Euroz Hartleys Group Limited · ASX:EZL
Euroz Hartleys — Euroz — Shareholder Meeting (November 2020)
17 slides from Euroz Hartleys's shareholder meeting presentation, Nov 20, 2020
Slide 1: Annual General Meeting Presentation
For personal use only ANNUAL GENERAL MEETING PRESENTATION November 2020
Slide 2: Disclaimer and Disclosure
Disclaimer and Disclosure For personal use only Euroz Limited (EZL) and its related entities and each of their respective directors, officers and agents (together the Disclosers) have prepared the information contained in these materials in good faith. However, no warranty (express or implied) is ma
Slide 3: Western Australia's Leading Financial Services Company
Western Australia’s Leading Financial Services Company For personal use only Combined capability and earnings leverage of WA’s two most successful broking firms Strategically located in the global resources hub of Western Australia Increased focus on growing and diversifying revenue streams Strong b
Slide 4: Update on Merger with Hartleys Limited
Update on Merger with Hartleys Limited Merger completed and integration progressing smoothly For personal use only • Merger with Hartleys completed 8 October 2020 • Euroz Hartleys re-branding completed • Institutional Sales and Research teams fully integrated Dominant WA Market Position • Integratio
Slide 5: Our Strategy
Our Strategy For personal use only ▪ Continue to grow Western Australia’s leading financial services business ▪ Building long term relationships and trust with our clients by delivering consistently good outcomes ▪ Our clients and our staff are our greatest assets ▪ Develop a deep understanding of o
Slide 6: Corporate Overview – Euroz Limited
Corporate Overview – Euroz Limited For personal use only CAPITAL STRUCTURE A$1.255 195.5m A$245m A$128m Nil $117.5m Share price (17 Nov 20) Shares on issue Market Capitalisation Cash & Investments1 Debt Enterprise Value2 HISTORICAL SHARE PRICE OWNERSHIP Note 1: As at 31 October 2020 6 Note 2: Based
Slide 7: Euroz Limited Snapshot
Euroz Limited Snapshot WA’s leading financial services company For personal use only STAFF1 GROUP FUM1 CAPITAL RAISED1,2 190 $2.87b $998m STAFF OWNERSHIP1 AVERAGE 10 YEAR DIVIDEND CASH & INVESTMENTS1 YIELD 51% 7.1% $128m Note 1: As at 31 October 2020 Note 2: Capital raised in calendar year 2020 wher
Slide 8: A Diversified Financial Services Business
A Diversified Financial Services Business EUROZ LIMITED For personal use only ASX CODE: EZL WEALTH STOCKBROKING, CORPORATE FINANCE FUNDS MANAGEMENT AND PRIVATE WEALTH MANAGEMENT 100% 100% 100% Entrust Wealth Management Euroz Hartleys Westoz Funds Management Manager Westoz Investment Ozgrowth Limited
Slide 9: Euroz Hartleys
Euroz Hartleys Combined capability and earnings leverage of WA’s two most successful broking firms For personal use only 1. LARGEST BROKING FIRM IN WESTERN AUSTRALIA FUM CAPITAL RAISED 2. SIGNIFICANT DOMESTIC & GLOBAL DISTRIBUTION CAPABILITY 3. OVER 120 STOCKS UNDER RESEARCH ~$1.6b 1 $998m 1,2 Corpo
Slide 10: Entrust Wealth Management and Westoz Funds Management
For personal use only Entrust Wealth Management Westoz Funds Management 17 year track record “Finding the Best in the West” • Combines its deep knowledge of managed • WFM manages portfolios of Australian equities on behalf discretionary advice, financial planning and portfolio of two listed investme
Slide 11: Group Funds Under Management
Group Funds Under Management $2.87b1 in FUM in Funds and Wealth Management and growing For personal use only • Continued focus on growing FUM – increase of +$1.2b1 through merger with Hartleys Limited • Increased scale provides material synergies and an enhanced platform for organic and acquisition
Slide 12: Consistent Dividend History
Consistent Dividend History Focus on increasing base dividend levels through growth in recurring revenue streams while maintaining For personal use only traditional transaction strengths • Paid $235m dividends over 40 consecutive half year periods • Average dividend of 8.5 cents / year over past dec
Slide 13: Strong Leverage to an Improving WA Economy
Strong Leverage to an Improving WA Economy • Strong economic momentum evident prior to pandemic For personal use only • WA resilient to date, only State with positive FY2020 economic growth • Resources sector and State finances buoyed by good commodity prices • Construction uplift from resource/infr
Slide 14: Four Month Trading Update
Four Month Trading Update Solid underlying profitability for first 4 months of FY21 For personal use only • Driven by strong performance from Euroz Hartleys Securities Limited and increases in share price of investments in Westoz and Ozgrowth • First 4 month unaudited FY21 headline NPAT of $11.5m (u
Slide 15: Euroz Charitable Foundation
Euroz Charitable Foundation • Established in 2006 to provide support to worthy charities within our broader community For personal use only • Donated over $2m to over 100 individual charities in 14 years • Staff encouraged to provide their time to support charities in and around their local communit
Slide 16: Investment Highlights
Investment Highlights For personal use only Euroz Hartleys now the largest Established platform for Scale and operational broking firm in Western diversified and recurring synergies from Hartleys Australia revenue streams merger start in April 2021 Targeting organic FUM growth Strong balance sheet F
Slide 17: Thank You
For personal use only Thank You Euroz Limited Level 18 Alluvion 58 Mounts Bay Rd Perth Western Australia