Lion Capital S.a. · BVB:LION
Lion Capital — H1 2024 Earnings Presentation
20 slides from Lion Capital's earnings presentation, 2024
Slide 1: Presentation of Financial Results 1H 2024
— PRESENTATION OF FINANCIAL RESULTS 1H 2024 — This presentation made available on Lion Capital’s is addressed only the shareholders for information purposes only, and should not be reproduced, copied or re-transmitted, and nothing in it should be construed as an offer, invitation or recommendation t
Slide 2: General Information
PRESENTATION OF FINANCIAL RESULTS 1H 2024 General Information CORPORATE Lion Capital S.A. (the new corporate name starting March 24, 2023, of SIF Banat-Crișana) NAME COMPANY TYPE ▪ joint stock company, Romanian legal entity ▪ established as a self-managed investment company, authorized by the Financ
Slide 3: General Information
PRESENTATION OF FINANCIAL RESULTS 1H 2024 General Information REGISTRATIONS ▪ Number in Trade Register J02/1898/1992 ▪ Tax Identification Code RO 2761040 ▪ Number in ASF AFIAA Register PJR07.1AFIAA / 020007 / 09.03.2018 ▪ Number in ASF FIAIR Register PJR09FIAIR / 020004 / 01.07.2021 ▪ Legal Entity I
Slide 4: General Information
PRESENTATION OF FINANCIAL RESULTS 1H 2024 General Information SHARE CAPITAL PART OF BVB (BSE) INDICES RON 50,751,005.60 BET-FI • BET-XT • BET-XT-TR • BET-BK • BET-XT-TRN TOTAL ISSUED SHARES ISIN CODE 507,510,056 ROSIFAACNOR2 OUTSTANDING SHARES BLOOMBERG FIGI 507,510,056 BBG000BMN388 NOMINAL VALUE/SH
Slide 5: Shareholders' Structure
PRESENTATION OF FINANCIAL RESULTS 1H 2024 Shareholders’ Structure as per holdings, as of June 30, 2024 ■ 39.07% ■ 45.35% Romanian individuals Romanian legal entities 5,736,374 (5,734,099 shareholders) (107 shareholders) shareholders ■ 1.31% ■ 14.27% non-resident individuals non-resident legal entiti
Slide 6: Lion Capital's investment strategy
PRESENTATION OF FINANCIAL RESULTS 1H 2024 Lion Capital’s investment strategy on long turn aims to maximize the performance of the portfolio to increase the value of the assets under management and the investment income The financial objective is to make use of an aggregate return of the portfolio ge
Slide 7: Financial Performance and Financial Position
PRESENTATION OF FINANCIAL RESULTS 1H 2024 FINANCIAL PERFORMANCE [RONm] 30.06.2023 31.12.2023 30.06.2024 Income 63.34 166.28 151.39 Gain / (Loss) on investment 70.95 296.85 (10.27) Expenses 10.57 27.53 12.21 Gross profit / (Loss) 123.72 435.58 128.91 Net profit / (Loss) 118.29 417.26 121.06 FINANCIAL
Slide 8: Stock and Net Asset Performance
PRESENTATION OF FINANCIAL RESULTS 1H 2024 STOCK AND NET ASSET PERFORMANCE 31.12.2023 30.06.2024 Share Price (end of period, RON) 2.5800 2.8000 NAV* / Share (RON) 8.0847 8.9913 Accounting Net Asset / Share (RON) 8.0794 9.0022 Nominal Value of Share (RON) 0.1 0.1 Issued Shares 507,510,056 507,510,056
Slide 9: Net Asset Value Progress June 2023 – June 2024
PRESENTATION OF FINANCIAL RESULTS 1H 2024 NET ASSET VALUE PROGRESS JUNE 2023 – JUNE 2024 4,563 4,323 4,407 4,400 4,281 4,095 4,134 4,177 4,000 3,811 3,841 3,872 3,607 3,654 RON milion (RONm) 3,600 3,456 3,200 2,800 2,400 2,000 Jun.'23 Jul. Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May Jun.'24 RO
Slide 10: Assets Under Management
PRESENTATION OF FINANCIAL RESULTS 1H 2024 ASSETS UNDER MANAGEMENT breakdown on classes (weight on total assets) 2% ■ listed shares ■ bank deposits + cash available 1% value RON 3,232.64m value RON 701.44m 15% 10% (31.12.2023: RON 2,944.09m) (31.12.2023: RON 408.81m) 67% 1% ■ unlisted shares ■ receiv
