Efg Holding S.a.e. · EGX:HRHO
Efg Holding S.a.e — EFG Hermes Holding — Q3 2020 Earnings Presentation
26 slides from Efg Holding S.a.e's earnings presentation, 2020
Slide 1: EFG Hermes Holding 3Q20/9M20 Results Presentation
EFG Hermes Holding 3Q20/9M20 Results Presentation
Slide 2: Group Performance Highlights
Group Overview Group Performance Highlights ≡ EFG Hermes posts another set of resilient financial results; with the Group revenues rising 21% Y-o-Y to reach EGP1.4 billion, underpinned by strong revenues generated from the buy-side, Capital Markets and the NBFIs; ≡ Buy-side revenues shot up 363% Y-o
Slide 3: Share Information
Group Overview Share Information Stock Performance 3Q20 Stock Price Performance Shareholders structure DF EFG3 LIMITED (Natixis S.A), EFG-Hermes HC HFI (Rebased) RA MENA 12.9% HOLDINGS LLC & Close 13.74 1.8% Q-o-Q 21 RA HOLDINGS I LLC, 12.3% Open Hi Lo 13.99 15.03 12.89 16 RIMCO E G T INVESTMENT L L
Slide 4: Balance Sheet
Group Overview Balance Sheet Total Assets, EFG Hermes Balance Sheet as at 30th of September 2020 down 1% Y-o-Y Assets - Liabilities In EGP million In EGP bn Cash and Cash Equivalents 9,993 44.4 39.6 Microfinance Receivables “Tanmeyah” 1,634 38.6 39.5 39.4 Finance Lease Receivables 4,173 31.6 29.4 In
Slide 5: Third Quarter Results Review – 3Q2020
I. Third Quarter Results Review – 3Q2020
Slide 6: Group Financial Highlights – 3Q2020
Group Overview Group Financial Highlights – 3Q2020 EFG Hermes Revenue Breakdown Fees and Commissions Revenue Breakdown Capital Markets & valU, Factoring, Brokerage, Treasury Operations 26% 3% 1% Tanmeyah, 23% 25% Revenue of EGP372 mn, up 22% Y-o-Y Asset Management, 6% Regional Operations 53% Leasing
Slide 7: Platforms Financial Highlights – 3Q2020
Group Overview Platforms Financial Highlights – 3Q2020 EFG Hermes Revenue Breakdown by Platform Investment Bank Revenues NBFIs Revenues Revenues Contribution by Platform up 23% Y-o-Y up 12% Y-o-Y In EGP mn In EGP mn Investment Bank NBFI 1,099 335 891 299 3Q20 77% 23% 3Q19 75% 25% 3Q20 3Q19 3Q20 3Q19
Slide 8: Investment Bank Highlights – 3Q2020
Investment Bank Overview Investment Bank Highlights – 3Q2020 Investment Bank Revenue Breakdown by Platform Sell-Side Revenues, Buy-Side Revenues, Capital Markets Revenues, down 43% Y-o-Y up 363% Y-o-Y up 22% Y-o-Y In EGP mn In EGP mn In EGP mn Brokerage Investment Banking Asset Management Private Eq
Slide 9: Brokerage Overview – 3Q2020
Investment Bank Overview Brokerage Overview – 3Q2020 Direct Presence Indirect Presence EGYPT(1) DUBAI ABU DHABI MENA Total Rank Rank Rank Executions: #1 Executions: #1 Executions: #3 Executions $2,197 mn $1,895 mn $1,195 mn 33.4% (down 29% Y-o-Y) Market Share 35.5% (up 50% Y-o-Y) Market Share 21.0%
Slide 10: IB and PE Overview – 3Q2020
Investment Bank Overview IB and PE Overview – 3Q2020 Investment Banking Private Equity Undisclosed Buyer Private Equity AUMs Evolution Securitization Advisory on Advisory on Advisory on In USD bn (Third Issuance) Sale of a 75% Stake in Accelerated Equity Acquisition of a stake in Offering of a 7.1%
Slide 11: Asset Management Overview – 3Q2020
Investment Bank Overview Asset Management Overview – 3Q2020 Egypt Asset Management Regional Asset Management “FIM” Assets Under Management Revenue Breakdown Assets Under Management Revenue Breakdown In EGP bn In EGP mn In USD bn In EGP mn Portfolios Money Market & Fixed Income Egypt Equity Funds Man
Slide 12: Research Overview – 3Q2020
Investment Bank Overview Research Overview – 3Q2020 Research Coverage Universe Awards/Rankings Number of Companies Nigeria Kenya Vietnam Pakistan Kuwait Qatar Others Oman Best Corporate & Investment Best Investment Bank in Egypt UAE Saudi Arabia Egypt Bank in Egypt EMEA Finance 291 292 293 Asia Mone
Slide 13: NBFIs Financial Highlights – 3Q2020
NBFIs Overview NBFIs Financial Highlights – 3Q2020 NBFIs Revenue Breakdown by Platform Leasing Revenues, Tanmeyah Revenues, valU Revenues, Factoring Revenues, up 1% Y-o-Y up 3% Y-o-Y up 410% Y-o-Y up 309% Y-o-Y In EGP mn In EGP mn In EGP mn In EGP mn 27 261 8 39 39 252 5 2 3Q20 3Q19 3Q20 3Q19 3Q20 3
Slide 14: Leasing and Tanmeyah Operational and Financial Overview – 3Q2020
