Eq Oyj · OMXHEX:EQV1V

Eq Oyj — Evli investor's lunch 12 Sep 2018

25 slides from Eq Oyj's conference presentation, Sep 12, 2018

  1. Slide 1: eQ Group - 12 September 2018

    eQ Group - 12 September 2018

  2. Slide 2: Full service asset manager and corporate finance advisor

    eQ Full service asset manager and corporate finance advisor Asset Management Corporate Finance Investments Oma sijoitustoimint Full service asset manager Advium From own balance sheet  Full range of mutual funds  Mergers and acquisitions  Investments in 13 private equity  Private equity  Large

  3. Slide 3: eQ Group – Rolling 12 months

    eQ Group – Rolling 12 months Net revenue development, rolling 12 months (€’m) Operating profit development, rolling 12 months (€’m) 45,0 42.3 40.7 40.9 20.9 40,0 23,0 20.3 36.0 20.1 35.8 35.0 35.4 35.4 33.4 33.9 17.0 35,0 16.4 16.8 15.7 16.2 30.5 18,0 29.8 14.8 15.0 30,0 28.3 13.2 12.9 26.5 11.7 24.

  4. Slide 4: Asset Management

    Asset Management

  5. Slide 5: eQ Asset Management – Full service asset manager

    eQ Asset Management – Full service asset manager eQ Asset Management offers versatile and innovative asset management services to both institutions and individuals Services Customers  Wide selection of asset management services from single  Institutions fund to discretionary mandates  High-net-wo

  6. Slide 6: SFR research 2017

    SFR research 2017 Most used institutional asset managers Asset management ratings in quality Evli 59% eQ 3,86 eQ 55% Evli 3,85 Nordea 54% Aktia 3,77 OP 54% Mandatum Life 3,77 SEB 49% Danske Capital 3,73 Danske Capital 48% LähiTapiola 3,73 Aktia 36% Taaleri 3,68 Mandatum Life 29% KJK Capital 3,67 Fon

  7. Slide 7: Asset Management – Rolling 12 months

    Asset Management – Rolling 12 months Net revenue development, rolling 12 months (€’m) Operating profit development, rolling 12 months (€’m) 18.8 35.4 18.0 18.3 33.9 34.4 15.7 30.5 14.9 29.6 27.5 13.4 25.6 24.2 12.0 22.5 22.7 11.1 21.7 20.8 10.0 19.7 20.2 9.6 9.9 17.6 9.0 16.7 8.5 8.6 15.5 7.1 13.6 1

  8. Slide 8: Asset Management – Income statement

    Asset Management – Income statement EUR million 1-6/2018 1-6/2017 Change % 1-12/2017 NET REVENUE 17.5 16.0 9% 33.9 Personnel expenses -6.9 -6.3 11% -12.6 Other administrative expenses -0.8 -0.8 3% -1.7 Depreciation -0.1 -0.1 -37% -0.2 Other operating expenses -0.7 -0.7 5% -1.3 OPERATING PROFIT 9.0 8

  9. Slide 9: Asset Management – Fee income and Aum

    Asset Management – Fee income and Aum EUR million 1-6/2018 1-6/2017 Change % 1-12/2017 Management fees – Traditional AM 4.5 4.4 4% 8.9 Management fees – Real-estate and PE 11.7 8.5 37% 18.4 Other fees 0.2 0.5 -58% 0.6 Performance based fees 1.3 2.8 -54% 6.4 TOTAL 17.7 16.2 10% 34.3 Assets under mana

  10. Slide 10: Asset Management – Mutual funds

    Asset Management – Mutual funds Gros returns 29 June 2018 Since the beginning of the year 12 months 3 years p.a. Morning- Fund Return* Comparison Diff. Return* Comparison Diff. Return* Comparison Diff. star Fixed income funds eQ Money Market -0,11 % -0,15 % 0,06 % no rating eQ Euro Floating Rate -0,

  11. Slide 11: Asset Management – eQ Real Estate funds

    Asset Management – eQ Real Estate funds eQ Care eQ Finnish Real Estate  Invests in modern care properties  Invests in commercial real estate  Well-diversified portfolio  Currently 33 properties in the investment portfolio – 159 properties – Focus on mainly office and retail properties – Investme

