Alantra Partners Sa · BME:ALNT
Alantra Partners Sa — H1 2021 Earnings Presentation
24 slides from Alantra Partners Sa's earnings presentation, July 2021
Slide 1: 2021 H1 results presentation
2021 H1 results presentation July 2021
Slide 2: Index
Index 1. Group highlights 2. Highlights by division 3. Annex Private and Confidential 2
Slide 3: 1. Group highlights
1. Group highlights ALANTRA
Slide 4: Executive summary
Group highlights 1. Executive summary ▪ Net revenues reached €142.0 Mn (+76.1%) €142.0 Mn ▪ All business divisions performed stronger than last year, with net revenues from investment banking growing by 63.6%, credit portfolio advisory by 92.0% and alternative asset management by 127.2% Net revenues
Slide 5: Evolution of key figures
Group highlights 2. Evolution of key figures Net revenues (€Mn) Net Profit Attributable to parent (€Mn) +76.1% +127.9% Cash and cash equivalents & liquid assets (€Mn) Shareholders’ equity +7.2% 1 +6.7% and no financial leverage Private and Confidential 1) €113.7 Mn of cash and cash equivalents and €
Slide 6: Simplified consolidated P&L
Group highlights 3. Simplified consolidated P&L ▪ Net revenues reached €142.0 Mn (+76.1% YoY), driven by the growth in all business divisions Total Total ▪ Net revenues from investment banking increased by 63.6% to Group Group (€ Mn) €90.8 Mn, benefiting from a strong market momentum H1 2020 H1 2021
Slide 7: Key financials by segment
Group highlights 4. Key financials by segment H1’21 and H1’20 net revenues by segment (€Mn) H1’21 attributable net profit by segment (€Mn) Inner circle (H1 ‘20) H1’21: €142.0 Mn (Variation vs. H1’20) Outer circle (H1 ‘21) H1’20: €80.6 Mn 0% (-86.2%) (+155.9%) 17% +127.9% 1% +127.4% 16% IB AM 14% CPA
Slide 8: Balance sheet as of 30th June 2021
Group highlights 5. Balance sheet as of 30th June 2021 in € Mn 30-Jun-21 31-Mar-21 Δ% Non-current assets 251.0 248.2 1.1% Non-current financial assets 113.0 119.2 (5.3%) Investment portfolio 47.2 45.5 3.8% Liquid assets 59.2 68.2 (13.2%) Other non-current fin. assets 5.1 4.0 27.7% Other fin. assets
Slide 9: Shareholder remuneration
Group highlights 6. Shareholder remuneration Continuing the full pay out of the consolidated profit in the last three years, for 2020 the AGM approved the distribution of €0.40 per share paid in May 2021, and it is anticipated that the Board intends to distribute an additional dividend of €0.35 per
Slide 10: 2. Highlights by division
2. Highlights by division 10 ALANTRA
Slide 11: Investment Banking
IB 1. Investment Banking Strong market recognition Activity highlights corporate finance Alantra ranked #1 independent advisor to private equities and #3 independent advisor 94 c. €17 Bn 6 senior hirings reinforcing product and Deals advised in 2021 YTD2 Transacted in M&A in 2021 YTD2 in Europe by M
Slide 12: Credit Portfolio Advisory
CPA 2. Credit Portfolio Advisory Activity highlights: Dominant position in the Greek NPL market: Advisor in top-quality deals across Europe, expanding product Leading advisor of the mid-market, having advised in all the Greek specialization and diversification NPL securitizations to date and some of
Slide 13: Asset Management: Consolidated businesses
3. Asset Management AM I. Consolidated businesses Launch of new strategies Strong performance of EQMC & QMC strategies: Transition Energy (“Klima Energy Transition Fund”): ▪ First closing in May at €80.5 Mn (Target size: €150 Mn) ▪ First investment completed EQMC: ▪ Blended performance H1 2021: 23.2
Slide 14: Asset Management: Strategic partnerships
3. Asset Management AM II. Strategic partnerships Access Capital Partners1: ▪ €600+ Mn raised in H1 2021 ▪ Successful closing of 4 fund/mandates including: ▪ Final closing of Fund VIII – Buy-out (€814 Mn) ▪ First closing of ACIF Infra II (€143 Mn) MCH Investment Strategies2: ▪ €600+ Mn growth in AuM
Slide 15: Asset Management: Fee-earning assets under management
3. Asset Management AM III. Fee-earning assets under management Fee-earning assets from strategic 30th June 2021 Fee-earning AuM from consolidated businesses (€Mn) partnerships (€Mn)1 Private and Confidential 1) Strategic partnerships are asset management businesses where Alantra holds a strategic s
Slide 16: 3. Annex
3. Annex 16 ALANTRA
Slide 17: Consolidated income statement as of 30th June 2021
Annex I. Consolidated income statement as of 30th June 2021 € Thousa nd 30/06/2021 30/06/2020 % Net income Investment banking 90,783 55,499 63.6% Credit Portfolio Advisory 24,413 12,713 92.0% Asset Management 26,778 11,784 127.2% Management Fees 13,648 11,784 15.8% Success Fees 13,130 - - Others 46
Slide 18: Consolidated balance sheet as of 30th June 2021
Annex II. Consolidated balance sheet as of 30th June 2021 ASSETS LIABILITIES AND EQUITY € Thousand 30/06/2021 31/03/2021 € Thousand 30/06/2021 31/03/2021 EQUITY 315,630 307,517 EQUITY 315,630 315,630 307,517 307,517 SHAREHOLDERS EQUITY 263,698 259,162 SHAREHOLDERS EQUITY SHAREHOLDERS EQUITY 263,698
Slide 19: Consolidated H1 2021 income statement by segment
Annex III. Consolidated H1 2021 income statement by segment Corporate finance advisory & Credit portfolio advisory Asset Management Structure Portfolio Rest Consolidation adjustments capital markets Total Group Total Group 30/06/2021 30/06/2020 30/06/2021 30/06/2020 30/06/2021 30/06/2020 30/06/2021
Slide 20: Glossary (i)
Annex IV. 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 relating to tr
Slide 21: Glossary (ii)
Annex IV. 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 management
Slide 22: Glossary (iii)
Annex IV. 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 Profit and
Slide 23: 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 24: Contact
Contact Philipp Krohn Investor Relations Tel.: +34 917 458 484 investors@alantra.com I www.alantra.com Private and Confidential 24