Equita Group Spa · MIL:EQUI
Equita Group Spa — STAR Conference 2022
18 slides from Equita Group Spa's conference presentation, Mar 22, 2022
Slide 1: FY'21 Results & Business Plan 2022-2024
FY’21 RESULTS & BUSINESS PLAN 2022-2024 INVESTORS PRESENTATION – STAR CONFERENCE 2022
Slide 2: Executive Summary
Equita, the leading independent Investment Bank in Italy EXECUTIVE SUMMARY FY’21 Record results in 2021, the best year since IPO Results Double digit growth in all areas thanks to diversification 2020-2022 2022 targets reached one year in advance, with 2021 Net Revenues +55% vs 2019 and 2021 Busines
Slide 3: Full Year 2021 Results
Equita, the leading independent Investment Bank in Italy FULL YEAR 2021 RESULTS IR EQUITA – FY’21 RESULTS & BUSINESS PLAN 2024 | 3
Slide 4: Snapshot on FY 2021 Consolidated Results
Equita, the leading independent Investment Bank in Italy SNAPSHOT ON FY 2021 CONSOLIDATED RESULTS Key Highlights Full Year Results Fourth Quarter Results Revenues Revenues Net Revenues €90.4m Breakdown 12% Breakdown 20% 29% (+33% vs FY’20) (%) (%) FY’21 45% Q4’21 43% Net Profits €21.5m 51% (+76% vs
Slide 5: Divisional Performance
Equita, the leading independent Investment Bank in Italy DIVISIONAL PERFORMANCE FY 2017-2021 Net Revenues Key Information FY’21 Market shares % in Italy 40,7 (Third parties brokerage, ASSOSIM) 31,5 33,7 30,5 29,9 +21% 22,9 (Var ’20-’21) Equities 7.6% (#4 overall / #1 independent) 21,5 21,8 20,8 21,4
Slide 6: Focus on Costs, Profitability and Dividend
Equita, the leading independent Investment Bank in Italy FOCUS ON COSTS, PROFITABILITY AND DIVIDEND Var % Var % CAGR % (€ mln) 2020 2021 20-21 (€ mln) 2019 2020 2021 20-21 19-21 Global Markets 31.5 33.7 40.7 20.7% 13.6% Personnel costs (32.3) (42.8) 32.2% % of revenues 54% 49% 45% Comp/Revenues % 47
Slide 7: Share Performance Since IPO vs Main Italian Indices
Equita, the leading independent Investment Bank in Italy SHARE PERFORMANCE SINCE IPO VS MAIN ITALIAN INDICES Since IPO the share EQUI:MI overperformed the main Italian indices in terms of Total Shareholders Return. Overperformance is significant in relative terms compared to FTSE Italia STAR (+11%),
Slide 8: Results of the 2020-2022 Business Plan (1/2)
Equita, the leading independent Investment Bank in Italy RESULTS OF THE 2020-2022 BUSINESS PLAN (1/2) Equita was able to reach one year in advance the financial targets announced in the 2020-2022 strategic plan thanks to the commitment of all professionals, the execution capabilities of the manageme
Slide 9: Results of the 2020-2022 Business Plan (2/2)
Equita, the leading independent Investment Bank in Italy RESULTS OF THE 2020-2022 BUSINESS PLAN (2/2) In November 2019, the Group also committed toward ESG and sustainability with a dedicated CSR three-year plan focussed on five pillars CSR targets Results (2020-2022) (2020 - 2021) Increasing custom
Slide 10: Business Plan 2022-2024
Equita, the leading independent Investment Bank in Italy BUSINESS PLAN 2022-2024 IR EQUITA – FY’21 RESULTS & BUSINESS PLAN 2024 | 10
Slide 11: Road to 2024: Top Priorities and Targets
Equita, the leading independent Investment Bank in Italy ROAD TO 2024: TOP PRIORITIES AND TARGETS Revenues Net Revenues > €110m in 2024E generation Financial targets to be Revenues breakdown in 2024E achieved organically as Business well as via pro-active ≈35-40% Global Markets / ≈40-45% Investment
Slide 12: Potential Risks and Key Mitigants
Equita, the leading independent Investment Bank in Italy POTENTIAL RISKS AND KEY MITIGANTS Risks Negative impacts on entrepreneurs’ confidence + Poor performance of global economy in general Recessionary Mitigants Corporates with increasing needs to execute capital markets and strategic transactions
Slide 13: Resilient and Profitable Performance
Equita, the leading independent Investment Bank in Italy RESILIENT AND PROFITABLE PERFORMANCE Since 2008, Equita has been able to significantly diversify its offer, contributing to a more resilient business model, also in difficult market frameworks (crisis of sovereign bonds, brexit, MiFid II, Covi
Slide 14: Focus on ESG Targets
Equita, the leading independent Investment Bank in Italy FOCUS ON ESG TARGETS Correctness and reliability during the relationship; increase cyber Increase customer and financial community 1 security; strengthen clients’ confidence in how the company satisfaction operates; implement sustainability in
Slide 15: 1. Revenues Generation
Equita, the leading independent Investment Bank in Italy 1. REVENUES GENERATION Global Markets & Investment Alternative Research Banking Asset Management Confirm the role as leading independent Consolidate our position as the leading Strengthen our position as one of the main broker in Italy (#1 wit
Slide 16: 2. Business Diversification 3. Discipline on Costs 4. Increase in Net Profits
Equita, the leading independent Investment Bank in Italy 2. BUSINESS DIVERSIFICATION 12% ≈35-40% Global Markets Global Markets 45% ≈40-45% Investment Banking FY’21 Investment Banking FY’24E Alt. Asset Management 43% ≈15-20% Alt. Asset Management 3. DISCIPLINE ON COSTS 4. INCREASE IN NET PROFITS Lowe
Slide 17: 5. Rewarding Shareholders Remuneration
Equita, the leading independent Investment Bank in Italy 5. REWARDING SHAREHOLDERS REMUNERATION Shareholders’ remuneration will continue to be a top priority. Over the plan, Equita targets to distribute more than €50m dividends. Such commitment is affordable considering the 2022E-2024E expected net
Slide 18: Via Turati, 9, Milano, 20121 Tel. +39 02 6204.1 info@equita.eu – www.equita.eu
Via Turati, 9, Milano, 20121 Tel. +39 02 6204.1 info@equita.eu – www.equita.eu