August 16, 2017 6:02 PM ET

Software

Company Overview of Temenos Group AG

Company Overview

Temenos Group AG, together with its subsidiaries, develops, markets, and sells integrated banking software systems primarily to banking and other financial services institutions worldwide. It offers core banking platform for financial institutions; analytics and reporting solutions; Front Office, an integrated, role-specific, and multi-channel solution that supports banks’ daily interactions and long term relationships with their retail, corporate, mass affluent, and U/HNW customers; and breaking channels solutions, which enables its clients to deliver products and services for various business line through self-service and assisted channels for bank staff and customers. The company also pro...

2 Rue de L’Ecole-de-Chimie

Geneva,  1205

Switzerland

Founded in 1993

4,356 Employees

Phone:

41 22 708 11 50

Fax:

41 22 708 11 60

Key Executives for Temenos Group AG

Chief Executive Officer
Age: 48
Total Annual Compensation: $1.6M
Executive Chairman
Age: 52
Total Annual Compensation: $1.2M
Compensation as of Fiscal Year 2016.

Temenos Group AG Key Developments

Temenos Group AG Reports Earnings Results for the Second Quarter of 2017

Temenos Group AG reported earnings results for the second quarter of 2017. For the quarter, the company reported total revenue grew 15% in the quarter, driving growth in EBIT of 21% and giving an LTM EBIT margin of 30%. The company continue to have strong cash collection in the quarter with an operating cash inflow of $44 million and a reduction in DSOs by 6 days to reach 124 days by quarter end. The company continue to see strong growth in net profit, which was up 25% both in the quarter and over the last 12 months. EPS was up 24% in the quarter and 22% over the last 12 months, to give an EPS of $2.25 over the last 12 months.

Temenos Seeks Acquisitions

Temenos Group AG (SWX:TEMN) is seeking acquisitions. Max Chuard, Chief Executive Officer of Temenos, said, “We said last year, some markets were a small bolt-on acquisition, like the one that we've done with Rubik, could upset growth in such a market. And there are ongoing discussions, but it's always difficult to say if those will materialize. But clearly, those highly synergistic who can sit with Rubik within a couple of months, we've got a very large pipeline of opportunity there already. So we said, basically from (inaudible) we will assess the markets where we could expand. And as well as from a market point of view, clearly, today, we've got a very strong leadership position. The growth side, we could expand some of the markets as well as we've done with (inaudible) capital market, we could build on that. So I think clearly those would be the areas where we could enlarge our market opportunity.”

Temenos Group AG, Q2 2017 Earnings Call, Jul 19, 2017

Temenos Group AG, Q2 2017 Earnings Call, Jul 19, 2017

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Recent Private Companies Transactions

Type
Date
Target
Buyback
November 2, 2016
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