Eurazeo Se · EURONEXT:RF
Eurazeo — Eurazeo Paris Ord — Q3 2022 Earnings Presentation
12 slides from Eurazeo's earnings presentation, Nov 8, 2022
Slide 1: 9M 2022 Revenues
9M 2022 REVENUES November 8, 2022
Slide 2: Double digit growth in revenues from asset management
DOUBLE DIGIT GROWTH IN REVENUES FROM 2 ASSET MANAGEMENT Management Fees (in €m) 309 243 +25% growth 79 in third party management fees 216 186 64 61 €73m 54 +22% 280 230 155 179 In performance related earnings 132 1 2018 2019 2020 2021 PF 2022 9M Q4 1 2021 figures proforma of the first integration of
Slide 3: Strong AUM growth year on year
STRONG AUM GROWTH YEAR ON YEAR 3 Total AUM, €bn Fee-paying AUM, €bn +20% 32.4 +23% 21.5 27.0 9.2 Real Assets 17.5 Balance 5.0 Sheet 7.8 Private Debt 3.6 Third +21% Private Party 23.2 Equity 15.5 19.2 13.0 9M 2021 9M 2022 9M 2021 9M 2022 9M 2022 RESULTS - 08.11.2022
Slide 4: Fundraising pace on track in a more challenging environment
FUNDRAISING PACE ON TRACK IN A MORE 4 CHALLENGING ENVIRONMENT Third party fundraising (€bn) Key developments • Successful closings in buyout 5.2 (PME IV) • Ongoing fundraising in Digital, ≈ €3bn Smart City, and Biotech 2.9 2.4 • Good momentum in Private Debt with €0.7Bn raised in 9M 1.6 3.0 2.1 • St
Slide 5: Good execution of exit program
GOOD EXECUTION OF EXIT PROGRAM 5 Exits – 9M 2022 Key developments Exits (in €bn) • €2.4bn realized exits, equivalent to 2.4 2.4 2021 • Exit program for the balance sheet Private Debt 0.7 0.6 on track for 2022 • Reden Solar, Trader Interactive 0.4 0.8 and Orolia finalized in Q3 and Vitaprotech to be
Slide 6: Selective investments
SELECTIVE INVESTMENTS 6 Selective investments in category Investments – 9M 2022 leaders and targeted sectors Exits (in €bn) 4.1 CORE SECTORS 3.8 Private debt 1.0 Healthcare 1.4 Consumer Financial Services (build-ups) 2.0 Private Equity & 1.4 Tech-enabled Business-services Real Assets Energy transiti
Slide 7: Strong performance of portfolio companies
STRONG PERFORMANCE OF PORTFOLIO COMPANIES 7 CONSOLIDATED PORTFOLIO COMPANIES GROWTH COMPANIES (not consolidated) ECONOMIC REVENUE1 REVENUE €m €m +38% 3,761 2,728 +42% 9M 2021 9M 2022 1- at constant Eurazeo scope and exchange rate 9M 2022 RESULTS - 08.11.2022
Slide 8: A robust financial structure
A ROBUST FINANCIAL STRUCTURE 8 NET CASH position end sept. 22 c.€164 m REVOLVING credit facility €1.5 bn DRY powder €4.9 bn
Slide 9: Q&A
9 Q&A 9M 2022 RESULTS - 08.11.2022
Slide 10: About us
ABOUT US 10 EURAZEO CONTACTS INVESTOR RELATIONS ANALYST COVERAGE Bank of America Philip Middleton Pierre Agathe Berenberg Christoph Greulich BERNARDIN Chanoine CM-CIC Alexandre Gérard pbernardin@eurazeo.com achanoine@eurazeo.com +33 (0)1 44 15 16 76 +33 (0)1 44 15 87 68 Degroof Petercam Joren Van Ak
Slide 11: Disclaimer
DISCLAIMER 11 CONFIDENTIALITY This presentation (the “Presentation”) has been prepared by Eurazeo. This presentation may not be distributed, published or reproduced, in full or in part, and the information contained herein must not be released by its recipients to third parties. The recipients of th
Slide 12: www.eurazeo.com
www.eurazeo.com