Compagnie Financiere Tradition Sa · SIX:CFT

Compagnie Financiere Tradition Sa — H1 2022 Earnings Presentation

14 slides from Compagnie Financiere Tradition Sa's earnings presentation, Sep 2, 2022

  1. Slide 1: H1 2022 Results Presentation

    H1 2022 RESULTS PRESENTATION 2 SEPTEMBER 2022 Lausanne

  2. Slide 2: Key figures performance and financial position as of 30 June 2022

    Key figures performance and financial position as of 30 June 2022 CHF CHF 525m 51m Net profit – Revenue* Group share CHF CHF 69m ~786m Underlying Market operating capitalization1) profit* Compagnie Financière Tradition CHF CHF 199m 435m Net cash Shareholders’ position* equity** 2 *Adjusted basis inc

  3. Slide 3: H1 2022 performance summary

    A shift in central-bank monetary policy away from quantitative easing and ongoing rate hikes beneficial for the Group’s operations Positive revenue development trend reflected in all regions and in most products of the portfolio H1 2022 performance summary, in mCHF • Adjusted revenue of CHF 525.1m,

  4. Slide 4: Business model with strong operating leverage

    Business model with strong operating leverage Notional transacted annually in hundreds of USD trillion with low commission fee Revenue Support cost generation structure Front Office Growth cost structure Operating profit Contribution Commission only revenue driven Highly scalable support by cyclical

  5. Slide 5: From reported to adjusted revenue

    From reported to adjusted revenue Growth in both IDB and Non-IDB businesses Reported and adjusted revenue Adjusted revenue by business M CHF Joint ventures M CHF +7.3% Subsidiaries IDB (reported) +7.7% 558.0 525.1 45.2 491.0 41.2 537.7 39.0 474.5 507.5 H1 2020 H1 2021 H1 2022 512.8 483.9 452.0 Non-I

  6. Slide 6: Geographies

    Diversified revenue portfolio both in terms of geographies and asset classes Positive revenue development trend reflected in all regions Europe, Middle East, Breakdown by region in H1 2022 Africa • United Kingdom, United Asia Pacific Asia Pacific; Kingdom; • France, 27% 29% Americas • Belgium, • Jap

  7. Slide 7: Products

    Diversified revenue portfolio both in terms of geographies and asset classes Favorable market conditions in FX and interest rate products and securities and security derivatives Currencies and Securities and rates security derivatives Commodities Non-IDB Breakdown by product in H1 2022 Non IDB; 3% •

  8. Slide 8: Adjusted underlying operating profit up 21.4% to CHF 69.3m

    Adjusted underlying operating profit up 21.4% to CHF 69.3m Improved average annualized productivity to CHF 777’000 Adjusted underlying operating profit IDB headcount trend (Variation at constant rates) 2'373 2'387 2'344 margin IDB Non IDB Exceptional items 13.5% M CHF +21.4% 13.2% 75.5 11.8% 69.3 9.

  9. Slide 9: Gaitame.com: EBITDA margin continues to improve to 53% in H1 2022

    Gaitame.com : EBITDA margin continue to improve to 53% in H1 2022 Close to 575’000 clients as at 30 June 2022 Revenue trend* EBITDA trend* M CHF M CHF At current rates At constant rates (variation at constant rates) At current rates At constant rates (variation at constant rates) margin +17.5% +38.1

  10. Slide 10: Net financial result: FX gain due to movements in the Russian Ruble

    Net financial result: FX gain due to movements in the Russian Ruble Sustained performance form equity investment with profit up 40.6%, in particular Ping An Tradition in Mainland China Net profit – Group share M CHF H1 2022 H1 2021 Change Change at at current constant Interest expense on bank borrow

  11. Slide 11: Sound balance sheet with important shareholders' equity and net cash position

    Sound balance sheet with important shareholders’ equity and net cash position Marginal amount of intangible assets Assets Equity and Liabilities M CHF 30.06.2022 31.12.2021 M CHF 30.06.2022 31.12.2021 Property, Plant & Equipment 20.4 22.4 Capital 19.1 19.1 Right-of-use assets 52.3 47.3 Share premium

  12. Slide 12: Shareholders' equity of CHF 436.0m and net cash position of CHF 199m

    Shareholders’ equity of CHF 436.0m before deduction of own shares of CHF 8.1m and net cash position of CHF 199m1) Negative currency translation reserve increasing to CHF 220.5m Shareholders’ equity breakdown Net cash position trend Capital and share premium Consolidated reserves Currency translation

  13. Slide 13: CFT, a Swiss group ranked amongst the top 3 worldwide in its sector

    CFT, a Swiss group ranked amongst the top 3 worldwide in its sector Roadmap based on growth initiatives, operational performance and quality of balance sheet 1 Track record of agility to cope with market cycles and structural trends 2 Positive impact from the normalization of central banks’ policies

  14. Slide 14: Thank you

    4Tradition Thank you Global Leaders In Interdealer Broking J

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