B3 SA - Brasil, Bolsa, Balcao · BMFBOVESPA:B3SA3
B3 SA - Brasil, Bolsa, Balcao — B3 S.A. - Brasil, Bolsa, Balcão — Q1 2019 Earnings Presentation
13 slides from B3 SA - Brasil, Bolsa, Balcao's earnings presentation, May 10, 2019
Slide 1: 1Q19 Earnings Presentation
1Q19 EARNINGS PRESENTATION May 10th, 2019 PUBLIC INFORMATION 1 1
Slide 2: Forward looking statements
Forward looking statements This presentation may contain certain statements that express the management’s expectations, beliefs and assumptions about future events or results. Such statements are not historical fact, being based on currently available competitive, financial and economic data, and on
Slide 3: 1Q19 highlights
1Q19 highlights R$ millions 1Q19 1Q19 / 1Q18 Highlights Total revenue 1,531.9 +24.1% Records in cash equities market: Listed 955.1 +31.0% - ADTV reached R$16,2 billion OTC 240.7 +5.8% - 1 million accounts in the CSD Infrastructure for financing 152.1 +31.5% Technology, data and services 183.9 +13.4%
Slide 4: Performance by segment: Listed - equities
Performance by segment Listed - equities Revenue (R$ millions) 630 577 20 34 21 37 507 30 34 452 21 Listing and solutions for issuers 28 17 29 425 28 15 Securities lending 30 31 30 539 Depository 492 429 Trading and post-trading 378 349 1Q18 2Q18 3Q18 4Q18 1Q19 Highlights (1Q19 vs 1Q18) • Increase o
Slide 5: Performance by segment: Listed - FICC
Performance by segment (cont.) Listed - FICC Revenue (R$ millions)¹ 353 310 325 25 294 277 38 37 34 26 163 120 121 Interest rates in USD 102 130 Interest rates in R$ FX 141 154 158 161 114 1Q18 2Q18 3Q18 4Q18 1Q19 Highlights (1Q19 vs 1Q18) • Growth in ADV of Interest rates in USD and FX rates contra
Slide 6: Performance by segment: OTC
Performance by segment (cont.) OTC Revenue (R$ millions) 251 253 239 241 228 37 39 36 40 36 48 44 38 44 44 Other OTC Derivatives 165 170 Fixed income 154 158 157 1Q18 2Q18 3Q18 4Q18 1Q19 Highlights (1Q19 vs 1Q18) • Increase in volumes of bank funding transactions • New Treasury Direct incentive prog
Slide 7: Performance by segment: Infrastructure for financing
Performance by segment (cont.) Infrastructure for financing Revenue (R$ millions) 152 132 134 120 116 1Q18 2Q18 3Q18 4Q18 1Q19 Highlights (1Q19 vs 1Q18) • Increase of 7.2% in the number of vehicles financed • Interruption of the contracts system services in the Parana state negatively impacted B3’s
Slide 8: Performance by segment: Technology, data and services
Performance by segment (cont.) Technology, data and services Revenue (R$ millions) 184 184 162 167 171 23 21 19 18 12 19 9 12 8 8 43 Other 37 41 44 34 B3 Bank Data and analytics 101 103 103 105 108 Access and Technology 1Q18 2Q18 3Q18 4Q18 1Q19 Highlights (1Q19 vs 1Q18) • Increase in participants ba
Slide 9: Adjusted expenses
Adjusted expenses1 (R$ millions) 4.2 (4.8) 3.5 4.0 Adjusted personnel² Data processing: Third-party Others³ (+2.9%): effect of the (-11.0%): (+23.0%): increase (+19.3%) annual collective decommissioning in expenses with bargaining of one of consulting services agreement company’s data 224.7 center 2
Slide 10: Financial highlights
Financial highlights Cash and Financial Investments (R$ millions) Financial Leverage and Debt Schedule Financial Leverage (R$ millions) 1Q19 5,759 3,591 723 2,868 9,350 (R$ millions) 1Q19 Gross debt 4,263 Recurring EBITDA (12M) 3,645 2,945 4Q18 5,274 Financial leverage 1.2x 796 2,149 8,219 Debt Amor
Slide 11: Appendix
Appendix PUBLIC INFORMATION 11 11
Slide 12: Financial Statements
Financial Statements Adjusted expenses reconciliation (R$ million) EBITDA reconciliation (R$ million) PUBLIC INFORMATION 12
Slide 13: Financial Statements
Financial Statements Net income reconciliation (R$ million) PUBLIC INFORMATION 13
B3 S.A. - Brasil, Bolsa, Balcão — Q1 2019 Earnings Presentation on 6ix