Tp Icap Group Plc · LSE:TCAP
Tp Icap — Investor Day (December 2020)
8 slides from Tp Icap's investor day presentation, Dec 1, 2020
Slide 1: Robin Stewart: Financials
Robin Stewart Financials TP ICAP plc Interim Results for the six months ended 31 July 2020 | 7 August 2020 55
Slide 2: Impact of the anticipated Jersey re-domiciliation
Impact of the anticipated Jersey re-domiciliation Capital Efficiencies Overview — TP ICAP is in the process of completing its re-domiciliation by — The Group will no longer require a waiver from the FCA’s consolidated incorporating a new Group holding company in Jersey capital supervision regulation
Slide 3: TP ICAP Standalone Financial Targets: Revenue and Operating Margin
TP ICAP Standalone Financial Targets1 Revenue and Operating Margin Targets ● Revenue Target Revenue Target Revenue CAGR — Medium term revenue CAGR target of c.3%, expected to be driven by our Overall c.3% CAGR target Target double-digit growing business of D&A (c.11%) and I.S. (c.12%) c.12% — Sticki
Slide 4: TP ICAP Standalone Financial Targets: Net Income, Dividend and Cash Conversion
TP ICAP Standalone Financial Targets Underlying Net Income, Dividend and Cash Conversion ● Underlying Net Income Underlying Net Income Growth Drivers — Drivers of net income improvement over the medium term + Margin expansion, greater proportion of higher growth businesses, operating leverage + £189
Slide 5: TP ICAP Standalone Financial Targets: Investment and Costs
TP ICAP Standalone Financial Targets Investment and Costs ● Investment Expected Investment Profile (£m) — c.£100m of incremental strategic investment over the next 5 years expected to drive future margins £158m Strategic Capex — This is on top of the annual c.£140m - £160m technology investment — c.
Slide 6: TP ICAP & Liquidnet Targets
TP ICAP & Liquidnet Targets Medium Term Targets ● Revenue Target: Revenue Target — Medium term revenue CAGR target of 4% 4% Revenue CAGR Target — Liquidnet expected to contribute an additional c.1% revenue growth Liquidnet Higher growth businesses IS ● Underlying Operating Margin Target: D&A — 2023
Slide 7: Disclaimer
Disclaimer This presentation has been prepared by TP ICAP plc (together with its subsidiaries, the “Group”) solely for informational purposes. No representation or warranty express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of t
Slide 8: TP ICAP Capital Markets Day
TP ICAP Capital Markets Day 1 December 2020