Slide 11: Stock Portfolio by Sector
PRESENTATION OF FINANCIAL RESULTS 1H 2024 STOCK PORTFOLIO breakdown by sector 5% 2% ■ banking - financial ■ cardboard and paper 5% 5% stakes in 11 companies, worth RON 1,901.62m stakes in 4 companies, worth RON 190.51m 5% (31.12.2023: 11 companies, worth RON 1,561.27m) (31.12.2023: 4 companies, wort
Slide 12: Stock Portfolio by Stake and Liquidity
PRESENTATION OF FINANCIAL RESULTS 1H 2024 STOCK PORTFOLIO STOCK PORTFOLIO breakdown by stake held breakdown on liquidity ■ up to 5% June 30, 2 02 4 stakes in 23 companies 12% 88% December 31 worth RON 1,823.54m (31.12.2023: RON 1,418.06m) 14% 86% ■ listed companies ■ 5-33% RON 3,232.64m (31.12.2023:
Slide 13: Top Companies in Portfolio as of June 30, 2024
PRESENTATION OF FINANCIAL RESULTS 1H 2024 TOP 10 COMPANIES IN PORTFOLIO as of June 30, 2024 % of Company (symbol) Activity Stake held Value of stake (RON)* NAV 1. Banca Transilvania (TLV) banking-financial 4.78% 1,222,568,352 26.79% 2. SIF Imobiliare Plc (SIFI) real estate 99.99% 422,693,937 9.26% 3
Slide 14: LION Price and Volume in 2024
PRESENTATION OF FINANCIAL RESULTS 1H 2024 LION PRICE AND VOLUME IN 2024 596,495 RON 2.9900 RON 2.9600 600,000 RON 2.8600 RON 2.8400 3.0000 RON 2.6100 500,000 RON 2.8000 RON 2.5500 400,000 price LION (RON) 2.0000 volume volume 300,000 LION 200,000 1.0000 165,478 153,933 112,268 83,321 90,361 100,000
Slide 15: LION vs. BET-FI Index in 2024
PRESENTATION OF FINANCIAL RESULTS 1H 2024 LION vs. BET-FI INDEX IN 2024 LION (RON) BET-FI (points) 3.1500 RON 2.9900 RON 2.9400 RON 2.8000 61,000 RON 2.8600 2.9500 RON 2.8400 RON 2.6400 RON 2.6100 RON 2.6300 2.7500 60,771.35 59,000 2.5500 59,822.83 59,272.47 59,432.11 2.3500 59,276.07 58,767.53 57,0
Slide 16: Separate Statement of Financial Position
PRESENTATION OF FINANCIAL RESULTS 1H 2024 Separate statement of financial position (extract from separate financial statements) [all amounts in RON] 31.12.2023 30.06.2024 Cash and cash equivalents, bank deposits 408,814,516 701,445,226 Financial assets at fair value through profit and loss (FVTPL) 1
Slide 17: Standalone Statement of Profit and Loss
PRESENTATION OF FINANCIAL RESULTS 1H 2024 Standalone statement of profit and loss and other comprehensive income (extract from standalone financial statements) [all amounts in RON] 30.06.2023 30.06.2024 INCOME Dividend income 56,893,964 137,040,342 Interest income 6,363,775 13,889,628 Other operatin
Slide 18: Main Lines of Action in 2024
PRESENTATION OF FINANCIAL RESULTS 1H 2024 Main lines of action in 2024 ▪ calibration of the portfolio on financial assets / instruments that benefit from an inflationary context ▪ portfolio restructuring by liquidating assets that do not fit the Fund’s investment strategy ▪ consolidation of strategi
Slide 19: Financial Calendar 2024
FINANCIAL CALENDAR 2024 February 29, 2024 Preliminary annual financial results as of December 31, 2023 April 29, 2024 OGM for the approval of the separate and the consolidated financial statements for 2023 FY April 29, 2024 Annual report and the separate and the consolidated financial statements for
Slide 20: Contact
Contact HEADQUARTERS 35A Calea Victoriei, Arad, 310158, Romania TEL +40257 304 438 FAX +40257 250 165 EMAIL office@lion-capital.ro BUCHAREST BRANCH 46-48 S. V. Rahmaninov Str., 3rd floor, sector 2, Bucharest, 020199, Romania TEL +4021 311 1647 FAX +4021 314 4487 EMAIL bucuresti@lion-capital.ro WWW.L