Gielda Papierow Wartosciowych W Warszawie S.a. · GPW:GPW
Gielda Papierow Wartosciowych W Warszawie — Giełda Papierów Wartościowych w Warszawie S.A. (GPW) — Investor Day (May 2023)
24 slides from Gielda Papierow Wartosciowych W Warszawie's investor day presentation, May 25, 2023
Slide 1: GPW Group Strategy 2023 - 2027
Warsaw, 25 May 2023 GPW Group Strategy 2023 - 2027 GPW – the Warsaw Stock Exchange
Slide 2: Where Are We?
Where Are We? 2 | GPW – the Warsaw Stock Exchange
Slide 3: Where Are We?
Where Are We? GPW Group after implementation of #GPW2022 Strategy First developed capital market in CEE Over 50% share in Three Seas stock exchanges’ turnover 90%+ share in turnover in Polish stocks Five commercial technology solutions GPW Benchmark – pillar of Poland’s financial market Development
Slide 4: GPW Group operating in a very competitive market environment
Where Are We? GPW Group operating in a very competitive market environment Limited potential of the Polish market: relatively few large companies, large share of companies controlled by MNCs Turnover concentrated on large markets MTFs Regulatory challenges Macro environment (due to OFE carve up, CTP
Slide 5: Global stock exchanges entering new business segments
Where Are We? Global stock exchanges entering new business segments For more than a decade, the number of domestic ...while market capitalisation to GDP has been rising listed companies has been shrinking... sharply Number of domestic companies listed on developed Capitalisation of domestic listed c
Slide 6: Global stock exchanges entering new business segments
Where Are We? Global stock exchanges entering new business segments Share in revenue1 [% share] Value-added services (data, technology) Core products (equities, bonds, derivatives, commodities) 100 20% 16% 27% 25% 31% 29% 37% 36% 80 42% 72% 60 40 80% 84% 71% 73% 75% 69% 63% 64% 58% 20 28% 0 LSE NYSE
Slide 7: New era of GPW Group's development is…
Where Are We? New era of GPW Group’s development is… One of the sources of funding ESG transparency leader for companies in many sectors on the Polish of Poland’s economy capital market Investment platform Financial and commodity to multiply market data provider Poles’ savings Digital platform suppo
Slide 8: Investors
Initiatives for Investors 8 | GPW – the Warsaw Stock Exchange
Slide 9: Financial and commodity markets
Initiatives for Investors Financial and commodity markets EQUITIES – leader of trading in Polish stocks BONDS – new platform for institutional investors DERIVATIVES – development of instruments on the commodity and financial markets NEW PRODUCTS – on the markets we are developing: GlobalConnect, ETF
Slide 10: Data as a source of recurrent revenue
Initiatives for Investors Data as a source of recurrent revenue Structured iXBRL company reports Dedicated products for traders ESG reporting and sustainable finance indices Alternative data 10 | GPW – the Warsaw Stock Exchange 1: Where Are We? | 2: Initiatives for Investors | 3: Initiatives for Iss
Slide 11: Comprehensive technology solutions
Initiatives for Investors Comprehensive technology solutions GPW WATS – GPW’s proprietary trading system TCA Tool – application for micro and macro market analysis GPW Cloud – space for clients GPW STORK – superior detection of market abuse 11 | GPW – the Warsaw Stock Exchange 1: Where Are We? | 2:
Slide 12: GPW's new markets
Initiatives for Investors GPW’s new markets Tokenised non-financial assets market GPW crowdfunding platform Warsaw Integrated Digital Exchange Support for systemic change on the financial market 12 | GPW – the Warsaw Stock Exchange 1: Where Are We? | 2: Initiatives for Investors | 3: Initiatives for
Slide 13: Issuers
Initiatives for Issuers 13 | GPW – the Warsaw Stock Exchange
Slide 14: Expanding the offer of corporate solutions
Initiatives for Issuers Expanding the offer of corporate solutions Support in ESG reporting Support in investor relations GRC by GPW Tech – automated corporate management system 14 | GPW – the Warsaw Stock Exchange 1: Where Are We? | 2: Initiatives for Investors | 3: Initiatives for Issuers | 4: Fin
Slide 15: GPW Group's top standards
Initiatives for Issuers GPW Group’s top standards GPW Group ESG Strategy 2025 GRC by GPW Tech (governance, risk, compliance): “Together for Sustainable Development” a tool for process, risk and controls management 15 | GPW – the Warsaw Stock Exchange 1: Where Are We? | 2: Initiatives for Investors |
Slide 16: Knowledge Exchange Forum
Initiatives for Issuers Knowledge Exchange Forum The Knowledge Exchange Forum will serve as a complement to the existing knowledge transfer infrastructure for participants of the Polish capital market. GPW Group Chamber of Brokerage Ministry of Finance Houses Polish Financial Chamber of Fund and Ass
Slide 17: Financial Ambitions
Financial Ambitions 17 | GPW – the Warsaw Stock Exchange
Slide 18: GPW Group's key financial goals
Financial Ambitions GPW Group’s key financial goals Aggregate increase in revenue in 2027 vs. 2023 at According to the strategy, EBITDA margin will grow sharply PLN 157 mn, including PLN 101 mn from new strategic initiatives to 50% within the strategy time horizon Among the strategic initiatives, th
Slide 19: GPW's revenue mix
Financial Ambitions GPW’s revenue mix Expected GPW average annual revenue 2023-2027 [PLN mn] New strategy: 51 10% Old strategy: 50 10% Business as usual: 397 80% 19 | GPW – the Warsaw Stock Exchange 1: Where Are We? | 2: Initiatives for Investors | 3: Initiatives for Issuers | 4: Financial Ambitions
Slide 20: Growth in recurrent revenue
Financial Ambitions Growth in recurrent revenue Share1 of recurrent revenue in total revenue (sale of data products, incl. ESG and IR, and technology products) [2022, % of total revenue] 100 90 70 50 +14pp 65-70% 30 35-40% 35-40% 35-40% 40% 26% 25-30% 25-30% 25-30% 25-30% 30-35% 10 0 GPW 2022 Eurone
Slide 21: Key goals of GPW's dividend policy 2023-2027
Financial Ambitions Key goals of GPW’s dividend policy 2023-2027 The new strategy provides Dividend payment at GPW Group expects Potential M&As or their absence for continuation of the 60-80% of consolidated to keep up its may impact the dividend existing dividend policy net profit acquisition poten
Slide 22: GPW Group's operating efficiency
Financial Ambitions GPW Group’s operating efficiency Improved operating efficiency of GPW Group 7 new initiatives Expected implementation of a cost savings programme Replacement of IT system, implementation of new tools, automation and robotisation, process management, new work organisation after ro
Slide 23: Thank you
Thank you Strong improvement of GPW’s earnings GPW’s average profits [PLN’000] 80 000 0 000 153 577 40 000 +32.5% 20 000 115 931 00 000 80 000 0 000 40 000 20 000 0 Average Średni zyskprofit 2011-2016 z okresu 20 - Average Średni zyskprofit 2017-2022 z okresu 20 -22 23 | GPW – the Warsaw Stock Excha
Slide 24: GPW Group Strategy 2023 - 2027
Warsaw, 25 May 2023 GPW Group Strategy 2023 - 2027 GPW – the Warsaw Stock Exchange
Giełda Papierów Wartościowych w Warszawie S.A. (GPW) — Investor Day (May 2023) on 6ix