United Capital PLC · NSENG:UCAP
United Capital — Q3 2018 Earnings Presentation
20 slides from United Capital's earnings presentation, 2018
Slide 1: United Capital Third Quarter 2018 Presentation to Investors
United Capital THIRD QUARTER, 2018 Presentation to Investors
Slide 2: Disclaimer
Disclaimer • From time to time, United Capital Plc (“UCAP”) and its subsidiaries (“the Group”) make written and/or oral forward-looking statements, including in this presentation and in other communications. In addition, representatives of the Group may make forward-looking statements orally to anal
Slide 3: Outline
Outline Overview 3 Operating Environment 7 Financial Review 9 Appendix 14 www.unitedcapitalplcgroup.com 2
Slide 4: Overview
Overview www.unitedcapitalplcgroup.com 3
Slide 5: United Capital Plc
UNITED CAPITAL PLC 1 2 3 4 Investment Banking Asset Management Trustees Securities Debt Capital Market Securities Dealing Collective Investment Bond Trusteeship Equity Capital Market Schemes(Mutual Funds) Receiving Agent to Collective Investment New Issues Project Finance Portfolio
Slide 6: Q3 Result Highlights
Q3 RESULT HIGHLIGHTS GROSS FUNDS UNDER SHAREHOLDERS’ EARNINGS MANAGEMENT FUND N5.97 N73.15 Billion N18.15 Billion Billion Year On Year Year To Date Year To Date -2% 2% 16% Year On Year Year To Date Year To Date 4% 4% 8% OPERATING RETURNS ON RETURNS ON EXPENSES AVERAGE AVERAGE N2.30 Billion ASSETS EQ
Slide 7: Operating Environment
Operating Environment www.unitedcapitalplcgroup.com 6
Slide 8: Operating Environment
Operating Environment World Economy Nigerian Economy Economic Indicators Currency depreciation occurred in Foreign exchange inflow into the The CBN monthly CPI report emerging markets and developing economy fell by 38.34% to $6billion in showed that inflation for the month of economies due to
Slide 9: Financial Review
Financial Review www.unitedcapitalplcgroup.com 8
Slide 10: Financial Review
Financial Review Group Q3 2018 Q3 2017 Change(%) Gross Earnings 5.97 6.24 -4% Operating Income 4.85 5.48 -11% INCOME STATEMENT Other Income 1.12 0.76 47% (N’billion) Profit Before Tax 3.67 3.90 -6% Profit After Tax 3.08 3.27 -6% Group (YTD) Q3 2018 FY 2017 Change (%) Total Assets 138.70 136.60 1.54%
Slide 11: Financial Review: Gross Earnings
Financial Review Gross Earnings N'Billion CAGR 13% 5.69 6.24 5.97 4.09 To Q3 2015 Q3 2016 Q3 2017 Q3 2018 United Capital Plc, over the past 4 years grew gross earnings by 13% CAGR. Other Income grew impressively by 47% in Q3 2018 to N1.12billion when compared with N0.76billion Q3 2017. The chang
Slide 12: Financial Review: Profit Before and After Tax
Financial Review Profit Before Tax (N’billion) Profit After Tax (N'billion) CAGR 15% CAGR 17% 3.17 3.27 3.08 3.96 3.89 3.67 2.4 1.91 %% Q3 2015 Q3 2016 Q3 2017 Q3 2018 Q3 2015 Q3 2016 Q3 2017 Q3 2018 The Company grew Profit Before Tax by 15% CAGR over the past 4 years. However, comparing YoY, PBT
Slide 13: Financial Review: Profit Margin and Operating Expenses
Financial Review Profit Margin % Operating expenses (N'billion) CAGR 9% 56% 2.34 2.3 52% 51% 1.77 1.73 47% ggffffffffffffffffffff Q3 2015 Q3 2016 Q3 2017 Q3 2018 Q3 2015 Q3 2016 Q3 2017 Q3 2018 Profit margin for Q3 2018 stood at 51.64% as against 52.47% recorded in Q3 2017. This slight decline in
Slide 14: Appendix
Appendix www.unitedcapitalplcgroup.com 13
Slide 15: Continuous Growth
Continuous Growth 1 2 3 2000-2013 2014-2016 2017-2018 • Started out as UBA Global • Changed name from UBA Capital to • Over 14,500 Subscriber to various Markets, a division in UBA PLC. United Capital in December 2014. research articles. • Spun-Off UBA PLC to become • Lead Issuing House of one of the
Slide 16: Why we are the intelligent choice
Why we are the intelligent choice US$300 Million Diaspora Bond N20.32 Billion Municipality Issue by the Federal US$780 Million on the Waste Management Limited government of Nigeria NNPC/Chevron Joint Venture Bond 2017 2017 2017 Financial Adviser/Local Join Issuing House Bookrunner Joint Financial Ad
Slide 17: Why we are the intelligent choice
Why we are the intelligent choice Fee: Undisclosed. US$250 million Prepayment The Merger of Transcorp Facility US$188 million Bond Issue Ughelli and Ughelli Power 2015 2014 Plant 2015 Structuring Bank Lead Issuing House Financial Adviser 2 Billion units of United Capital US$153 million Fidelity Bank
Slide 18: It Starts With A Conversation
IT STARTS WITH A CONVERSATION. Secure your tomorrow today using comprehensive financial planning with Private Wealth Management at united Capital Speak to a United Capital Wealth Advisor United Capital Plc. Adetola: 08087186969, Damola: 07068086832 12th Floor, UBA House, 57, Marina, Lagos, Or wealth
Slide 19: Open an account: choose a product, fund, receive returns
Choose a product Receive Returns Fund the account Open an account www.unitedcapitalplcgroup.com 18
Slide 20: Contact Investor Relations
Contact Investor Relations Email: investorrelations@unitedcapitalplcgroup.com Tel:+234-1-2807596 www.unitedcapitalplcgroup.com 19