Unique Networks – Fourth Quarter 2021 Monetary Replace

Fourth Quarter 2021 Reported Gross Gross sales at €1.0 billion up 14.1%¹ 12 months over 12 months

Full 12 months Reported Gross Gross sales at €3.3 billion up 15.1%¹ 12 months over 12 months, goal outperformed

• For the primary time in its historical past reaching €1bn of Gross Gross sales in 1 / 4

• Robust progress momentum throughout areas with additional acceleration in Americas

• Full-year 2021 profitability and medium-term targets confirmed

BOULOGNE-BILLANCOURT, France, February 21, 2022–(BUSINESS WIRE)–Regulatory Information:

Unique Networks (Euronext Paris: EXN) immediately introduced its Gross Gross sales and IFRS Income for the fourth quarter and full 12 months ended December 31, 2021.

Fourth Quarter 2021
Reported Gross Gross sales: €1.0 billion, up 31.4% 12 months over 12 months and up 14.1% together with Veracomp in 2020
IFRS Income: €799.1 million, up 37.5% 12 months over 12 months.

Full Yr 2021
Reported Gross Gross sales: €3.3 billion, up 29.5% 12 months over 12 months and up 15.1% together with Veracomp in 2020
IFRS Income: €2.5 billion, up 31.3% 12 months over 12 months.

Jesper Trolle, Chief Govt Officer, declared: “For the primary time in its historical past, Unique Networks exceeded one billion euros of Gross Gross sales in 1 / 4. This isn’t only a symbolic milestone in our journey but in addition once more demonstrates our success addressing the compelling demand for cybersecurity options and providing the optimum go to market platform to information clients within the ever-changing atmosphere with best-in-class options. The migration to cloud and its related complexity represents an important progress alternative because it permits us to get even nearer to distributors, companions and finish clients.”

“In the course of the quarter and in continuity with our third quarter 2021, demand was sturdy within the enterprise market and with a better variety of giant contracts, notably within the Americas and EMEA. Over the 12 months, we elevated our international associate community by 12% and expanded our geographical presence with strategic distributors, equivalent to Fortinet, F5, Juniper, Netskope and Palo Alto. Throughout the quarter, we additionally added the options of the brand new distributors Safety Rating Card, Docker, Salt Safety and Entrust to complement our portfolio of cybersecurity providing. And in December 2021, we efficiently closed the acquisition of Networks Limitless, a serious Sub-Saharan value-added distributor that allows us to get a deep footprint in 38 African markets with cybersecurity and infrastructure options. This efficiency demonstrates the relevance of our technique in place.”

Story continues

“First, I want to thank our distributors for his or her distinctive collaboration and efforts to beat the difficult provide chain atmosphere and all our operations groups for his or her relentless dedication to assist get provide to our companions. Lastly, I want to thank all our workers for his or her excellent contribution which allowed Unique Networks to realize this report quarter.”

* Variation at fixed foreign money is computed utilizing the fourth quarter of 2020 charges utilized to the fourth quarter of 2021 Gross Gross sales. The USD, GBP and PLN developed as follows; 1EUR: 1.1835 USD; 1EUR: 0.8600 GBP, 1EUR: 4.5650 PLN respectively for 2021 and 1EUR: 1.1413 USD, 1EUR: 0.8892 GBP, 1EUR: 4.4432 PLN respectively for 2020.

* Variation at fixed foreign money is computed utilizing the fourth quarter of 2020 charges utilized to the fourth quarter of 2021 income.

Highlights for the Fourth Quarter 2021

Gross Gross sales had been €1.0 billion, a rise of 31.4% 12 months over 12 months on a reported foundation, +14.1% together with Veracomp in 2020. This progress was attributable for 46% to current distributors, 31% to vendor growth, 6% to new distributors, and for 23% to acquisitions. The enterprise efficiency of the fourth quarter demonstrated our capability to mitigate the product scarcity points impacting the trade throughout our three theatres. Ignition which was acquired in July 2021 contributed for €18.0 million of Gross Gross sales within the fourth quarter 2021 and Networks Limitless acquired in December 2021 for €7.1 million.

For the fourth quarter 2021, distributors renewal charges² got here in at 110% (113% for full 12 months 2021) and clients renewal charges¹ got here in at 106% (112% for full 12 months 2021), which testify the engagement of our channel companions.

EMEA: Gross Gross sales had been €817.9 million, a rise of 30.6% 12 months over 12 months on a reported foundation, +9.5% together with Veracomp in 2020. The sturdy market dynamism publish pandemic and the sustained enterprise momentum continued to drive progress, in addition to the growth of F5 and Netskope to some new territories. The sturdy order consumption along with our proximity and suppleness with each distributors and companions helped overcome the availability points on some product classes.

AMERICAS: Gross Gross sales had been €122.3 million, a rise of 77.4% 12 months over 12 months. The accelerated progress was generated by the investments made earlier through the 12 months which helped to seize the extraordinary demand for cybersecurity options, a big greater variety of giant contracts and the addition of Juniper and Docker to our current portfolio within the Americas.

APAC: Gross Gross sales had been €98.0 million, a rise of three.6% 12 months over 12 months supported by a sustained demand and impacted by persistent product shortages and delayed deliveries throughout a number of distributors and partial lockdowns nonetheless affecting a number of nations within the area.

* Variation at fixed foreign money is computed utilizing FY 2020 charges utilized to FY 2021 Gross Gross sales. The USD, GBP and PLN developed as follows; 1EUR: 1.1835 USD; 1EUR: 0.8600 GBP, 1EUR: 4.5650 PLN respectively for 2021 and 1EUR: 1.1413 USD, 1EUR: 0.8892 GBP, 1EUR: 4.4432 PLN respectively for 2020.