NBFIs Overview Leasing and Tanmeyah Operational and Financial Overview – 3Q2020 KPIs KPIs EGP4.3 bn EGP750 mn EGP4.2 bn EGP2.9 bn 4,727 75,069 Total Outstanding Receivables Value of On-books Total Outstanding Total Staff Total Number of Loans Portfolio New Contracts Outstanding Portfolio Portfolio*
Slide 15: valU Operational and Financial Overview – 3Q2020
NBFIs Overview valU Operational and Financial Overview – 3Q2020 KPIs Factoring Portfolio EGP672 mn EGP294 mn In EGP mn KPIsOn-books On-books 523 Total Outstanding Limits Activated Outstanding Portfolio Portfolio Outstanding ValuePortfolio 369 325 323 Cairo, Alexandria, 49,819 20,955 225 Hurghada, 18
Slide 16: Nine Months Results Review – 9M2020
II. Nine Months Results Review – 9M2020
Slide 17: Group Financial Highlights – 9M2020
Group Overview Group Financial Highlights – 9M2020 EFG Hermes Revenue Breakdown Fees and Commissions Revenue Breakdown Capital Markets & Treasury Operations 35% Leasing, Tanmeyah 5% , 32% Revenue of EGP1,293 mn, up 49% Y-o-Y Private Equity , valU, 3% Regional Operations 42% 19% Of Fees and Commissio
Slide 18: Platforms Financial Highlights – 9M2020
Group Overview Platforms Financial Highlights – 9M2020 EFG Hermes Revenue Breakdown by Platform Investment Bank Revenues NBFIs Revenues Revenues Contribution by Platform up 5% Y-o-Y up 8% Y-o-Y In EGP mn In EGP mn Investment Bank NBFI 2,741 2,606 996 924 9M20 73% 27% 9M20 9M19 9M20 9M19 9M19 74% 26%
Slide 19: Investment Bank Highlights – 9M2020
Investment Bank Overview Investment Bank Highlights – 9M2020 EFG Hermes Revenue Breakdown by Platform Sell-Side Revenues, Buy-Side Revenues, Capital Markets Revenues, down 32% Y-o-Y up 15% Y-o-Y up 49% Y-o-Y In EGP mn In EGP mn In EGP mn Brokerage Investment Banking Asset Management Private Equity 1
Slide 20: Brokerage Operational and Financial Overview – 9M2020
Business Lines Overview Brokerage Operational and Financial Overview – 9M2020 Direct Presence Indirect Presence EGYPT(1) DUBAI ABU DHABI MENA Total Rank Executions: Rank Rank Executions: #1 #1 Executions: #2 Executions $6,018 mn $4,682 mn $3,947 mn (0% Y-o-Y) 40.6% Market Share 33.9% (up 43% Y-o-Y)
Slide 21: AM and PE Operational and Financial Overview – 9M2020
Business Lines Overview AM and PE Operational and Financial Overview – 9M2020 Asset Management Private Equity Asset Management AuMs Evolution Private Equity AuMs Evolution Egypt Regional In EGP bn In USD bn In USD bn 1.7 17.4 2.1 16.3 15.6 1.7 13.0 1.6 1.5 0.9 0.8 0.3 2018 2019 9M19 9M20 2018 2019 9
Slide 22: IB Operational and Financial Overview – 9M2020
Business Lines Overview IB Operational and Financial Overview- 9M2020 Investment Banking EMEA Finance Undisclosed Buyer Securitization Advisory on Advisory on Advisory on Securitization • Best Investment Bank in Egypt (Third Issuance) Acquisition of a stake in Sale of a 75% Stake in Accelerated Equi
Slide 23: NBFIs Financial Highlights – 9M2020
NBFIs Overview NBFIs Financial Highlights – 9M2020 EFG Hermes Revenue Breakdown by Platform Leasing Revenues, Tanmeyah Revenues, valU Revenues, Factoring Revenues, up 4% Y-o-Y up 1% Y-o-Y up 370% Y-o-Y up 167% Y-o-Y In EGP mn In EGP mn In EGP mn In EGP mn 66 129 785 125 780 15 6 14 9M20 9M19 9M20 9M
Slide 24: Leasing and Tanmeyah Operational and Financial Overview – 9M2020
Business Lines Overview Leasing and Tanmeyah Operational and Financial Overview – 9M2020 KPIs KPIs EGP4.3 bn EGP2.1 bn EGP4.2 bn EGP2.9 bn 4,727 229,608 Total Outstanding Receivables Value of On-books Total Outstanding Total Staff Total Number of Loans Portfolio New Contracts Outstanding Portfolio P
Slide 25: valU Operational and Financial Overview – 9M2020
NBFIs Overview valU Operational and Financial Overview – 9M2020 KPIs Factoring Portfolio EGP672 KPIs EGP 3.7bn mn EGP855mn TotalOn-books Total Outstanding Outstanding On-books Limits Activated In EGP mn Outstanding Portfolio Portfolio Portfolio Outstanding ValuePortfolio Cairo, Alexandria, 523 Hurgh
Slide 26: Disclaimer
Disclaimer This confidential document is provided for informational purposes only. It does not constitute an offer to sell or a solicitation of an offer to buy any securities or interests described within it ("Investments") in any jurisdiction. Investors should make decisions to acquire Investments