1 Quarter 2010 EDB

April 20, 2010

One improved EDB launched

Capabilities aligned and coordinated

New and powerful consulting unit in place

Card Services in solutions area in B&F

Enabling synergy realizationEnabling synergy realization

Simplified legal structure

New logo symbolize the change

Very positive feedback from customersVery positive feedback from customers

Page 21 Quarter 2010

Q1 highlights Group

Revenue 1,824 million (5% y/y)

EBITA 134 million 0% y/y3 % y y

EBITA margin 7.4 %

P iti t d ft h ll i 2009P iti t d ft h ll i 2009Positive revenue trend after challenging 2009Improved EBITA marginPositive revenue trend after challenging 2009Improved EBITA marginNew signings NOK 1.3 bnNew signings NOK 1.3 bn

Page 31 Quarter 2010

Q1 Key metrics

(NOK illi )

Revenue

1 824EBITA

134EBIT

92(NOK million)

1,824 134 92Q1 09: NOK 1,936 mill (-5%) Q1 09: NOK 135 mill (0%)

CAPEXCash-flow

Q1 09: NOK 105 mill (-12%)

EPS (NOK)

37-182( )

0.4037Q1 09: NOK 39 mill (-5%)

182Q1 09: NOK 19 mill

0.40Q2 09: NOK 0.49 (-18%)

Page 41 Quarter 2010

Positive Y/Y revenue trend

Change in revenue per quarter y/y

1 Quarter 2010Page 5

Revenue distribution

Revenue by business area Revenue by industry

1 Quarter 2010Page 6

Solid order backlog NOK 12,1 bn

ONew signings Q1 NOK 1,3 bn

Order backlogIT Operations NOK 8 8 bn K

mill

Order backlog secures visibility

– IT Operations NOK 8,8 bn– Solutions 2,7 bn– Consulting 0,6 bn

NO

K

1 Quarter 2010Page 7

HighlightsK fi

BUSINESS AREAS

Key figures

Q1 highlights – IT Operations

(NOK MILLION) Q1 2010 Q1 2009* Y/YOrganic growth in all segments except Industry

(NOK MILLION) Q1 2010 Q1 2009* Y/Y

Operating revenue 1,076 1,102 -2%

EBITA 85 74 15%

Continued cost control secures strong EBITA gro th

EBITA % 7.9 6.7

CAPEX 32 33 -4%

Employees 1,987 1,913growth

Managing Capex; -4% y/y

Employees 1,987 1,913

New signings NOK 700 million

Swedish Tax Agency; SEK 50 million

1 Quarter 2010Page 9

*Pro forma figures

Q1 highlights – Consulting

(NOK MILLION) Q1 2010 Q1 2009* Y/Y(NOK MILLION) Q1 2010 Q1 2009* Y/Y

Operating revenue 452 522 -13%

EBITA 29 38 -22%

Billable utilisation; 75%

Still challenging market in EBITA % 6.5 7.2

CAPEX 1 3 -58%

Employees 2,870 2,907

Industry segment

Growth in global sourcing p y , ,g grevenue +9%

Frame agreement gRegeringskansliet 2+2 years

Successful implementation of SAP-project to Expert

1 Quarter 2010Page 10

*Pro forma figures

Q1 highlights – Solutions

(NOK MILLION) Q1 2010 Q1 2009 Y/YOutperforming market in B&F with 12% growth

(NOK MILLION) Q1 2010 Q1 2009 Y/Y

Operating revenue 403 374 8%

EBITA 49 48 2%

Strong solution portfolio and unique competencies

EBITA % 12.1 12.7

CAPEX 0 1 -100%

Employees 1,015 980

Exploring partnership with DnB NOR

p y ,

Significant card contract in Finland; NOK 120 million

1 Quarter 2010Page 11

Future prospectsOUTLOOK

Opportunities in a challenging market

Strong innovation in solutions portfolio B & F

EDB`s growth initiativesMarket outlook by IndustriesCAGR 2010–2012

solutions portfolio B & F

Internet bank Apps on iPad

Utili i d

Public sector

Utilize on increased demand in Public sector

New and powerfulTelecom

Banking and

Finance

New and powerful Consulting unit

Premium partner Microsoft Industry

Telecom

pSharepoint 20100 1 2 3 4 5

Source IDC

1 Quarter 2010Page 13

Premium Launch Partner for Wave 14

Microsoft’s Largest Product Launch in Years

EDB selected as premium

Global launch 12 May 2010

EDB selected as premium launch partner in Norway

Significant market potentialSignificant market potential

Building capabilities to meet market demand

Integrated to EDB desktop solution Skala

More than 100 000 end users– More than 100,000 end-users

1 Quarter 2010Page 14

SummaryQ1 2010

Summary Q1 and 2010 – Group

One EDB welcomed by ycustomers

Positive revenue trend and OUR VISION:

growth in key areas

Improved EBITA margin

OUR VISION: The best partner for

creating lasting value from information technology for

N di tp g

Executing operational priorities

I ti d t f

Nordic customers around the world

Innovation and partner focus

Page 161 Quarter 2010

www.edb.com