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
9734
Attachments
Submission date and time
09.08.2022 08:00:00
Content of announcement in Estonian
Title
LHV Groupi tulemused juulis 2022
Message
AS LHV Group teenis käesoleva aasta juulis konsolideeritult 5,3 miljonit eurot puhaskasumit. AS LHV Pank teenis juulis 6,6 miljonit eurot puhaskasumit, sellest 0,7 miljonit eurot Ühendkuningriigi filiaaliga seotud klientide teenindamisest. AS LHV Varahalduse puhaskasumiks kujunes 0,3 miljonit eurot. AS-i LHV Kindlustus puhaskahjum oli juulis 38 000 eurot ning LHV UK Limitedi puhaskahjum ulatus juulis 0,9 miljoni euroni. Juulikuu finantstulemusi mõjutasid hea kasv panga intressituludes, kuid ka laenuportfelli hea kvaliteet, mistõttu on allahindlused plaanitust väiksemad püsinud. LHV Groupi konsolideeritud laenuportfell suurenes juulis 40 miljoni euro võrra: ettevõtete laenumahud suurenesid 15 miljoni euro võrra ja jaelaenude maht 25 miljoni euro võrra. Konsolideeritud hoiused vähenesid 54 miljoni euro võrra, seejuures vähenes maksevahendajate hoiuste maht 109 miljoni euro võrra, kuna tavaklientide hoiused kasvasid kuuga 55 miljoni euro võrra. LHV juhitud fondide maht kasvas kuuga 45 miljoni euro võrra. Juulis töödeldi 2 miljonit finantsvahendajatest klientidega seotud makset. Pangaklientide arv suurenes juulis 3800 võrra, samas jäi klientide aktiivsus suve keskpaigale omaselt tagasihoidlikuks. Panga intressitulu on heal tasemel ja teenustasutulud on paranemas. Puhaskasumi osas on panga tulemused finantsplaanile lähenemas. Juulis kuulutas rahvusvaheline ajakiri Euromoney LHV Panga taaskord Eesti parimaks pangaks. Varahalduse jaoks oli juuli positiivne. Kõikide suuremate pensionifondide jaoks oli tegemist positiivse kuuga: pensionifondide M, L ja XL tootluseks kujunes vastavalt 1,1%, 2,2% ja 3,1%. II pensionisambast väljumiseks tehtud avalduste arv jäi viimasel hooajal varasemast madalamaks, lahkuvaid kliente oli vähem, kui lisandus uusi kliente. Kuigi tulud vastasid juulis plaanile, jääb varahaldus siiski finantsplaanist kasumi osas maha. LHV Kindlustuse ärimahtude kasv jätkub ning ettevõte näitas juulis väga häid müügitulemusi. Sõlmiti 12,4 tuhat kindlustuslepingut mahuga 1,8 miljonit eurot. Preemiate osas edestatakse finantsplaani ning rahulolu kahjukäsitluse kvaliteediga on jätkuvalt kõrgel tasemel. Ettevõtte efektiivsus on paranemas. Samas on endiselt tavapärasest kõrgem reisitõrke kahjude arv. Kokkuvõtvalt grupi puhaskasumi mahajäämus finantsplaanist eelmise kuuga võrreldes vähenes ja oli juuli lõpus 3,2 miljoni eurot. Plaan püsib. Juuli alguses viidi edukalt lõpule LHV Groupi aktsiate jagunemise protsess, mille eesmärk oli parandada investorite jaoks ligipääsu aktsiale ja aktsia likviidsust. LHV aktsionäride arv on ületanud 28 000 piiri. AS-i LHV Group aruanded on saadaval aadressil: https://investor.lhv.ee/aruanded (https://www.globenewswire.com/Tracker?data=1mk0aw4ixEIwiARLjdtJfQnL8EkRu4hGu- DurCz2gw_WQCUyvLPJyNCa848AWmc3uErCvueuQpUkm2aRAauMXUiTpmh8Fd4QgbEr4eqtBkOGWHGg1N FQBhL7gMCB1XqE). LHV Group on suurim kodumaine finantskontsern ja kapitali pakkuja Eestis. LHV Groupi peamised tütarettevõtted on LHV Pank, LHV Varahaldus ja LHV Kindlustus. Grupi ettevõtetes töötab üle 820 inimese. LHV pangateenuseid kasutab juuli seisuga 354 000 klienti, LHV hallatavatel pensionifondidel on 132 000 aktiivset klienti ja LHV Kindlustusega on kaitstud 149 000 klienti. LHV Ühendkuningriigi filiaal pakub panganduse taristut enam kui 200 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 in July 2022
Message
AS LHV Group generated a consolidated net profit of EUR 5.3 million in July this year. AS LHV Pank generated a net profit of EUR 6.6 million in July, of which EUR 0.7 million was from servicing clients related to the United Kingdom branch. The net profit of AS LHV Varahaldus was EUR 0.3 million. AS LHV Kindlustus had a net loss of EUR 38,000 in July and LHV UK Limited had a net loss of EUR 0.9 million in July. July's financial results were driven by decent growth in the bank's interest income, but also by the good quality of the loan portfolio, which has kept write-downs lower than planned. LHV Group's consolidated loan portfolio increased by EUR 40 million in July, with corporate loans up by EUR 15 million and retail loans up by EUR 25 million. Consolidated deposits decreased by EUR 54 million, with deposits from payment intermediaries falling by EUR 109 million as deposits from regular clients increased by EUR 55 million over the month. The volume of funds managed by LHV increased by EUR 45 million over the month. In July, 2 million payments from financial intermediary clients were processed. The number of bank clients increased by 3,800 in July, while client activity remained modest, typical for mid-summer. The bank's interest income is at a good level and fee and commission income is improving. In terms of net profit, the bank's results are approaching the financial plan. In July, the international magazine Euromoney once again named LHV Pank the best bank in Estonia. For LHV Varahaldus, July was positive. It was a positive month for all major pension funds, with M, L, and XL pension funds having a rate of return of 1.1%, 2.2%, and 3.1%, respectively. The number of applications to leave the II pillar remained lower than in the previous season, with fewer clients leaving than new clients joining. Although revenues were in line with the plan in July, LHV Varahaldus still falls short of the financial plan in terms of profit. The business volumes of LHV Kindlustus continue to grow and the company delivered a very good sales performance in July. A total of 12.4 thousand insurance contracts were signed, with a volume of EUR 1.8 million. Premiums are ahead of the financial plan and satisfaction with the quality of claims handling remains high. The company's efficiency is improving. At the same time, the number of travel losses remains higher than usual. All in all, the shortfall of EUR 3.2 million from the financial plan decreased compared to the previous month. The plan remains. At the beginning of July, the LHV Group's share split process was successfully completed, with the aim of improving investor access and share liquidity. The number of LHV shareholders has exceeded 28,000. 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, and LHV Kindlustus. The Group employs more than 820 people. As of July, LHV's banking services are being used by 354,000 clients, the pension funds managed by LHV have 132,000 active clients, and LHV Kindlustus protects a total of 149,000 clients. LHV's UK branch offers banking infrastructure to 200 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])