  12. Slide 12: Asset Management – Private Equity

    Asset Management – Private Equity Private Equity - Fund of funds Founded Fund Size Stage Investors 2018 eQ PE SF II €98m Investing, 3rd close 20 2018 eQ PE X North €141m Investing, 3rd close 75 FoF 2017 eQ PE SF €138m Fully invested 10 €1.3 Bn 2017 eQ PE IX US $105m Investing 52 2016 eQ PE VIII Nort

  13. Slide 13: Corporate Finance

    Corporate Finance

  14. Slide 14: Corporate Finance

    Corporate Finance Advium Corporate Finance  Leading Finnish Corporate Finance advisor  Completed over 180 transactions for a value of more than 13 billion euro  14 professionals with experience from Corporate Finance, Private Equity and Real Estate transactions Mergers & acquisitions Real estate

  15. Slide 15: Corporate Finance – Select M&A References

    Corporate Finance – Select M&A References 15

  16. Slide 16: Corporate Finance – Select Real Estate References

    Corporate Finance – Select Real Estate References Sale of Forum block 16

  17. Slide 17: Corporate Finance – Key figures

    Corporate Finance – Key figures Net revenue development, rolling 12 months (€’m) Operating profit development, rolling 12 months (€’m) 9.7 5.0 9.1 9.1 4.6 4.5 7.9 3.7 6.8 6.9 7.0 3.4 6.3 6.2 3.2 3.3 5.9 2.9 5.2 2.7 2.6 2.2 4.5 4.2 4.4 4.6 3.8 2.0 1.8 3.0 1.5 1.6 1.4 1.4 1.4 2.1 0.9 0.4 EUR million 1

  18. Slide 18: Investments

    Investments

  19. Slide 19: Investments – Key figures

    Investments – Key figures EUR million 1-6/2018 2017 2016 Returned capital (excl. profit) 1.6 3.3 4.3 Distribution of profits 1.0 1.7 2.5 Capital calls -0.9 -3.2 -2.4 Net cash flow 1.7 1.9 4.4 Market value 18.4 18.8 19.2 Share of eQ-managed fund of funds 80% 76% 69% Investment commitments 8.6 8.9 11.

  20. Slide 20: eQ’s share

    eQ’s share

  21. Slide 21: Shareholders 30 June 2018

    Shareholders 30 June 2018 Shareholder Shares % of shares The number of shareholders 1 Fennogens Investments S.A. 7 943 137 21.07 6 000 2 Chilla Capital S.A. 5 945 275 15.77 3 Anchor Oy Ab 5 803 677 15.39 5 000 4 Teamet Oy 4 100 000 10.87 5 Oy Cevante Ab 1 419 063 3.76 4 000 6 Fazer Jan Peter 1 288 3

  22. Slide 22: Share price development

    Share price development 10,00 9,00 8,00 7,00 6,00 5,00 eQ Plc 4,00 OMXH 3,00 2,00 1,00 0,00  The Market value of eQ Plc was 342.4 million euro on 7 September 2018 22

  23. Slide 23: Dividend policy and history

    Dividend policy and history eQ Plc aims at distributing the profit for the financial year as dividend. In addition to the dividend, eQ Plc may repay equity to its shareholders from the reserve for invested unrestricted equity. The equity repayment can be paid from the net cash flows of the capital r

  24. Slide 24: eQ Group – Latest key figures

    eQ Group – Latest key figures EUR million 1-6/2018 1-6/2017 Change% 1-12/2017 Net revenue 20.4 18.8 9% 40.7 Operating profit 9.5 8.7 9% 20.1 Profit for the period 7.5 6.9 10% 15.9 Earnings per share (EUR) 0.20 0.19 8% 0.43 Cost income -ratio, % 53.5 53.6 0% 50.5 Liquid assets 9.2 5.3 75% 24.7 Invest

  25. Slide 25: eQ Group – Balance sheet - 30 June 2018

    eQ Group – Balance sheet - 30 June 2018 ASSETS LIABILITIES AND EQUITY (EUR million) 6/2018 12/2017 (EUR million) 6/2018 12/2017 Liquid assets 0.0 0.0 Other liabilities 3.7 3.9 Claims on credit institutions 7.7 14.6 Accruals and deferred income 6.5 9.1 Income tax liabilities 0.3 0.8 Financial assets

eQ Group — Evli investor's lunch 12 Sep 2018 on 6ix