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
9045
Attachments
Submission date and time
14.09.2021 08:00:00
Content of announcement in Estonian
Title
LHV Groupi tulemused augustis 2021
Message
LHV Group teenis augustis konsolideeritult 5 miljonit eurot puhaskasumit. LHV Pank teenis puhaskasumit 5,3 miljonit eurot, sellest 1,2 miljonit Ühendkuningriigi filiaaliga seotud klientide teenindamisest, ja LHV Varahaldus 0,4 miljonit eurot. LHV Kindlustuse puhaskahjumiks kujunes augustis 0,1 miljonit eurot. Grupi konsolideeritud hoiuste maht kasvas augustis 268 miljoni euro võrra, laenuportfell kasvas 30 miljoni euro võrra ja LHV juhitud fondide maht 11 miljoni euro võrra. Augustis ulatus panga finantsvahendajatest klientidega seotud töödeldud maksete arv 2 miljonini. Panga tulemusi mõjutasid intressitulud ja klientide kasvav aktiivsus. Pangaklientide arv kasvas kuuga 5000 võrra, seejuures arveldavate klientide hulk 1900 võrra. Jätkuvalt hea krediidikvaliteediga laenuportfelli kasvust moodustasid 20 miljonit eurot ettevõtete laenud ja 10 miljonit eurot jaelaenud. Valdav osa hoiuste kasvust tulenes finantsvahendajate hoiustest. Varahalduse tulemused kujunesid finantsplaanist prognoositust paremaks. Septembri esimestel päevadel jõudis kohale pensionireformi mõju, mis vähendab nii fondide mahtu kui ka II pensionisamba klientide arvu viiendiku võrra. Samas jääb reformi negatiivne mõju oodatust tagasihoidlikumaks. Septembri algusest taastusid ka riigipoolsed maksed II sambas jätkavatele klientidele. Kindlustuse vaates jätkus müügimahtude ja klientide arvu kasv. Rahulolu kahjukäsitlusega püsib kõrgel tasemel. Augustis viis LHV Group lõpule investeeringu Ühendkuningriigi panka Bank North. 4,455 miljoni naela eest omandas LHV ettevõttes 9,9% osaluse. Reitinguagentuur Moody's Investors Service väljastas AS-i LHV Group pikaajalistele kohalikus valuutas kohustustele emitendi reitingu Baa3 positiivse väljavaatega. Reiting annab LHV Groupile parema ligipääsu rahvusvahelistelt kapitaliturgudelt rahastuse kaasamiseks. Lisaks sõlmis LHV augustis lepingu koostöö alustamiseks iduettevõttega eAgronom, kelle abil plaanib LHV korvata kontoritegevuse vältimatuid negatiivseid keskkonnamõjusid. LHV-l on eesmärk muuta kontoritegevused 2022. aastaks kliimaneutraalseks. 23. augustil toimus AS-i LHV Group erakorraline aktsionäride üldkoosolek, mis otsustas suurendada ettevõtte aktsiakapitali täiendavate lihtaktsiate väljalaskmise teel. Grupi kapitalistruktuuri tugevdamiseks ja LHV edasise kasvu toetamiseks korraldatav aktsiapakkumine toimub 15.-29. septembril. AS-i LHV Group aruanded on saadaval aadressil: https://investor.lhv.ee/aruanded (https://www.globenewswire.com/Tracker?data=stKrYdQw8VzOuhZEQvPKHgiOP5rbE7HUSZs7 mCE3QjNS7G2px5fHIj0OuQGzFxq-9nl5KsoZ-EspAy3Jx6NfE-aXt6dKbO-Lo34iv6qnE2C- 686txqjE4PU7AI8zIRfWgrKItuyOY6sIAuXQpGDZoz3j1AFqzHA3XI1zfffgm3IjUHg9Nqp_Q3Zc513V qSU9sJl3cTkyI0jlniwAv48XiLQ8ppsYOSyFhKOGtzBdJlr72ilqS6i_l0muMN73ILic- BwwYxlGHaxnMLrrH8FoRQXQv0J2JTPbUvQ2Hwa9OrEYeHeWssuR7Te4Ob0cwp_h). LHV Group on suurim kodumaine finantskontsern ja kapitali pakkuja Eestis. LHV Groupi peamised tütarettevõtted on LHV Pank, LHV Varahaldus ja LHV Kindlustus. LHV-s töötab üle 620 inimese. LHV pangateenuseid kasutab augusti lõpu seisuga 295 000 klienti, LHV hallatavatel pensionifondidel on 175 000 aktiivset klienti ja LHV Kindlustusega on kaitstud 136 000 klienti. LHV Ühendkuningriigi filiaal pakub panganduse taristut enam kui 170 rahvusvahelisele finantsteenuste ettevõttele, mille kaudu jõuavad LHV makseteenused klientideni üle terve maailma. Priit Rum LHV kommunikatsioonijuht Telefon: 502 0786 E-post: [email protected] (mailto:[email protected])
Content of announcement in English
Title
LHV Group results for August 2021
Message
In August, LHV Group earned EUR 5 million in consolidated net profit. LHV Pank earned EUR 5.3 million in net profit, EUR 1.2 million of which was from serving clients associated with the United Kingdom branch, and EUR 0.4 million from LHV Varahaldus. LHV Kindlustus generated a net loss of EUR 0.1 million in August. The Group's consolidated volume of deposits grew by EUR 268 million in August, with its loan portfolio growing by EUR 30 million and the volume of funds managed by LHV growing by EUR 11 million. In August, the number of payments processed in relation to clients who are financial intermediaries reached 2 million. The results of the bank were affected by interest income and the growing activity of clients. The bank added 5,000 clients within the month, with the number of clients who use settlements growing by 1,900. Of the growth of the loan portfolio that has continuously good quality, EUR 20 million was on account of corporate loans, and EUR 10 million on account of retail loans. The majority of the growth of deposits originated from the deposits of financial intermediaries. The results of Varahaldus turned out to be ahead of that forecast in the financial plan. In the first days of September, the effect of the pension reform was also felt, which decreased the volume of funds and the number of clients of the II pillar by a fifth. At the same time, the negative effect of the reform remains more modest than expected. From the beginning of September, contributions by the state for persons continuing with the II pillar also recovered. In terms of insurance, the growth of sales volumes and clients continued. Satisfaction with claims handling remains at a high level. In August, LHV Group finished its investment in Bank North of the United Kingdom. For GBP 4.455 million, LHV acquired a 9.9% share in the company. Rating agency Moody's Investors Service assigned AS LHV Group a Baa3 long-term local currency issuer rating with a positive outlook. The rating gives LHV Group better access to raising funds from international capital markets. In addition, in August, LHV entered into a cooperation contract with the start- up company eAgronom, with whom LHV intends to offset the unavoidable negative environmental impacts of office activities. LHV aims to make its office activities climate neutral by 2022. An extraordinary general meeting of shareholders of AS LHV Group was held on 23 August, in which it was decided to increase the company's share capital by means of issuing additional ordinary shares. The share offering, intended to strengthen the Group's capital structure and support the further growth of LHV, is held from 15 to 29 September. AS LHV Group reports are available 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, and LHV Kindlustus. LHV employs over 620 people. As at the end of August, LHV's banking services are used by 295,000 clients, the pension funds managed by LHV have 175,000 active clients, and LHV Kindlustus protects a total of 136,000 clients. LHV's UK branch offers banking infrastructure to 170 international financial services companies, via which LHV's payment services reach clients around the world. Priit Rum LHV Communication Manager Phone: +372 502 0786 Email: [email protected] (mailto:[email protected])