présentation powerpoint...*before amortisation of the ecs customer portfolio and the osiatis brand...
TRANSCRIPT
![Page 1: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/1.jpg)
![Page 2: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/2.jpg)
![Page 3: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/3.jpg)
![Page 4: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/4.jpg)
![Page 5: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/5.jpg)
![Page 6: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/6.jpg)
(
![Page 7: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/7.jpg)
![Page 8: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/8.jpg)
revenue €43.4 M
![Page 9: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/9.jpg)
![Page 10: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/10.jpg)
![Page 11: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/11.jpg)
![Page 12: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/12.jpg)
![Page 13: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/13.jpg)
audits
![Page 14: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/14.jpg)
![Page 15: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/15.jpg)
![Page 16: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/16.jpg)
growth:
first step: BIZMATICA
![Page 17: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/17.jpg)
EXPERTS
![Page 18: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/18.jpg)
![Page 19: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/19.jpg)
+ €8 M
![Page 20: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/20.jpg)
![Page 21: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/21.jpg)
![Page 22: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/22.jpg)
![Page 23: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/23.jpg)
![Page 24: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/24.jpg)
![Page 25: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/25.jpg)
![Page 26: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/26.jpg)
![Page 27: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/27.jpg)
*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014**Financial operating profit restated as financial expenses/IFRIC 21/ for. discontinued operations (Services Germany)/Interadapt (Brazil)
![Page 28: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/28.jpg)
![Page 29: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/29.jpg)
organic growth in
![Page 30: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/30.jpg)
organic growth in
€4.4 M
strategy
Lenovo
•
• °•
•
![Page 31: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/31.jpg)
€
•
•
•
![Page 32: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/32.jpg)
![Page 33: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/33.jpg)
![Page 34: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/34.jpg)
Net book debt
*Impact on cash of exceptional costs
**Net of sales made for the exercise of options
•
•
![Page 35: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/35.jpg)
Net book debt
•
•
![Page 36: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/36.jpg)
•
•
disintermediation
![Page 37: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/37.jpg)
•
•
•
![Page 38: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/38.jpg)
![Page 39: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/39.jpg)
•
.
•
![Page 40: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/40.jpg)
![Page 41: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/41.jpg)
![Page 42: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/42.jpg)
![Page 43: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/43.jpg)
![Page 44: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/44.jpg)
![Page 45: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/45.jpg)
![Page 46: Présentation PowerPoint...*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated](https://reader034.vdocument.in/reader034/viewer/2022042412/5f2b6e8c1db8035c91467fcd/html5/thumbnails/46.jpg)