Market announcement
AS LHV Group
LEI code
529900JG015JC10LED24
Size of the entity
Large group
Economic activities
Financial and Insurance Activities
Industry sector(s)
Credit institution
Country of registered office
Estonia
General information
Categories
Other corporate action
Unique data record identifier
16970
Attachments
Submission date and time
18.02.2025 08:00:11
Content of announcement in Estonian
Title
LHV Groupi tulemused jaanuaris 2025
Message
Tugeva aastalõpu järel oli jaanuar hooajale omaselt LHV jaoks tulemustes tagasihoidlikum. LHV Groupi konsolideeritud laenuportfell vähenes jaanuaris 8 miljoni euro võrra ja klientide hoiuste kogumaht kahanes 15 miljoni euro võrra. LHV juhitud fondide maht vähenes 10 miljoni euro võrra. Finantsvahendajatega seotud makseid tehti jaanuaris 6,6 miljonit. AS LHV Group teenis jaanuaris 9,0 miljonit eurot konsolideeritud puhaskasumit. Tütarettevõtetest AS LHV Panga puhaskasum oli 6,9 miljonit eurot; LHV Bank Ltd teenis 1,4 miljonit eurot puhaskasumit, AS LHV Varahaldus 363 tuhat eurot ja AS LHV Kindlustus 249 tuhat eurot. Veebruaris avalikustatud finantsplaan püsib. LHV Panga laenuportfell kahanes 23 miljoni euro võrra, seejuures kasvasid jaelaenud 27 miljonit eurot, kuid ettevõtete laenud vähenesid ühe kliendi planeeritud laenutagastuse tõttu 50 miljoni euro võrra. Kuigi krediidikvaliteet üldiselt püsis tugevana, mõjutas kuu tulemit ühe kliendi reitingu langusest tulenev lühiajaline allahindluste tõus. 11 miljoni eurone hoiuste kogumahu vähenemine tulenes tavaklientide hoiuste vähenemisest 78 miljoni euro võrra, kuna finantsvahendajate hoiused kasvasid. LHV Panga klientide arv kasvas jaanuaris 4000 võrra. Aasta alguses kuulutas uuringufirma Dive LHV Panga juba üheksandat korda parima teenindusega pangaks Eestis, seda nii telefonikõnede kui ka pangakontori külastuste arvestuses. Ühendkuningriigis toimetava LHV Banki laenude maht jätkas tõusu, kui portfell kasvas jaanuaris 16 miljoni euro võrra, siis heaks kiidetud kuid veel väljastamata laenude summa kerkis 186 miljoni euroni. Platvormidelt kaasati hoiuseid juurde 25 miljoni euro võrra. Jaanuari lõpuks olid LHV Bankis konto avanud esimesed sada jaeklienti, töö jätkub neile mõeldud pakkumise täiendamisega. Banki netotulud olid jaanuaris planeeritust suuremad finantsvahendajate ärisuuna kasvanud tulude tõttu. LHV Varahalduse jaoks algas aasta heade tulemustega. Pensionifondid M, L ja XL tõusid kuuga vastavalt 1,8%, 2,6% ja 3,7%. Indeks kerkis 3,7% ja Roheline 1,3%. Konservatiivsed fondid S ja XS tõusid 1,2% ja 0,7%. Jaanuaris lansseeris LHV Varahaldus uue, kõigile jaeinvestoritele kättesaadava LHV Euro Võlakirjade Fondi, mille osakuid märgiti esmasel avalikul pakkumisel enam kui 1000 investori poolt 9,6 miljoni euro väärtuses. LHV Kindlustusega sõlmisid kliendid jaanuaris 17 500 uut kindlustuslepingut mahuga 6,6 miljonit eurot. Väga head olid müügitulemused sõidukikindlustuse toodetes, kodukindlustuses ja reisikindlustuses. Kahjusid hüvitati 2 miljoni euro summas. Kokkuvõttes oli aasta esimene kuu LHV Kindlustuse jaoks hea kasumlikkusega. AS-i LHV Group aruanded on saadaval aadressil: https://investor.lhv.ee/aruanded. LHV Group on suurim kodumaine finantskontsern ja kapitali pakkuja Eestis. LHV Groupi peamised tütarettevõtted on LHV Pank, LHV Varahaldus, LHV Kindlustus ja LHV Bank Limited. Grupi ettevõtetes töötab üle 1200 inimese. LHV pangateenuseid kasutab jaanuari lõpu seisuga 460 000 klienti, LHV hallatavatel pensionifondidel on 112 000 aktiivset klienti ja LHV Kindlustusega on kaitstud 172 000 klienti. Groupi tütarettevõte LHV Bank omab Ühendkuningriigi pangalitsentsi ning pakub pangateenuseid rahvusvahelistele finantstehnoloogia ettevõtetele ja laenusid väikese ja keskmise suurusega ettevõtetele. Priit Rum LHV kommunikatsioonijuht Telefon: 502 0786 E-post: [email protected] Manus LHV Group 2025-01-ET
Content of announcement in English
Title
LHV Group results in January 2025
