Hypoport Se · XETR:HYQ
Hypoport — 9M 2013 Earnings Presentation
25 slides from Hypoport's earnings presentation, Nov 4, 2013
Slide 1: Confirmed outlook in face of adverse environment
Confirmed outlook in face of adverse environment Financial figures as of 30th September 2013 4th November 2013 © 2013 Hypoport AG
Slide 2: Contents
Contents Financial figures 9M 2013 1. Market environment 2. Performance of business units 3. Overview of key performance indicators 4. Hypoportʼs shares 5. Outlook
Slide 3: Further rise in interest rates followed by sideways motion characterise third quarter
Further rise in interest rates followed by sideways motion characterise third quarter Interest rate trends of important segments since 2007 6% ECB central rate Guaranteed interest of insurances DGZF 10-years 5% 4% 3 Financial figures 9M 2013 3% 2% 1% 2007 2008 2009 2010 2011 2012 2013
Slide 4: Business units are affected negatively by current crisis
2 of 3 business units are affected negatively by current crisis Influence of macro-economic environment on Hypoportʼs business models 4 Financial figures 9M 2013
Slide 5: Diversified business models encounter differentiated environment
Diversified business models encounter differentiated environment Development of market environment compared to fiscal year 2012 Private financing Private Insurance 5 Financial figures 9M 2013 Simple Bausparen bank products Commercial financing
Slide 6: Contents
Contents Financial figures 9M 2013 1. Market environment 2. Performance of business units 3. Overview of key performance indicators 4. Hypoportʼs shares 5. Outlook
Slide 7: Three business units – one enterprise: Private Clients
Three business units – one enterprise Business unit Private Clients 7 Financial figures 9M 2013
Slide 8: Strong development in mortgage finance
Strong development in mortgage finance Key figures of the business unit Private Clients Transaction volume: loan brokerage (billon €) CAGR CAGR 28% 19% 4.59 Considerable 19% rise of transaction 4.05 3.86 3.41 volume “loan brokerage“. 3.11 2.19 22% increase of transaction volume “loan brokerage“, the
Slide 9: High dynamics apart from private health insurance
High dynamics apart from private health insurance Key figures of product segment insurance (business unit Private Clients) Transaction volume: insurance (million €) CAGR CAGR Transaction volume „insurance“ rises by 30% 17% 17%. However, growth rates cannot be 27.5 reached on yearly basis due to mark
Slide 10: Weak market environment for simple financial service products
Weak market environment for simple financial service products Key figures of product segment „Simple banking and insurance products“ (business unit Private Clients) Decline of lead number by 39% to 2.5 million. Weak business for simple financial service products (e. g. call money), 10 because suppli
Slide 11: Growth of franchise organisation continues
Growth of franchise organisation continues Lead generation and cross-channeling: private clients Online sales Self-explanatory financial products, e. g. current accounts, car insurances Branch-based sales: Number of advisors 883 Franchise sales 759 11 643 Financial figures 9M 2013 544 Leads 431 Advi
Slide 12: Business unit returns to profit zone
Business unit returns to profit zone Key figures of the business unit Private Clients Revenue CAGR 17% (million €) 42.7 36.6 Ongoing positive trend in mortgage finance. Situation remains very difficult for insurance 9M 2012 9M 2013 industry because of pension products suffering from low interest and
Slide 13: Three business units – one enterprise: Financial Service Providers
Three business units – one enterprise Business unit Financial Service Providers 13 Financial figures 9M 2013
Slide 14: Transaction volume of EUROPACE
0 1 2 3 4 5 6 7 8 9 billion € Q1 2002 Q2 2002 Q3 2002 2002 Q4 2002 Q1 2003 Q2 2003 Q3 2003 2003 Q4 2003 Q1 2004 Q2 2004 Mortgage loans Q3 2004 2004 Q4 2004 Q1 2005 Q2 2005 Transaction volume of EUROPACE Q3 2005 2005 Q4 2005 Q1 2006 Q2 2006 8.6 billion € in Q3 – new optimum! Personal loans Q3 2006 20
Slide 15: GENOPACE – Market place for the cooperative banking group
GENOPACE – Market place for the cooperative banking group Accelerated partner recruitment compared to previous year Number of partners Pleasant transaction development in third quarter. 13 of the top 25 cooperative banks are 15 partners of GENOPACE. Financial figures 9M 2013 High investments and lon
Slide 16: FINMAS – Financial market place for savings banks
FINMAS – Financial market place for savings banks Accelerated partner recruitment compared to previous year Number of partners Transaction results top expectations. 12 of the top 25 savings banks are partners of FINMAS. High investments and long sales cycle 16 for recruiting new partners and Financi
Slide 17: Appealing platform functionalities ensure loyalty of existing partners
Appealing platform functionalities ensure loyalty of existing partners / attract new ones Key figures of the business unit Financial Service Providers CAGR Revenue* 27% (million €) 23.8 18.7 Exceptional development of transaction volume supports positive earnings development. 9M 2012 9M 2013 Due to
Slide 18: Three business units – one enterprise: Institutional Clients
Three business units – one enterprise Business unit Institutional Clients 18 Financial figures 9M 2013
Slide 19: Business trend follows successful years due to successful enhancements
Business trend follows successful years due to successful enhancements Key figures of the business unit Institutional Clients Volume of brokered loans CAGR (million €) -27% Most successful quarter of company history. 530 258 Renewals Business trend follows normal volatility. New business 1,051 1.051
Slide 20: Contents
Contents Financial figures 9M 2013 1. Market environment 2. Performance of business units 3. Overview of key performance indicators 4. Hypoportʼs shares 5. Outlook
Slide 21: Best quarterly result of company history despite highly uncertain market environment
Best quarterly result of company history despite highly uncertain market environment Summary of Hypoport‘s key figures as of 30st September 2013 Revenue* Equity Number of employees (million €) (million €) (ø) +20% +12% +8% 75.7 33.5 564 62.9 29.8 521 21 Financial figures 9M 2013 9M 2012 9M 2013 2012
Slide 22: Contents
Contents Financial figures 9M 2013 1. Market environment 2. Performance of business units 3. Overview of key performance indicators 4. Hypoportʼs shares 5. Outlook
Slide 23: Trading volume and share price still on low level
Trading volume and share price still on low level Share price in the first nine months of 2013 and breakdown of shareholders as of 30th September 2013 Number of shares: 6,194,958 Revenia GmbH (Ronald Slabke, CEO) Kretschmar Familienstiftung Basic data 36.8% 34.8% ISIN DE 000 549 3365 Deutsche Postba
Slide 24: Contents
Contents Financial figures 9M 2013 1. Market environment 2. Performance of business units 3. Overview of key performance units 4. Hypoportʼs shares 5. Outlook
Slide 25: Growth and profitability: Outlook for 2013
Growth and profitability Outlook for 2013 We will continue to pursue our strategy of acquiring additional market shares in all business units. At the same time we increasingly use the positions we gained to improve our profitability. Main focus for the B2B financial market place is an increased pene