Alantra Partners Sa · BME:ALNT
Alantra Partners Sa — 9M 2020 Earnings Presentation
21 slides from Alantra Partners Sa's earnings presentation, Oct 28, 2020
Slide 1: First 9 months 2020 results presentation
First 9 months 2020 results presentation 28th October 2020
Slide 2: First 9 months 2020 highlights
I. First 9 months 2020 highlights Net revenues were €111.9 Mn, having generated €31.3 Mn for Q3 amidst a challenging market environment ▪ Net revenues from Investment Banking reached €75.3 Mn (-14.1%), whilst global industry transaction volumes fell by -19.3%1 ▪ Net revenues from Credit Portfolio Ad
Slide 3: Key highlights of the business activity YTD
II. Key highlights of the business activity YTD Investment Banking Credit Portfolio Advisory Asset Management Acquisition of a strategic stake in Indigo Capital 80 16 (vs. 112 same (vs. 33 same ▪ Acquisition of a 49% stake in Indigo, a pan- period last year) period last year) European private debt a
Slide 4: Net revenues reached €111.9 Mn
III. Net revenues reached €111.9 Mn (+€31.3 Mn vs. H1 2020) Net revenues for the first 9 months of Net revenues by division for the first 9 Breakdown of AM revenues by type 2020 (€’000) months of 2020 (€’000) (€’000) Alantra WM Total AM fees n.a. (49.6%) Performance fees (91.9%) Total CPA (31.2%) Ma
Slide 5: Operating expenses of €92.7 Mn (-25.1%)
IV. Operating expenses of €92.7 Mn (-25.1%) Total operating expenses in the first 9 months of 2020 (€’000) Breakdown of personnel expenses (€’000) Amort. & imp. (61.5%) Variable (47.0%) Other opex (35.3%) Fixed +7.3% Personnel (17.1%) ▪ Operating expenses amounted to €92.7 Mn, decreasing by 25.1% Yo
Slide 6: Net profit attributable to the parent of €15.1 Mn
V. Net profit attributable to the parent of €15.1 Mn First 9 months of 2020 net profit breakdown1 (€’000) Evolution of the net profit attributable to the parent (€’000) ▪ Net profit attributable to the parent reached €15.1 Mn, of which €14.2 Mn corresponds to the fee business, €1.3 Mn to the portfol
Slide 7: Strong Balance sheet as of 30th September 2020
VI. Strong Balance sheet as of 30th September 2020 €’000 123,620 €36,611 – Portfolio €79,159 – Monetary fund €6,502 – Other non current financial assets €1,348 – Other financial assets ▪ €248.5 Mn of shareholders’ equity attributable to the parent and no financial leverage ▪ €160.4 Mn of cash and ca
Slide 8: Strong shareholder remuneration policy
VII. Strong shareholder remuneration policy ▪ An interim dividend on 2019 profit of 0.60 euros per share was paid on December 19th 2019 ▪ The Annual Shareholder Meeting has approved the payment of a €0.44 per share dividend1, which will be paid in November 2020. This implies the full pay out of the
Slide 9: Investment Banking highlights
VIII. Investment Banking highlights Ranked among top 5 independent advisors by Selected transactions advised YTD 2020 New senior hires Mergermarket to reinforce sector / product capabilities: Q1-Q3 2020 - European Independent Financial Advisor 2020 2020 Ranking Company name Nº of deals Value ($Bn) 1
Slide 10: Credit Portfolio Advisory highlights
IX. Credit Portfolio Advisory highlights Credit Portfolio Advisory 2020 YTD: Selected transactions advised YTD 2020 New senior hires ▪ Alantra CPA has advised 16 transactions1 in 2020 2020 2020 YTD with an aggregate volume of €16 Bn+, including: Alantra advises NBG on the signing Project Cairo - €7.
Slide 11: Asset Management highlights: Indigo Capital acquisition
X. Asset Management highlights Recent strategic developments: acquisition of a 49% stake in Indigo Capital Overview of Indigo Capital Rationale of the transaction Indigo’s growth plan Founded 20 years ago, Indigo Capital The acquisition of 49% interest in Indigo, is Alantra AM is becoming Indigo’s s
Slide 12: Asset Management highlights: Private Equity & Special Opportunities
X. Asset Management highlights Recent activity: Alantra Private Equity & Special Opportunities Private Equity Special Opportunities Alantra Private Equity has supported Salto Systems, a leading Financing of real estate company Quartiers Properties AB manufacturer of electronic access control solutio
Slide 13: Assets under Management and funds raised since inception
X. Asset Management highlights Assets under Management and funds raised since inception Funds raised since inception of European fund of funds, co- 30/09/20 fee-earning AuM from direct investments investments and secondaries (ACP) Venture Capital 62 Real Estate 162 Active Funds 821 €11.0 Bn+ Private
Slide 14: Annex
Annex 14 ALANTRA
Slide 15: Consolidated income statement first 9 months 2020
Annex I. Consolidated income statement for the first 9 months of 2020 30/09/2020 30/09/2019 % 75,263 87,657 (14.1%) 15,950 23,179 (31.2%) 19,549 38,822 (49.6%) 18,115 18,090 0.1% 1,434 17,757 (91.9%) - 2,975 - 1,186 1,000 18.6% 111,948 150,658 (25.7%) (46.4%) (71,465) (86,178) (17.1%) (50,987) (47,5
Slide 16: Consolidated balance sheet as of 30th September 2020
Annex II. Consolidated balance sheet as of 30th September 2020 ASSETS LIABILITIES AND EQUITY € Thousand 30/09/2020 30/06/2020 % € Thousand 30/09/2020 30/06/2020 % EQUITY 292,514 291,503 0.3% SHAREHOLDERS EQUITY 252,799 250,957 0.7% Capital 115,894 115,894 0.0% Share premium 111,863 111,863 0.0% Rese
Slide 17: Glossary (i)
Annex 4. Annex III. Glossary (i) Identified business segments “Business Segments” refer to each operating segment or component identified and classified as such by Alantra that (a) engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses rela
Slide 18: Glossary (ii)
Annex 4. Annex III. Glossary (ii) “Fee Business” is defined as the group or aggregate of the Investment Banking, Credit Portfolio Advisory, Asset Management and Structure segments which, as a whole, are referred to as the service provision businesses, whether those services be financial advisory or
Slide 19: Glossary (iii)
Annex 4. Annex III. Glossary (iii) “Recurring Net Profit”. The profit derived from the Group's recurring or ordinary activities, i.e., that generated by the Investment Banking, Credit Portfolio Advisory, Asset Management and Portfolio segments. ▪ Recurring Net Profit is the sum of Fee Business Net P
Slide 20: Disclaimer
Disclaimer Alantra Partners, S.A. publishes this presentation solely and exclusively for information purposes. This presentation does not constitute an offer to subscribe, buy or sell securities issued by Alantra Partners, S.A., or any other securities in any jurisdiction. Any information and foreca
Slide 21: Contact
Contact Philipp Krohn Investor Relations Tel.: +34 917 458 484 investors@alantra.com I www.alantra.com 21