Alantra Partners Sa · BME:ALNT
Alantra Partners Sa — Q1 2021 Earnings Presentation
22 slides from Alantra Partners Sa's earnings presentation, April 2021
Slide 1: 2021 Q1 results presentation
2021 Q1 results presentation April 2021
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 €55.1 Mn ▪ Net revenues reached €55.1 Mn (+26.5%) Net revenues ▪ All business divisions performed stronger than last year, with net revenues from investment banking growing by 22.3%, (+26.5% YoY) credit portfolio advisory by 46.9% and alternative asset managemen
Slide 5: Evolution of key figures
Group highlights 2. Evolution of key figures Net revenues (€Mn) Net Profit Attributable to parent (€Mn) +26.5% 55.1 +102.0% 9.1 43.5 36.8 5.2 4.5 Q1 2019 Q1 2020 Q1 2021 Q1 2019 Q1 2020 Q1 2021 Cash and cash equivalents & liquid assets (€Mn) Shareholders’ equity +70.3% 166.8 1 +22.7% 259.7 207.8 211
Slide 6: Simplified consolidated P&L
Group highlights 3. Simplified consolidated P&L ▪ Net revenues reached €55.1 Mn (+26.5% YoY), driven by the growth Total Total in all business divisions Group Group ▪ Net revenues from investment banking increased by 22.3% to (€ Mn) Q1 2020 Q1 2021 Δ YoY (%) €37.9 Mn, benefiting from a strong market
Slide 7: Key financials by segment
Group highlights 4. Key financials by segment Q1’21 and Q1’20 net revenues by segment (€Mn) Q1’21 attributable net profit by segment (€Mn) Inner circle (Q1 ‘20) Q1’21: €55.1 Mn (Variation vs. Q1’20) Outer circle (Q1 ‘21) Q1’20: €43.5 Mn 1% 0.2 (0.7) 9.7 (-59.5%) 12% (-389.0%) 9.1 +150.3% 13% 0% IB +
Slide 8: Balance sheet as of 31st March 2021
Group highlights 5. Balance sheet as of 31st March 2021 in € Mn 31-Mar-21 31-Dec-20 Δ% Non-current assets 248.2 253.4 (2.0%) Non-current financial assets 119.2 125.4 (4.9%) Investment portfolio 45.5 45.6 (0.2%) Liquid assets ¹ 68.2 74.2 (8.1%) Other non-current fin. assets 4.0 4.1 (2.1%) Other fin.
Slide 9: Shareholder remuneration
Group highlights 6. Shareholder remuneration Continuing the full pay out of the consolidated profit in the last three years, for 2020 the AGM has approved the distribution of €0.40 per share to be paid in May 2021, and it is anticipated that the Board intends to distribute an additional dividend of
Slide 10: 2. Highlights by division
2. Highlights by division 10 ALANTRA
Slide 11: Investment Banking
IB 1. Investment Banking New team hires Activity highlights Selected transactions advised in Q1 2021 to reinforce sector / geographical presence: 2021 2021 2021 42 c.€6 Bn Deals advised in 2021 YTD1 Transacted in M&A in 2021 YTD1 (+ 44.8% vs. 2020YTD) (+ 5.3% vs. 2020YTD) Buy-side advisory Sell-side
Slide 12: Credit Portfolio Advisory
CPA 2. Credit Portfolio Advisory Advisor in the 2nd largest rated NPE Activity highlights Selected transactions advised in Q1 2021 securitization in Europe: 2021 2021 Case Study: Project Galaxy 6 Project Galaxy, with a total GBV1 of €10.8 Bn, comprises non-performing multi-asset loans at Deals advis
Slide 13: Asset Management
AM 3. Asset Management Strong performance of EQMC & QMC strategies: Activity highlights Private debt: EQMC: ▪ 3 investments and 1 divestment, achieving a 13% IRR ▪ Annualized growth since inception1: 14.8% ▪ Blended performance Q1 2021: 9.9% (vs. -34.3% Q1 ’20) Access Capital Partners: ▪ First closi
Slide 14: Acquisition of 40% stake in MCH Investment Strategies
MCH 4. Acquisition of 40% stake in MCH Investment Strategies Overview of MCH Investment Strategies Rationale of the transaction MCH Investment Strategies’ growth plan Founded in 2008, MCH Investment MCH Investment Strategies will accelerate Strategies is an independent product Through the acquisitio
Slide 15: 3. Annex
3. Annex 15 ALANTRA
Slide 16: Consolidated income statement as of 31st March 2021
Annex I. Consolidated income statement as of 31st March 2021 € Thousand 31/03/2021 31/03/2020 % Net income Investment banking 37,904 30,991 22.3% Credit Portfolio Advisory 9,854 6,707 46.9% Asset Management 6,645 5,824 14.1% Management Fees 6,645 5,824 14.1% Success Fees - - - Others 656 2 32709% TO
Slide 17: Consolidated balance sheet as of 31st March 2021
Annex II. Consolidated balance sheet as of 31st March 2021 ASSETS LIABILITIES AND EQUITY € Thousand 31/03/2021 31/12/2020 € Thousand 31/03/2021 31/12/2020 EQUITY 307,517 295,539 SHAREHOLDERS EQUITY 259,162 251,699 Capital 115,894 115,894 Share premium 111,863 111,863 Reserves 33,421 6,058 Treasury s
Slide 18: Glossary (i)
Annex 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 t
Slide 19: Glossary (ii)
Annex III. 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 managemen
Slide 20: Glossary (iii)
Annex 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, Credit Portfolio Advisory, Asset Management and Portfolio segments. ▪ Recurring Net Profit is the sum of Fee Business Net Profit and
Slide 21: 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 22: Contact
Contact Philipp Krohn Investor Relations Tel.: +34 917 458 484 investors@alantra.com I www.alantra.com Private and Confidential 22