SIGNIFICANT EVENTS SINCE 31 DECEMBER 2021

On 17 January 2022, Unique Networks introduced a serious partnership with Guardia Cybersecurity Faculty (Quest Schooling Group), to deal with the escalating cybersecurity abilities scarcity. Launching in September 2022, Guardia Cybersecurity Faculty will change into the primary IT college fully devoted to cybersecurity in France. With two campuses primarily based in Lyon and Paris, the Faculty will open its doorways to college students in September 2022. This unique partnership reaffirms Unique Networks place as a world cybersecurity specialist and its dedication to growing the following technology of cybersecurity expertise via this new cybersecurity training establishment.

OUTLOOK

Jesper Trolle declared: “The worldwide atmosphere is characterised by a rising consciousness about digital threats and rising demand for cybersecurity options, all of which is nicely aligned with Unique Networks’ core market proposition, associate ecosystem, and enterprise aims. We foresee the sturdy momentum out there to proceed quick time period and mid-term.

We’re reconfirming our full-year 2021 profitability and medium-term targets.”

APPENDIX

CONFERENCE CALL

Jesper Trolle, Chief Govt Officer and Pierre Boccon-Liaudet, Chief Monetary Officer, will current this This fall 2021 efficiency throughout a convention name in English to be held immediately at 09:00 a.m. (CET).
You’ll be able to comply with the convention name stay through webcast on the following hyperlink: www.exclusive-networks-ir.com.
A replay can even be obtainable for a interval of 1 12 months.
All paperwork regarding this publication shall be positioned on-line on the Unique Networks Investor Relations web site at www.exclusive-networks-ir.com

Regulated data associated to this press launch and presentation is accessible on www.exclusive-networks-ir.com

PROVISIONAL CALENDAR

About Unique Networks

Unique Networks is a number one international specialist in revolutionary cybersecurity applied sciences, offering providers to speed up the sale of cybersecurity disruptive and digital infrastructure applied sciences on a world scale. Unique Networks helps cybersecurity distributors scale their companies globally, and providing channel companions (equivalent to value-added resellers, system integrators, telcos and managed service suppliers) experience, disruptive applied sciences and providers to suit the wants of their company clients. Unique Networks additionally works with a number of distributors providing options in particular sub-segments past cyber.
Unique Networks excels by combining international scale with native execution. With places of work in 43 nations and the power to service clients throughout 5 continents, Unique Networks, headquartered in France, affords a “international scale, native sale” mannequin. This mannequin enhances efficiency in native operations by offering each international and native assist. This method has enabled Unique Networks to (i) develop one of many world’s broadest portfolios of cybersecurity options from over 240 main distributors and (ii) develop a worldwide buyer base, consisting of over 18,000 VARs, SIs, Telcos and MSPs, not directly serving greater than 110,000 end-customers. Over the interval from 2018 to 2020, Unique Networks engaged in enterprise in additional than 124 nations.

Unique Networks’ method allows distributors to undertake a easy and agile go-to-market mannequin in relation to their cybersecurity and digital infrastructure options, whereas benefitting from Unique Networks’ native experience and market data in every jurisdiction the place it operates. Unique Networks’ scale is equally vital to its clients as their very own end-users could also be situated in a number of areas of the world. As well as, Unique Networks helps its clients via its experience in vendor choice as cybersecurity and digital infrastructure options change into ever extra sophisticated and preserve evolving within the face of accelerating cybersecurity threats.

DISCLAIMER

This press launch might include forward-looking statements. Such statements might embody projections, estimates, assumptions, statements relating to plans, aims, intentions and/or expectations with respect to future monetary outcomes, occasions, operations and providers and product growth, in addition to statements, relating to future efficiency or occasions. Ahead-looking statements are typically recognized by the phrases “expects”, “anticipates”, “believes”, “intends”, “estimates”, “plans”, “initiatives”, “might”, “would” “ought to” or the negatives of those phrases and related expressions. Though Unique Community’s administration at present believes that the expectations mirrored in such forward-looking statements are cheap, buyers are cautioned that forward-looking statements are topic to numerous dangers and uncertainties (together with, with out limitation, dangers recognized in Unique Networks’ Registration Doc obtainable on Unique Networks’ web site), as a result of they relate to future occasions and rely on future circumstances that will or might not happen and could also be totally different from these anticipated, a lot of that are tough to foretell and customarily past the management of Unique Networks. Precise outcomes and developments might differ materially from these expressed in, implied by or projected by forward-looking statements. Ahead-looking statements should not meant to and don’t give any assurances or consolation as to future occasions or outcomes. Apart from as required by relevant legislation, Unique Networks doesn’t undertake any obligation to replace or revise any forward-looking assertion.
This press launch doesn’t include or represent a suggestion of securities on the market or an invite or inducement to spend money on securities in France, the USA or another jurisdiction.

¹ Together with Veracomp in 2020.
² Outlined as Gross Gross sales generated in 12 months N from distributors/clients energetic in 12 months N-1 divided by Gross Gross sales from the identical distributors/clients in 12 months N-1

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Contacts

Traders & Analysts
Hacene BOUMENDJEL
Head of Investor Relations
ir@exclusive-networks.com

Media
Hadas HUGHES
VP, World Advertising and marketing & Comms
Communications_Global@exclusive-networks.com

FTI Consulting
Emily Oliver/Christina Zinck
+33 (0)1 47 03 68 18
exclusivenetworks@fticonsulting.com