Alantra Partners Sa · BME:ALNT
Alantra Partners Sa — H1 2016 Earnings Presentation
20 slides from Alantra Partners Sa's earnings presentation, Jul 21, 2016
Slide 1: 1H 2016 Results Presentation
1H 2016 Results Presentation 21st July 2016
Slide 2: Disclaimer
Disclaimer The information contained herein has to be interpreted on the basis of the merger between Dinamia Capital Privado SCR, S.A. and N más Uno IBG, S.A., completed and with accounting effects as from 9th July 2015 (“the Merger”). The Merger was carried out by the absorption of N más Uno IBG, S
Slide 3: Executive summary: Highlights (i)
I. Executive summary I. Highlights (i) 1 Stable recurrent fee business in the first half of 2016 Net revenues of the Group reached €30.9Mn in 1H 2016, a 2.9% decrease versus the first half of 2015. The decrease is due to €5.5Mn of extraordinary revenues in 1H 2015 coming from performance fees and th
Slide 4: Executive summary: Highlights (ii)
I. Executive summary I. Highlights (ii) Activity in the investment banking division continued to be strong and steady in the first 4 half of the year 52 announced transactions, of which 60% have been cross border Ranked among the “Top 20” Global M&A advisors in the first half of 2016 by Mergermarket
Slide 5: Net Revenues
II. Stable recurrent fee business in 1H 2016 I. Net Revenues Net revenues for 1H 2016 (€’000) Net revenues by division for 1H 2016 (€’000) -2.9% 31,781 31,781 30,859 30,859 571 (2%) Total AM 924 (3%) -35.9% 8,552 13,351 Mgmt. fees (28%) (42%) +8.3% Total IB +19.7% 21,383 17,859 (69%) (56%) 1H 2015 1
Slide 6: Net profit
II. Stable recurrent fee business in 1H 2016 II. Net profit 1H 2016 net profit breakdown (€’000) Ordinary net profit for 1H 2016 (€’000) 8,223 -36.6% 5,215 5,215 4,636 580 5,215 Fee Business Realised Ordinary net Other financial Total 1H 2015 1H 2016 investment profit results business Margin1: 25.9%
Slide 7: Other relevant non consolidated businesses
II. Stable recurrent fee business in 1H 2016 III. Other relevant non consolidated businesses N+1 Singer: Research and Brokerage in the UK1 1 Shareholding: 27.24%2 2 Revenues of €14.2 Mn3,4 3 Net profit of €2.2 Mn3,4 4 86 professionals 5 €28.4 Mn shareholders’ funds and €20.6 Mn of cash3,4 N+1 Singer
Slide 8: The Group maintains a strong balance sheet
Chart Chart Chart Title Title Title Loans Loans Loanstototo third third third parties parties parties and and and other other other financial financial financial assets; assets; assets; 1,023 1,023 1,023 III. The Group maintains a strong balance sheet I. Balance sheet as of 30th June 2016 Long Long
Slide 9: Key milestones in international expansion (i)
IV. Activity in the investment banking division I. Key milestones achieved in the international expansion of the investment banking business (i) 1 N+1 enters Latin America through Landmark Capital With over 15 years presence in the market, Landmark Capital is one of the leading M&A advisors in the L
Slide 10: Key milestones in international expansion (ii)
IV. Activity in the investment banking division I. Key milestones achieved in the international expansion of the investment banking business (ii) 2 Opening of N+1 Portugal Opening of a new office in Lisbon with the incorporation of Rita Barosa as Managing Director, to focus on the coverage of Financ
Slide 11: Activity continued to be strong and steady
IV. Activity in the investment banking division II. Activity continued to be strong and steady in the first half of the year 52 announced transactions, of which 60% have been cross border 37 M&A transactions, of which 73% have been sell sides 10 ECM transactions in Spain and the UK, 2 DCM transactio
Slide 12: Selected transactions closed in 1H 2016
IV. Activity in the investment banking division III. Selected transactions closed in 1H 2016 2016 2016 2016 2016 Advisor to Centrax Group Advisor to Syngenta’s on the sale of its Advisor to Roca on the Advisor to Agrolimen on Board on the subsidiary Centrax sale of its 25% stake in the acquisition o
Slide 13: Assets under management
V. Activity in the asset management division I. Assets under management Assets under Management (€Mn)1 Private Debt Real Estate 123 50 Active Funds 478 Private Equity 1,354 Wealth Management 1,179 Total AuM: €3,184 Mn Total fee-earning AuM: €2,549 Mn Private and confidential 1) The total AuM (not th
Slide 14: Asset management highlights (i)
V. Activity in the asset management division II. Highlights (i) 1 C. €800 Mn raised in 1H 2016 from third party investors in the different asset classes Breakdown by asset class (€Mn) 786 128 27 19 212 400 Private Equity Active Funds Wealth Management Private Debt Real Estate Total 2 €400 Mn raised
Slide 15: N+1 buys back Banque Syz's stake in wealth management
V. Activity in the asset management division II. Highlights (ii) 5 N+1 buys back Banque Syz’s stake in the Group’s wealth management business N+1 Wealth Management holds a relevant position among Spain’s independent private banking firms, with €1.2 Bn of AuM1 Business Team of 36 professionals in fou
Slide 16: Annex
Annex Private and confidential 16
Slide 17: Introductory note to the P&L account
Annex I. Introductory note to the P&L account “The 2015 results were shaped, in respect of Nmás1 Dinamia, S.A. (“N+1” or the “Company”) by the merger between the Company and N más Uno IBG, S.A. (“N+1 IBG”). The Merger (which closed in July 2015) was, from a corporate law standpoint, a transaction pu
Slide 18: Consolidated P&L statement for 1H 2016
Annex III. Consolidated P&L statement for 1H 2016 € Thousand 30/06/2016 30/06/2015 Variation Net Income Investment banking 21,383 17,859 19.73% Asset Management 8,552 13,351 -35.94% Others 924 571 61.82% TOTAL 30,859 31,781 -2.90% Other income - 21 -100.00% Ordinary Expenses Personnel expenses (15,1
Slide 19: Consolidated Balance Sheet
Annex IV. Consolidated Balance Sheet ASSETS LIABILITIES & EQUITY € Thousand 30/06/2016 31/03/2016 € Thousand 30/06/2016 31/03/2016 EQUITY 172,168 182,492 SHAREHOLDERS EQUITY 163,526 175,072 Capital 101,011 101,011 Share premium 88,847 105,492 Reserves (29,830) (28,094) Treasury shares (1,138) (943)
Slide 20: Contact
Contact Philipp Krohn Investor Relations Tel.: +34 917 458 484 investors@nplusone.com I www.nplusone.com Private and confidential 20