Alantra Partners Sa · BME:ALNT
Alantra Partners Sa — Q1 2024 Earnings Presentation
19 slides from Alantra Partners Sa's earnings presentation, April 2024
Slide 1: 2024 Q1 results presentation
2024 Q1 results presentation April 2024
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 ▪ The Group’s Q1 net revenues increased by 11.3% YoY, up to €36.1mn, mainly driven by a 15.7% revenue €36.1mn growth in Alantra’s financial advisory1 businesses, reaching €28.6m. Asset Management revenues remained flat at €7.2mn (+0.4% YoY) Net revenues (+11.3%
Slide 5: Evolution of key figures
Group highlights 2. Evolution of key figures Net revenues (€Mn) Net Profit Attributable to parent (€Mn) +11.3% +14.6% Cash and cash equivalents & liquid assets (€Mn) Shareholders’ equity (€Mn) -13.0% +0.4% 1 and no financial leverage Private and Confidential 1) €87.6mn of cash and cash equivalents a
Slide 6: Simplified consolidated P&L
Group highlights 3. Simplified consolidated P&L Total Total Group Group (€ Mn) Q1 2023 Q1 2024 Δ YoY (%) Financial Advisory 24.7 28.6 15.7% ▪ The Group’s Q1 net revenues increased by 11.3% YoY, up Investment Banking 19.4 17.6 (9.1%) to €36.1mn, mainly driven by a 15.7% revenue growth in Financial In
Slide 7: Key financials by segment
Group highlights 4. Key financials by segment Q1’24 and Q1’23 net revenues by segment (€Mn) Q1’24 attributable net profit by segment (€Mn) Inner circle (Q1 ‘23) Q1’24: €36.1mn (Variation vs. Q1’23) Outer circle (Q1 ‘24) Q1’23: €32.5mn 1% 20% 2% Financial (-72.1%) 22% Advisory1 AM (+14.6%) (+572.7%)
Slide 8: Balance sheet as of 31st March 2024
Group highlights 5. Balance sheet as of 31st March 2024 in € Mn 31-Mar-24 31-Dec-23 Δ% Non-current assets 316.6 315.2 0.4% Non-current financial assets 128.8 126.0 2.2% At a fair value with changes in proft 33.4 33.2 0.6% At a fair value with changes in other comprehensive income 81.8 80.1 2.1% At a
Slide 9: 2. Highlights by division
2. Highlights by division ALANTRA
Slide 10: Financial Advisory: highlights
IB 1. Financial Advisory: highlights Activity highlights Selected transactions advised in Q1 2024 2024 2024 2024 35 c.€1.5 Bn €1.9 Bn Deals advised in Transacted in M&A in Transacted in FIG in 2024 YTD1 2024 YTD1 2024 YTD1 (+3% vs. 2023YTD) (-21% vs. 2023YTD) (-61% vs. 2023YTD) SFABS – Sell-side Buy
Slide 11: Asset Management: highlights
AM 2. Asset Management: highlights Solar ▪ Banca March commits €50mn to Alantra Solar’s 1.8 GW photovoltaic vehicle through March SolEnergy +2.8% c. 10.7% EQMC Blended performance Net IRR since Private Debt in Q1 2024 inception1 ▪ Alantra partners with private investor Ion Ion to develop its pan- Eu
Slide 12: 3. Annex
3. Annex 12 ALANTRA
Slide 13: Consolidated income statement as of 31st March 2024
Annex I. Consolidated income statement as of 31st March 2024 Thousands of Euros 3/31/2024 3/31/2023 var. % Net Income Financial Advisory 28,613 24,722 15.7% Investment Banking 17,634 19,397 (9.1%) Financial Intitutions Group 10,979 5,325 106.2% Asset management 7,214 7,186 0.4% Management fees 7,214
Slide 14: Consolidated balance sheet as of 31st March 2024
Annex II. Consolidated balance sheet as of 31st March 2024 ASSETS LIABILITIES AND EQUITY Thousands of Euros 31/3/2024 31/12/2023 Thousands of Euros 31/3/2024 31/12/2023 EQUITY 360,164 361,620 EQUITY ATTRIBUTABLE TO THE PARENT ENTITY 283,471 282,372 SHAREHOLDERS EQUITY 272,046 271,347 NON-CURRENT ASS
Slide 15: Glossary (i)
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 relating to t
Slide 16: Glossary (ii)
Annex III. Glossary (ii) “Fee Business” is defined as the group or aggregate of the Investment Banking, Financial Institutions Group, Asset Management and Structure segments which, as a whole, are referred to as the service provision businesses, whether those services be financial advisory or manage
Slide 17: Glossary (iii)
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, Financial Institutions Group, Asset Management and Portfolio segments. ▪ Recurring Net Profit is the sum of Fee Business Net Profit
Slide 18: 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 19: Contact
Contact Yago Sánchez-Reig & Dionisio Romero Investor Relations Tel.: +34 917 458 484 investors@alantra.com I www.alantra.com Private and Confidential 19