Alantra Partners Sa · BME:ALNT
Alantra Partners Sa — 9M 2019 Earnings Presentation
18 slides from Alantra Partners Sa's earnings presentation, Oct 30, 2019
Slide 1: First 9 months 2019 results presentation
First 9 months 2019 results presentation 30th October 2019
Slide 2: Alantra growth continues in 2019, both in revenue and net profit
I. Alantra growth continues in 2019, both in revenue (+42.4%) and net profit (+50.8%), with increasing activity across divisions Net revenues increased by 42.4% reaching €150.7 Mn mainly driven by the growth in the investment banking division (+52.7%) ▪ Net revenues from asset management increased b
Slide 3: Net revenues reach €150.7 Mn (+42.4% vs. last year)
II. Net revenues reach €150.7 Mn (+42.4% vs. last year) Net revenues for 2019 YTD Net revenues by division for 2019 YTD Breakdown of AM revenues by type (€’000) (€’000) (€’000) 150,658 150,658 1,000 Performance 38,822 3 8 ,822 105,795 fees 105,795 930 3 2 ,294 +133.7% 17,757 32,294 Total AM 7,597 +2
Slide 4: Operating expenses reach €123.7 Mn (+50.2%)
III. Operating expenses reach €123.7 Mn (+50.2%) Total operating expenses 2019 YTD (€’000) Breakdown of personnel expenses in 2019 YTD (€’000) 10 00 , 00 86,178 123,695 90 , 00 80 , 00 11,720 70 , 00 25,797 59,181 Variable 38,639 82,356 60 , 00 792 Other opex 50 , 00 +62.8% 22,383 +15.3% 23,739 40 ,
Slide 5: Net Profit of €30.7 Mn (+50.8% vs. last year)
IV. Net Profit of €30.7 Mn (+50.8% vs. last year) 2019 YTD net profit breakdown1 Evolution of the net profit attributable to the parent (€’000) (€’000) 35 , 00 3,453 30,716 30,716 30 , 00 1,310 25,953 25,953 25 , 00 2018 YTD 2019 YTD 20,367 20 , 00 14,335 15 , 00 10 , 00 5,475 5,00 1,310 - Fee busin
Slide 6: Strong Balance sheet as of 30th September 2019
V. Strong Balance sheet as of 30th September 2019 €’000 169,230 341,286 341,286 39,581 1,084 109,308 37,494 91,071 221,312 10,666 172,056 52,811 119,245 €31,453 – Portfolio €7,055 – Other non current financial assets €1,074 – Other financial assets Cash and cash Other current Total current Intangibl
Slide 7: Investment banking activity
VI. Investment banking activity I. Increased deal activity and market recognition 145 transactions advised Incorporation of CPA 2019YTD1 4 new MDs reinforcement (+34% vs same period in 2018) N+1 Singer ranked as the ▪ 3 M&A bankers ▪ More than 70 professionals ▪ 59 M&A transactions (Chemicals, UK an
Slide 8: Asset management activity (i)
VII. Asset management activity II. Growth in assets under management, relevant activity and recruitment of senior professionals (i) 1 Active Funds: €966 Mn fee-earning AUM (+7.7% growth vs. last year) ▪ EQMC Fund: ▪ €886 Mn in AUM (+13.8% vs. last year) ▪ NAV per share growth of 8.1% in 2019YTD, whi
Slide 9: Asset management activity (ii)
VII. Asset management activity II. Growth in assets under management, relevant activity and recruitment of senior professionals (ii) 4 Venture Capital: Asabys co-led a $7 Mn Series A round into health start up Cara Care ▪ Asabys co-led a $7 Mn Series A round with Johnson & Johnson Innovation into Be
Slide 10: Assets under Management as of 30th September 2019
VII. Asset management activity III. Assets under Management as of 30th September 2019 Fee earning AUM of direct investments Real Estate +€25 Mn 173 Private Debt 286 + €140 Mn Fee earning AUM +€31 Mn (vs. last year) Active Funds 966 +€69 Mn Private Equity 735 +€15 Mn Total fee-earning direct investme
Slide 11: Annex
Annex 11 ALANTRA
Slide 12: Consolidated income statement for 2019 YTD
Annex I. Consolidated income statement for 2019 YTD 30/09/2019 30/09/2018 % 110,836 72,571 52.7% 38,822 32,294 20.2% 21,065 24,697 (14.7%) 17,757 7,597 133.7% 1,000 930 7.5% 150,658 105,795 42.4% - (86,178) (59,181) 45.6% (47,539) (35,442) 34.1% (38,639) (23,739) 62.8% (25,797) (22,383) 15.3% (4,013
Slide 13: Consolidated balance sheet as of 30th September 2019
Annex II. Consolidated balance sheet as of 30th September 2019 ASSETS LIABILITIES AND EQUITY 13
Slide 14: Glossary (i)
III. 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 transac
Slide 15: Glossary (ii)
III. Glossary (ii) “Fee Business” is defined as the group or aggregate of the Investment Banking, Asset Management and Corporate segments which, as a whole, are referred to as the service provision businesses, whether those services be financial advisory or management, whose revenues materialise in
Slide 16: Glossary (iii)
III. Glossary (iii) “Recurring Net Profit”. The profit derived from the Group's recurring or ordinary activities, i.e., that generated by the Investment Banking, Asset Management and Portfolio segments. ▪ Recurring Net Profit is the sum of Fee Business Net Profit and Portfolio Net Profit. ▪ Recurrin
Slide 17: Disclaimer
IV. 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 fo
Slide 18: Contact
Contact Philipp Krohn Investor Relations Tel.: +34 917 458 484 investors@alantra.com I www.alantra.com 18