Evli Plc Class B · OMXHEX:EVLI
Evli Plc Class B — Shareholder Meeting (March 2023)
26 slides from Evli Plc Class B's shareholder meeting presentation, Mar 14, 2023
Slide 1: Evli Plc Annual General Meeting 2023
EVLI PLC ANNUAL GENERAL MEETING 2023 EVLI PLC 14.3.2023
Slide 2: CEO's Review
CEO’S REVIEW 14.3.2023 MAUNU LEHTIMÄKI, CEO, EVLI PLC
Slide 3: Table of content
Table of content 01 EVLI IN BRIEF 02 STRATEGY HIGHLIGHTS 03 FINANCIAL HIGHLIGHTS 04 FOCUS & OUTLOOK
Slide 4: Ambition
AMBITION “We want to be the forerunner in responsible wealth management in the Nordics, and in this way help our clients in managing their wealth to support a sustainable future”
Slide 5: Evli in brief
EVLI Q1 EVLI IN BRIEF
Slide 6: Evli in brief
EVLI IN BRIEF FOUNDED IN LISTED ON NASDAQ HELSINKI MAIN Evli in brief LIST We see wealth as an engine to drive progress. 1985 2015 We draw on our heritage, broad expertise and Nordic values to grow and manage wealth for SALES IN NUMBER OF COUNTRIES ASSETS UNDER MANAGEMENT EUR institutions, corporati
Slide 7: Asset Management and Funds at the core
EVLI IN BRIEF 7 Asset Management and EVLI’S BUSINESS MODEL Funds at the core CHARACTERISTICS Capital Scalability Markets Growing AUM and management fees without significant increases on costs. Private Corporate Rolling out higher-margin products Banking Finance UCITS Funds ___ Business positioning A
Slide 8: Finland's leading asset manager
EVLI IN BRIEF 8 Finland’s leading asset manager Finland’s best fund management Investment company 20231 products Top-positions 10 years in a row in Wealth institutional asset management survey2 Management Finland’s most widely used institutional asset manager2 Rewarding and Incentive Plans Finland's
Slide 9: Strategy Highlights
EVLI 02 STRATEGY HIGHLIGHTS
Slide 10: 2022 Highlights – Year of transformation
STRATEGY HIGHLIGHTS 2022 Highlights – Year of transformation Evli’s profitability Net revenue EUR Operating profit Recurring revenue Financial impacted by one- 96.1 million EUR 30.9 million at 123% (135%) Performance off items related (EUR 116.2 million) (EUR 56.6 million) to restructuring Partial d
Slide 11: Development of Assets Under Management
STRATEGY HIGHLIGHTS Development of Assets Under Management Development of Assets under management, Split of Assets under management 2022 (bn. €) (bn. €) 17.5 2.1 16.0 14.3 14.1 5.5 11.4 2.4 6.0 2018 2019 2020 2021 2022 Asset Management Mutual funds (Direct) 8.9% Alternative funds Other asset compoun
Slide 12: Continued growth of Alternative Products
STRATEGY HIGHLIGHTS Continued growth of Alternative Products 2022 Fundraising to alternatives almost EUR 500 million Development of Assets under management in Assets under management in alternative funds alternative funds (bn. €) (bn. €) 2.4 18% 34% 9% 1.6 1.1 39% 0.9 0.3 Real Estate Private Equity
Slide 13: Disappointing year for International Sales
STRATEGY HIGHLIGHTS Disappointing year for International Sales Development of international sales 2018-2022 3500 -Difficult market 3000 leading to decreased asset values and 2500 increased redemptions 2000 -Client specific 1500 reorganization in one country leading to 1000 significant 500 redemption
Slide 14: Mixed performance in Advisory Services