Message
After a strong end to year, January’s results, as is customary for the season, were more modest in terms of results for LHV. The consolidated loan portfolio of LHV Group decreased by EUR 8 million in January, and the total volume of clients’ deposits decreased by EUR 15 million. The volume of the funds managed by LHV decreased by EUR 10 million. A total of 6.6 million payments related to financial intermediaries were made over the month. In January, AS LHV Group earned EUR 9 million in consolidated net profit. Among the subsidiaries, the net profit of AS LHV Pank was EUR 6.9 million, while LHV Bank Ltd earned EUR 1.4 million in net profit, AS LHV Varahaldus EUR 363 thousand, and AS LHV Kindlustus EUR 249 thousand. The financial plan, which was disclosed in February, remains. The loan portfolio of LHV Pank decreased by EUR 23 million, with retail loans increasing by EUR 27 million; however, corporate loans decreased by EUR 50 million due to the planned loan repayment of one client. Although credit quality generally remained strong, the result for the month was affected this time by a short-term increase in write-downs due to a decrease in the rating of one client. The decline in the total volume of deposits of EUR 11 million was due to a decrease in the deposits of regular clients by EUR 78 million, as the deposits of financial intermediaries increased. LHV Pank added 4,000 clients to its ranks in January. At the beginning of the year, the research company Dive declared LHV Pank the bank with the best service in Estonia for the ninth time, both in terms of phone calls and visits to a bank branch. The volume of loans from LHV Bank, which operates in the United Kingdom, continued to rise, as the portfolio grew by EUR 16 million in January, while the amount of approved but not yet issued loans rose to EUR 186 million. Additional deposits in the amount of EUR 25 million were raised from deposit platforms. By the end of January, the first 100 retail clients had opened an account with LHV Bank, and work continues to supplement the offer intended for retail customers. The net income of the Bank was higher than planned in January, due to the increased revenues from the financial intermediaries business line. For LHV Varahaldus, the year started with good results. Pension funds M, L, and XL increased by 1.8%, 2.6%, and 3.7%, respectively, over the month. Indeks increased by 3.7% and Roheline 1.3%. Conservative funds S and XS increased by 1.2% and 0.7%, respectively. In January, LHV Varahaldus launched a new LHV Euro Bond Fund available to all retail investors, the units of which were subscribed for in the initial public offering by more than 1,000 investors worth EUR 9.6 million. In January, clients entered into 17,500 new insurance agreements with LHV Kindlustus in the volume of EUR 6.6 million. Sales results were excellent in vehicle insurance products, home insurance, and travel insurance. Losses were compensated in the amount of EUR 2 million. All in all, the first month of the year was profitable for LHV Kindlustus. To access the reports of AS LHV Group, please visit the website at https://investor.lhv.ee/en/reports. LHV Group is the largest domestic financial group and capital provider in Estonia. LHV Group’s key subsidiaries are LHV Pank, LHV Varahaldus, LHV Kindlustus, and LHV Bank Limited. The Group employs over 1,200 people. As at the end of January, LHV’s banking services are being used by 460,000 clients, the pension funds managed by LHV have 112,000 active clients, and LHV Kindlustus protects a total of 172,000 clients. LHV Bank Limited, a subsidiary of the Group, holds a banking licence in the United Kingdom and provides banking services to international financial technology companies, as well as loans to small and medium-sized enterprises. Priit Rum Communications Manager Phone: +372 502 0786 Email: [email protected] Attachment LHV Group 2025-01-EN