B2 Impact Asa · OSL:B2I
B2 Impact Asa — B2Holding — Arctic Debt Collection Webinar 2022
11 slides from B2 Impact Asa's conference presentation, Jan 7, 2022
Slide 1: Investor presentation – Arctic Debt Collection Webinar
Investor presentation Arctic Debt Collection Webinar, 7 January 2022 Photo: Adrian / Unsplash
Slide 2: Today's presenter
Today’s presenter Erik Johnsen Chief Executive Officer B2Holding ASA 2 B2Holding ASA Arctic Debt Collection Webinar 2022
Slide 3: This is B2Holding
This is B2Holding NOKm YTD Q3’21 YTD Q3’20 Change % SEE Net revenues 2,310 2,264 2% 14% Adjusted EBIT 1,037 883 17% WE NE 12% Total ERC 41% Adjusted EBIT Margin 45% 39% 5.8pp NOK EBIT 1,042 869 20% CE 19.7bn 17% ERC 19,744 24,616 -20% Pol 16% Gross Collection 4,170 4,345 -4% #FTEs 2,037 2,276 -10% 2
Slide 4: One of the leading pan-European debt collectors
One of the leading pan-European debt collectors EBITDA (EURm) Cash EBITDA (EURm) 120m ERC (EURm) Intrum Intrum 849 Intrum 1,173 6,006 EOS 312 EOS N/A EOS N/A Lowell 227 Lowell 576 Lowell 4,053 Cabot 205 Cabot 390 Cabot 2,999 Kruk 181 Kruk 312 Kruk 1,716 PRA 179 PRA 666 PRA 2,660 doValue 160 doValue
Slide 5: Stronger and better positioned than pre-pandemic
Stronger and better positioned than pre-pandemic Key improvements Strong collections… … and lower cost base – Operational L12M Gross Collections (NOKbn)1 L12M Operating Expenses (NOKbn)2 improvements 5,9 1,8 1,8 1,8 – Increased effectiveness 5,4 5,6 5,5 5,7 5,7 5,7 5,5 1,8 1,7 1,7 1,7 1,6 and effici
Slide 6: Collection performance and improvements
Collection performance and improvements Unsecured collection performance REOs sold 4800 110% +30% Book Value 4500 105% 4200 159 Sales Proceeds 3900 102% 3 698 3 715 105% 3 506 3600 102% 3300 99% 100% 122 3000 2 786 2700 2400 100% 100% 100% 100% 95% 2100 1800 +51% 1500 90% 1200 40 900 85% 27 600 300
Slide 7: Improved cash earnings, investment capacity and deleveraging
Improved cash earnings, investment capacity and deleveraging Investments Cashflow L12M to Q3 2021 Additional investment capacity Cash earnings NOKm NOKm Increase 669 3,827 Decrease -48 Total 516 503 438 437 -1,087 264 237 204 192 220 2,670 -22 -779 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 1,891 Deleveraging Le
Slide 8: ESG commitment showing results
ESG commitment showing results Substantially improved the ESG Risk rating from Sustainalytics, ESG Risk rating 9.3 ranking us at the top of our industry and within the top 1 % of rated companies globally – B2Holding is considered to be at negligible ESG risk: Negligible Risk • Low exposure of materi
Slide 9: REOs: An integral strategy in secured recoveries
REOs: An integral strategy in secured recoveries The main strategies Typical REO process within secured recoveries Strategizing Solving Monetising 1. Amicable agreement with Yes Upgrade/ Sell Real Estate Repossess reposition with significant debtor(s) Can we add Real Estate premium to BV value and 2
Slide 10: REO real example
REO real example → Short description of the asset Value Creation (EUR’000) – 57 villas in the metropolitan area of a 2 000 6,400 major European city with an overall land surface area of 26.000 sqm 2 200 – Identified significant upside potential which triggered a REO strategy where the underlying 2,2
Slide 11: IR contact
IR contact B2Holding ASA Rasmus Hansson Stortingsgaten 22 Head of Commercial Strategy P.O.Box 1726 Vika N-0121 Oslo and Investor Relations +47 952 55 842 www.b2holding.no rh@b2holding.no +47 22 83 39 50 post@b2holding.no