Alantra Partners Sa · BME:ALNT
Alantra Partners Sa — FY2021 Earnings Presentation
32 slides from Alantra Partners Sa's earnings presentation, February 2022
Slide 1: 2021 FY results presentation
2021 FY results presentation February 2022
Slide 2: Index
Index 1. Group highlights 2. Highlights by division 3. Annex Private and Confidential 2
Slide 3: 1. Group highlights
1. Group highlights ALANTRA
Slide 4: Executive summary
Group highlights 1. Executive summary ▪ Net revenues reached a record high of €315.2 Mn (+77.2% vs. 2020 and +47.2% vs. 2019), with significant growth in all €315.2 Mn business divisions ▪ High revenue diversification in Investment Banking and Credit Portfolio Advisory, with 6 markets (UK, US, Franc
Slide 5: Evolution of key figures
Group highlights 2. Evolution of key figures Net revenues (€Mn) Net Profit Attributable to parent (€Mn) +77.2% +93.2% Cash and cash equivalents & monetary fund (€Mn)1,2 Shareholders’ equity +44.8% 1,2 +15.3% and no financial leverage Private and Confidential 1) €183.8 Mn of cash and cash equivalents
Slide 6: Simplified consolidated P&L
Group highlights 3. Simplified consolidated P&L ▪ Net revenues reached €315.2 Mn (+77.2% YoY), driven by the growth of all business divisions Total Total ▪ Net revenues from Investment Banking increased by 73.1% to €206.5 Mn, Group Group with a strong delivery in a record year for M&A (€ Mn) 2020 20
Slide 7: Key financials by segment
Group highlights 4. Key financials by segment 2020 and 2021 net revenues by segment (€Mn) 2021 attributable net profit by segment (€Mn) Inner circle (2020) 2021: €315.2 Mn (Variation vs. 2020) Outer circle (2021) 2020: €177.9 Mn 1% 16% +90.6% +93.2% 1% 16% IB 18% 16% AM CPA 67% 65% Other ▪ Investmen
Slide 8: Balance sheet as of 31st December 2021
Group highlights 5. Balance sheet as of 31st December 2021 in € Mn 31-Dec-21 31-Dec-20 Δ% Non-current assets 307.0 253.5 21.1% Non-current financial assets 149.9 125.4 19.6% At fair value with changes in proft 59.4 77.0 (22.9%) At fair value with changes in other comprehensive income 77.7 44.6 74.2%
Slide 9: Shareholder remuneration
Group highlights 6. Shareholder remuneration ▪ The Board of Directors intends to propose to the Annual General Shareholders Meeting the distribution of €0.55 per share to be paid in May ▪ The Group envisages significant investments in 2022, due to commitments in its own funds and potential corporate
Slide 10: 2. Highlights by division
2. Highlights by division 10 ALANTRA
Slide 11: 2.1 Investment Banking highlights
2.1 Investment Banking highlights 11
Slide 12: Solid performance and strong revenue diversification
IB 1. Solid performance and strong revenue diversification Key financials IB (€Mn) Total IB Total IB Total IB Δ 2019 2020 2021 '20-'21 (%) (€ Mn) ▪ Net revenues from Investment Banking increased by 73.1% to €206.5 Mn, with a strong delivery in a record year for Net Revenues 121.6 119.3 206.5 73.1% M
Slide 13: Key activity highlights (i)
IB 2. Key activity highlights (i) 2021 IB deals by type 2021 IB deals by sector FY 2021 M&A cross-border deals Inner circle (2020) Outer circle (2021) 4% Technology 6% M&A 18% 10% 27% 24% Industrials 16% 12% 29% Debt Advisory 46% 41% 13% Consumer goods 59% 54% 16% 62% Strategic Advisory and retail 9
Slide 14: Key activity highlights (ii)
IB 2. Key activity highlights (ii) Activity highlights corporate finance Market recognition 186 +40.9% + €17.6 Bn +41.8% #3 #4 vs. 2020 vs. 2020 Independent advisor Independent advisor European CF House Deals advised in 2021 Transacted in M&A in 2021 to PE in Europe1 in Europe1 of the Year finalist2
Slide 15: 2.2 Credit Portfolio Advisory highlights
2.2 Credit Portfolio Advisory highlights 15
Slide 16: Increased activity driven by gradual recovery of European NPL market
1. Increased activity driven by the gradual recovery of the CPA European NPL market Key financials CPA (€Mn) Total Total Total Δ CPA CPA CPA '20-'21 (%) (€ Mn) 2019 2020 2021 Net Revenues 43.6 28.7 51.5 79.6% Personnel expenses (22.4) (20.0) (31.4) 56.8% ▪ Net revenues from CPA increased by 79.6% to
Slide 17: Key activity highlights
