Equita Group Spa · MIL:EQUI

Equita Group Spa — H1 2024 Earnings Presentation

13 slides from Equita Group Spa's earnings presentation, Sep 12, 2024

  1. Slide 1: EQUITA Group 1H'24 Financial Results

    EQUITA Group 1H’24 Financial Results September 12th, 2024 – IR Conference Call 1

  2. Slide 2: 1H'24 performance benefitting from a good set of results in 2Q'24

    1H’24 performance benefitting from a good set of results in 2Q’24 Key Consolidated Highlights €40.9m €8.1m 1H (-5% YoY) (+1% YoY) Net Revenues Net Profits 25% 3.6x 192 (23% in 1H’23) (3.7x in 1H’23) (-2% YoY) €23.7m (+1% YoY) €5.1m (+19% YoY) Return on Tangible IFR # of Professionals 2Q Net Revenues

  3. Slide 3: Market Overview

    Market Overview

  4. Slide 4: Improving environment in Italy, especially for S&T and large M&A

    Improving environment in Italy, especially for S&T and large M&A, but still weak levels of activity on small-mid caps and in ECM. Potential turning point expected in the next months Third Parties Brokered Volumes in Italy (1) Equity – Euronext Milan Equity – Euronext Growth Milan (EGM) Fixed Income

  5. Slide 5: Recent Achievements and 1H'24 Financial Results

    Recent Achievements and 1H’24 Financial Results

  6. Slide 6: Strong positioning confirmed by recent achievements and initiatives

    Strong positioning confirmed by recent achievements and initiatives, in all areas Summary of Recent Initiatives and Key Developments per Division Votes 75% 93% of votes in the 5-4 range (Excellent) received 18% in 2024 5% 1% 1% (score) 1 2 3 Market shares (1) 5 4 3 2 1 15% Markets High market #1 Glo

  7. Slide 7: Improving market environment, still not contributing materially to the Revenues of all divisions

    Improving market environment, still not contributing materially to the Revenues of all divisions Trend in Net Revenues since IPO 1H / 2Q Performance (€m) Commentary 40,3 40,9 Var % Double-digit growth in S&T thanks to high 37,2 +3% ▪ 33,8 30,5 29,9 31,5 Var % volumes on Italian banks and blue chips

  8. Slide 8: Disciplined approach on costs confirmed

    Disciplined approach on costs confirmed Reclassified P&L (€m) Focus on Personnel Costs 1H’24 1H’23 Var % 2Q’24 2Q’23 Var % 1H’24 1H’23 Var % Client-related 36,8 39,0 (6%) 21,9 21,2 3% Personnel Costs (1) (18,9) (20,0) (6%) Non-client (Dir. Trading) 3,0 3,1 (5%) 2,1 1,9 11% FTEs (End of Period) 192 1

  9. Slide 9: Healthy balance sheet, with capital ratios well above minimum requirements

    Healthy balance sheet, with capital ratios well above minimum requirements (€m) 1H’24 1Q’24 FY’23 9M’23 1H’23 1Q’23 FY’22 1H’22 FY’21 FY’20 Cash & Cash equivalents 90.5 87.5 130.5 75.1 74.0 106.3 107.9 125.3 136.1 117.2 Financial assets at fair value with impact on P&L 94.0 102.0 77.4 99.3 95.5 90.4

  10. Slide 10: Closing Remarks

    Closing Remarks

  11. Slide 11: Considerations about the next 18 months

    Considerations about the next 18 months ▪ Soft-landing or no-landing scenario for all major economies Market ▪ Decrease in interest rates and expansionary monetary policies scenario ▪ Further progress in institutional initiatives to ease access to capital markets and increase liquidity in financial

  12. Slide 12: Q&A Session

    Q&A Session

  13. Slide 13: www.equita.eu

    =EQUITA www.equita.eu

EQUITA Group — H1 2024 Earnings Presentation on 6ix