STRATEGY HIGHLIGHTS Mixed performance in Advisory Services Corporate Finance advisory fees decreased to EUR 5.8 million (EUR 11.7 million) –Slowdown in client activity due to market uncertainty –Acted as advisor in 19 transactions (2021: 30 transactions) –Mandate base on a good level at year end Rev
Slide 15: Financial Highlights
EVLI 03 FINANCIAL HIGHLIGHTS
Slide 16: Revenue Development
FINANCIAL HIGHLIGHTS Revenue Development Development of commissions 2022 vs. 2021 Traditional funds 40.5 44.2 Alternative funds 19.2 12.3 Fund performance 0.6 fees 8.2 Brokerage 8.9 11.7 Asset 6.6 Management(AM) 7.3 AM performance 0.0 fees 7.7 Advisory fees 5.8 11.8 12/2022 Incentive 10.4 management
Slide 17: Development of Operative Segments
FINANCIAL HIGHLIGHTS Development of Operative Segments Wealth Management & Investor Clients Advisory & Corporate Clients – Net revenues decreased to EUR 75.7 million – Net revenues decreased to EUR 16.4 million (EUR 91.4 million) (EUR 20.2 million) – Operating profit decreased to EUR 27.4 million –
Slide 18: Financial development 2018–2022
FINANCIAL HIGHLIGHTS Financial development 2018–2022 Net Revenue (M€) Operating profit (M€) and Profit margin (%) Net profit (M€) Dividend & Earnings/share 56.6 (€) 45.5 116.2 45.9% 1.47 96.1 40.3% 36.7% 1.15 80.1 74.9 32.3 25.5 25.1 69.7 34.0% 30.9 0.88 25.6 25.5 20.6 20.2 0.8 32.2% 0.66 0.71 1.06
Slide 19: Consolidated Comprehensive Income Statement
FINANCIAL HIGHLIGHTS Consolidated Comprehensive Income Statement EVLI PLC, PARENT EVLI GROUP COMPANY Carve-out M€ 1-12/2022 1-12/2021 1-12/2022 Fee and commission income 95.4 114.4 25.7 Net income from securities transactions 3.7 3.7 4.3 Income from equity investments 0.0 0.0 0.2 Interest income 1.6
Slide 20: Balance Sheet
FINANCIAL HIGHLIGHTS Balance Sheet EVLI PLC, EVLI PLC, PARENT PARENT EVLI GROUP COMPANY EVLI GROUP COMPANY ASSETS, M€ 31.12.2022 31.12.2021 31.12.2022 LIABILITIES, M€ 31.12.2022 31.12.2021 31.12.2022 Liabilities to credit institutions and central Cash and equivalents 0.0 0.0 0.0 banks 0.0 8.6 0.0 Cl
Slide 21: Focus & Outlook
EVLI 04 FOCUS & OUTLOOK
Slide 22: Focus for 2023
FOCUS & OUTLOOK Focus for 2023 1. Operational efficiency – One Evli (finalizing integration of EAB) – Fine tuning of processes – System upgrades and improvements 2. Customer acquisition and cross sales – Domestic HNWI, Institutional and Corporates – Nordic and Europe 3. Fund sales – Continued alte
Slide 23: Outlook for 2023
FOCUS & OUTLOOK Outlook for 2023 CURRENT YEAR TARGET: Evli has managed to strengthen its market position as a result of the corporate transactions made during 2022. With synergies from the arrangements and the non-recurring costs allocated to 2022, we expect the operating result to be well above the
Slide 24: Thank you
EVLI THANK YOU >
Slide 25: Contact information
Twitter – Evli Funds Facebook – Evli Funds LinkedIn – Evli Funds evli.com Evli Plc | Aleksanterinkatu 19 | P.O. Box 1081 | FI-00101 Helsinki, Finland | Tel. +358 (0)9 476 690 | evli.com CONTACT INFORMATION
Slide 26: Disclaimer
Discailmer Yllä esitetyt tiedot eivät ole sijoitussuosituksia, Julkaisu perustuu lähteisiin, joita Evli Oyj pitää luotettavina. Evli Oyj tai sen työntekijät eivät takaa katsauksessa annettujen tietojen, mielipiteiden, arvioiden tai ennusteiden oikeellisuutta, tarkkuutta tai täydellisyyttä, eivätkä v