Compagnie Financiere Tradition Sa · SIX:CFT

Compagnie Financiere Tradition Sa — H1 2021 Earnings Presentation

13 slides from Compagnie Financiere Tradition Sa's earnings presentation, Aug 27, 2021

  1. Slide 1: H1 2021 Results

    H1 2021 Results 27 August 2021

  2. Slide 2: Key figures performance and financial position as of 30 June 2021

    Key figures performance and financial position as of 30 June 2021 CHF CHF 491m 36m Net profit – Revenue* Group share CHF CHF 58m ~841m Underlying Market operating capitalization1) profit* Compagnie Financière Tradition CHF CHF 209m 441m Net cash Shareholders’ position* equity** 2 *Adjusted basis inc

  3. Slide 3: H1 2021 performance summary

    Normalization of activities in H1 2021 compared to the exceptional volume of activity in part of H1 2020; Net income Group share of 35.5m, up 11.5% compared to H1 2019 H1 2021 performance summary, in mCHF • Reported figures negatively impacted from CHF -9.9% -9.9% -20.3% -21.6% -16.2% -21.1% -24.4%

  4. Slide 4: Revenue overview

    Revenue overview Global and diverse product offering Group adjusted revenue Adjusted revenue by business -9.9% M CHF IDB H1 2019 H1 2020 H1 2021 M CHF Non-IDB 558.0 -9.8% Joint ventures 520.5 491.0 45.2 501.0 537.7 -13.8% 46.2 39.0 474.5 Subsidiaries 19.5 20.3 (reported) 16.5 474.3 512.8 452.0 H1 20

  5. Slide 5: Geographies

    Diversified revenue portfolio both in terms of geographies and asset classes Breakdown by region in H1 2021 United Europe, Middle East, Asia Pacific; Kingdom; 28% 31% Africa • United Kingdom, • France, Asia Pacific Americas • Belgium, • Japan, Geographies • Germany, • China Mainland (JV • USA, with

  6. Slide 6: Products

    Diversified revenue portfolio both in terms of geographies and asset classes Breakdown by product in H1 2021 Non IDB; 3% Currencies and Securities and Commodities; IDB: 97% rates security derivatives Commodities Non-IDB 21% • Interest rate • Government • Oil • Gaitame.com – derivatives bonds • Elect

  7. Slide 7: Adjusted underlying operating profit down 20.3% to CHF 58.1m

    Adjusted underlying operating profit down 20.3% to CHF 58.1m Adjusted underlying operating profit IDB headcount trend (Variation at constant rates) 2'373 2'396 2'260 2'282 margin Exceptional 2'168 -20.3% M CHF 13.5% items 11.0% 75.5 11.8% Non IDB 9.8 1'507 1'534 1'608 1'616 57.4 58.1 1'439 IDB 8.5 7

  8. Slide 8: Gaitame.com: EBITDA margin remained high at 46% in H1 2021

    Gaitame.com : EBITDA margin remained high at 46% in H1 2021 after a record year in 2020 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 -26.8% -15.6% 53% 48% 46% 43% 39.0

  9. Slide 9: Net financial result improved; effective tax rate of 26%

    Net financial result improved from lower interest costs and FX impacts; Effective tax rate of 26% Net profit – Group share M CHF H1 2021 H1 200 Change Change at at current constant Interest expense on bank borrowings and exchange exchange bonds (net) -3.3 -4.3 M CHF H1 2021 H1 2020 rates rates Inter

  10. Slide 10: Continued focus on solid balance sheet

    Continued focus on solid balance sheet Assets Equity and Liabilities M CHF 30.06.2021 31.12.2020 M CHF 30.06.2021 31.12.2020 Property, Plant & Equipment 23.5 24.6 Capital 19.1 18.8 Right-of-use assets 48.4 51.1 Share premium 40.6 48.7 Intangible assets 44.3 44.6 Treasury shares -10.0 -17.3 Investmen

  11. Slide 11: Shareholders' equity of CHF 440.7m and net cash position of CHF 209m

    Shareholders’ equity of CHF 440.7m before deduction of own shares of CHF 10m and net cash position of CHF 209m1) Net cash position trend Shareholders’ equity breakdown Cash in JVs Financial debts** Unavailable cash, non-current Capital and share premium Consolidated reserves Currency translation Tre

  12. Slide 12: 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 Track record of agility to cope with market cycles and structural trends enabled us to navigate initial 1 COVID-19 impact 2 Positive impact ex

  13. Slide 13: Thank you

    4Tradition Thank you Global Leaders In Interdealer Broking J

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