possible

IT Infrastructure

  • Robust network
  • Secure datacenter

Innovation

  • Product development plans continued as planned

Finance

  • Prudent cost management
  • Travel, reception, marketing all reduced
  • Rent and social payments postponed
  • Robust financial situation
  • Reasonable leverage
  • No debt maturing before October 2024
  • €65m RCF undrawn
  • Overdraft facilities partly unused

Business model

  • Recurring revenue
  • Predominately in the healthcare sector

4

Rebound started right after the first lockdown

5

© cegedim 2021

FY 2020 Revenue virtually stable like for like

6

© cegedim 2021

Breakdown of business by clients

7

© cegedim 2021

Breakdown of business by activities

8

© cegedim 2021

FY 2020 performance by activities

9

© cegedim 2021

FY 2020 Revenue: Quarterly revenue organic change

10

© cegedim 2021

FY 2020 Revenue: Main trends by divisions

11

© cegedim 2021

Outlook

12

© cegedim 2021

Cegedim's equity story

We are unlocking the massive potential of the Group by creating synergies

between our different offerings

We are uniquely positioned to drive digitalization of the economy

Strong market

Strong recurring

Stable

Focus on free

position

revenue base

customer base

cash flow

An unique integrated healthcare

All products on

A refocused

ecosystem

SaaS

group

Solid business

Innovation is

Long-standing

Entrepreneurial

model

our Motto

shareholder support

culture

13

FY 2021 Financial agenda

14

© cegedim 2021

Addendum

FY 2020 Revenue

15

FY 2020 revenue: Software & Services division

This highly recurring business received a boost from the launch of a teleconsultation solution, Maiia Téléconsultation, which experienced strong growth due to the Covid-19 pandemic. As a reminder, the teleconsultation offering was supplied to clients free of charge in the first half of 2020. This fine performance was more than offset by the fact that several projects due to launch in 2020 were delayed until 2021 and because the complicated backdrop caused many investment decisions to be put off, particularly in the field of health insurance.

16

© cegedim 2021

FY 2020 revenue: Flow division

This business was negatively affected by the Covid-19 pandemic, which caused many in France to make fewer doctor visits during lockdowns, thus diminishing the health flow. Some of our clients decided to postpone projects from 2020 to 2021. However, the decline was partly offset by a very good performance in the invoice and process digitalization activity.

17

© cegedim 2021

FY 2020 revenue: Data & Marketing division

Data activities experienced strong growth as a result of the pandemic. On the other hand, during the first lockdown of 2020, the pandemic had a detrimental impact on advertising business at pharmacies in France.

18

© cegedim 2021

FY 2020 revenue: BPO division

This business got a boost from adding a new client in the fourth quarter of 2019, which more than offset the decrease in French residents' use of healthcare during the Covid-19 lockdowns.

19

© cegedim 2021

FY 2020 revenue: Corporate & others division

No comments

20

© cegedim 2021

Bridge from reported to LFL revenues

21

© cegedim 2021

FY 2020 revenue: Sector / Division comparison

22

© cegedim 2021

Q4 2020 Revenue overview

23

Thank you for your attention

For any additional information

janeryk.umiastowski@cegedim.com

24

Attachments

  • Original document
  • Permalink

Disclaimer

Cegedim SA published this content on 26 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 January 2021 16:57:01 UTC