Equita Group Spa · MIL:EQUI

Equita Group Spa — 9M 2020 Earnings Presentation

14 slides from Equita Group Spa's earnings presentation, Nov 12, 2020

  1. Slide 1: Equita Group Investor Presentation – First Nine Months 2020 Results

    November 12th, 2020 EQUITA GROUP INVESTOR PRESENTATION – FIRST NINE MONTHS 2020 RESULTS

  2. Slide 2: First Nine Months 2020 Consolidated Results

    FIRST NINE MONTHS 2020 CONSOLIDATED RESULTS KEY CONSOLIDATED HIGHLIGHTS €47.7m €8.8m 19% 27% €1.0bn (+25% vs 9M’19) (+56% vs 9M’19) (as of 30 September 2020) (as of 30 September 2020) (+8% vs H1’20/ -5% vs FY’19) Net Net Profits Total Return on Assets under Revenues (post minorities) Capital Ratio T

  3. Slide 3: Divisional Performance

    DIVISIONAL PERFORMANCE GLOBAL MARKETS NET REVENUES (€M) MARKET SHARES (%)(1) Client Sales & Trading Business Client Driven & Market Making Equity 37,1 Equities Bonds Directional Trading Options 30,6 30,5 29,9 31,6 +1% 24,8 Q3’19 9.4% 6.8% 6.6% 24,6 25,8 Q4’19 8.4% 5.6% 6.2% 24,4 20,8 21,4 21,7 (13%)

  4. Slide 4: Global Markets

    GLOBAL MARKETS NET REVENUES (€M) 37,1 Client Sales & Trading 30,6 30,5 29,9 31,6 +1% Business Client Driven & Market Making 24,8 Directional Trading 24,6 25,8 21,7 (13%) 24,4 20,8 21,4 16,1 16,9 +17% 7,5 6,5 Client-related 4,3 4,4 7,0 3,1 5,5 8,0 4,9 1,9 4,5 5,8 (0,9) 8,8 Business 3,1 5,3 3,0 2,0 2,

  5. Slide 5: Investment Banking

    INVESTMENT BANKING NET REVENUES (€M) ITALIAN LEAGUE TABLES (9M’20) (1) # IPO / Listing (1) # deals 1. Banca IMI 8 2. 7 3. Integrae SIM 7 4. Mediobanca 6 ECM 26,1 +91% 5. Intermonte 4 6. Unicredit 4 20,2 19,9 7. Goldman Sachs 4 19,6 18,2 8. UBI Banca 3 15,9 +135% 9. Banca Akros 3 10. Credit Suisse 3

  6. Slide 6: Alternative Asset Management

    ALTERNATIVE ASSET MANAGEMENT NET REVENUES (€M) ASSETS UNDER MANAGEMENT (€M) Blueglen SPAC Private Debt Portfolio Management 980 1.019 966 Management fees PM 8,6 49 39 34 100 Performance fees PM 150 200 +0% 654 100 3,7 +190% 150 3,2 3,7 3,1 358 100 880 3,1 732 2,1 2,1 251 66 681 0,8 1,1 404 0,4 251 2

  7. Slide 7: Profit & Loss and Focus on Costs

    PROFIT & LOSS AND FOCUS ON COSTS DISCIPLINED APPROACH ON COSTS AND STRONG PROFITABILITY CONFIRMED SUMMARY OF CONSOLIDATED FIGURES Profit & Loss 9M 9M Var FY Focus on Costs €m 2020 2019 % 2019 Net Revenues 47,7 38,0 25% 58,3 Equita Group (Consolidated) 9M 9M €m 2020 2019 Var. % Personnel costs (1) (2

  8. Slide 8: Balance Sheet and TCR

    BALANCE SHEET AND TCR LIGHT BALANCE SHEET AND HEALTY CAPITAL STRUCTURE, WITH TOTAL CAPITAL RATIO WELL ABOVE REQUIREMENTS Equita Group (Consolidated) 9M’20 H1’20 Q1’20 FY'19 9M'19 €m Cash & cash equivalents 0,0 0,0 0,0 0,0 0,0 Assets at FV to P&L & Equity investments 76,1 84,2 80,9 75,3 81,5 Receivab

  9. Slide 9: Outlook 2020 and Closing Remarks

    Index OUTLOOK 2020 AND CLOSING REMARKS

  10. Slide 10: Outlook 2020

    OUTLOOK 2020 POSITIVE EXPECTATIONS ON FY’20 RESULTS LED THE BOARD OF DIRECTORS TO CONSIDER A POTENTIAL DIVIDEND DISTRIBUTION OF €0.18-€0.20 PER SHARE EVIDENCES EXPECTATIONS 1 Positive 9M’20 results Positive view on Net Revenues +25% YoY 2020 full year results Net Profits +56% YoY 2 Weak brokerage vo

  11. Slide 11: Next Steps

    NEXT STEPS MANY INITIATIVES TO SUPPORT FURTHER FUTURE GROWTH IN ALL AREAS AREA INITIATIVES Further coordination of Global Markets area as a whole, with clear strategy and allocation of resources Global Further diversification of product offering as well as client base, increasing resiliency Markets

  12. Slide 12: Road to 2022: Top Priorities and Targets

    ROAD TO 2022: TOP PRIORITIES AND TARGETS (PLAN APPROVED IN NOVEMBER 2019) TOP 5 PRIORITIES KEY TARGETS FROM 2020-2022 STRATEGIC PLAN (@2022) GM €30m-34m Revenue Generation and Net Revenues 1 IB €30m-34m Diversification €75m AAM €8m-12m Cost Discipline and -500 bps in Cost/income 2 Focus on Profitabi

  13. Slide 13: Resilient and Profitable Performance Thanks to Diversification

    RESILIENT AND PROFITABLE PERFORMANCE THANKS TO DIVERSIFICATION NET REVENUES (€M) +5% CAGR ‘09-’19 in Net Revenues over the last 11 years 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Global Markets Investment Banking Alt. Asset Management NET PROFITS (€M) Always profitable, with significant

  14. Slide 14: Via Filippo Turati, 9 – Milano +39 02 6204 1 | info@equita.eu | www.equita.eu

    Via Filippo Turati, 9 – Milano +39 02 6204 1 | info@equita.eu | www.equita.eu | Global Markets | Investment Banking | Alternative Asset Management | Ricerca |

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