CPA 2. Key activity highlights Activity highlights: Selected credentials: Advisor in top-quality deals across Europe, including the 2nd largest Strong activity both in terms of deal count and volume NPE securitization in Europe Deals advised 2021 (#) 2021 2021 2021 +73.5% Co-arranger and financial l
Slide 18: 2.3 Asset Management highlights
2.3 Asset Management highlights 18
Slide 19: Solid performance driven by growth in management and performance fees
1. Solid performance driven by the growth in management and AM performance fees Key financials AM (€Mn) 2020-2021 revenue breakdown (€Mn) Total Total Total +97.5% Δ AM AM AM '20-'21 (%) (€ Mn) 2019 2020 2021 Net Revenues 47.5 28.0 55.4 97.5% Personnel expenses (15.8) (12.8) (28.3) 121.9% Other Opera
Slide 20: Key activity highlights
AM 2. Key activity highlights Launch of new strategies & products Strong performance of EQMC & QMC strategies: €142 Mn capital raise for Klima (Energy Transition Fund) ▪ First investment completed together with the Bill Gates Foundation, EQMC: Chevron, Nextera & Equinor ▪ Blended performance in 2021
Slide 21: Fee earning assets of €15.7 Bn from Alantra and its strategic partnerships
3. Fee earning assets of €15.7 Bn from Alantra and its strategic AM partnerships Fee-earning assets from strategic 31st December 2021 Fee-earning AuM from consolidated businesses (€Mn) partnerships (€Mn)1,2 Private and Confidential 1) Strategic partnerships are asset management businesses where Alan
Slide 22: 2.4 Strategic Partnerships
2.4 Strategic Partnerships 22
Slide 23: Activity highlights
Strategic partnerships 1. Activity highlights Alternative Asset Management Access Capital Partners1: ▪ €750+ Mn raised in 2021 ▪ Successful closing of 4 fund/mandates including: ▪ Final closing of Fund VIII – Buy-out (€814 Mn) ▪ First closing of ACIF Infra II (€143 Mn) Indigo Capital2: ▪ New senior
Slide 24: 3. Annex
3. Annex 24 ALANTRA
Slide 25: Consolidated income statement as of 31st December 2021
Annex I. Consolidated income statement as of 31st December 2021 € Thousand 31/12/2021 31/12/2020 % Net income Investment Banking 206,515 119,290 73.1% Credit Portfolio Advisory 51,463 28,662 79.6% Asset Management 55,362 28,034 97.5% Management Fees 29,449 24,195 21.7% Success Fees 25,913 3,839 575.
Slide 26: Consolidated balance sheet as of 31st December 2021
Annex II. Consolidated balance sheet as of 31st December 2021 ASSETS LIABILITIES AND EQUITY € Thousand 31/12/2021 31/12/2020 € Thousand 31/12/2021 31/12/2020 EQUITY 363,250 295,539 SHAREHOLDERS EQUITY 277,889 251,699 Capital 115,894 115,894 NON-CURRENT ASSETS 307,030 253,488 Share premium 111,863 11
Slide 27: Consolidated 2021 FY income statement by segment
Annex III. Consolidated 2021 FY income statement by segment Corporate finance Credit portfolio Consolidation Group Total Group Total advisory & capital Asset Management Structure Portfolio Rest advisory adjustments 31/12/2021 31/12/2020 markets 31/12/2021 31/12/2020 31/12/2021 31/12/2020 31/12/2021
Slide 28: Glossary (i)
Annex IV. Glossary (i) Identified business segments “Business Segments” refer to each operating segment or component identified and classified as such by Alantra that (a) engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to tr
Slide 29: Glossary (ii)
Annex IV. Glossary (ii) “Fee Business” is defined as the group or aggregate of the Investment Banking, Credit Portfolio Advisory, Asset Management and Structure segments which, as a whole, are referred to as the service provision businesses, whether those services be financial advisory or management
Slide 30: Glossary (iii)
Annex IV. Glossary (iii) “Recurring Net Profit”. The profit derived from the Group's recurring or ordinary activities, i.e., that generated by the Investment Banking, Credit Portfolio Advisory, Asset Management and Portfolio segments. ▪ Recurring Net Profit is the sum of Fee Business Net Profit and
Slide 31: Disclaimer
Disclaimer Alantra Partners, S.A. publishes this presentation solely and exclusively for information purposes. This presentation does not constitute an offer to subscribe, buy or sell securities issued by Alantra Partners, S.A., or any other securities in any jurisdiction. Any information and foreca
Slide 32: Contact
Contact Philipp Krohn Investor Relations Tel.: +34 917 458 484 investors@alantra.com I www.alantra.com Private and Confidential 32