Anima Holding SpA
MIL:ANIM

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Anima Holding SpA
MIL:ANIM
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Price: 6.035 EUR -0.58% Market Closed
Market Cap: 1.9B EUR

Anima Holding SpA
Investor Relations

Amid the intricate backdrop of Italian finance, Anima Holding SpA has emerged as a key player, weaving its narrative through strategic asset management. Born out of a series of mergers and acquisitions, the company has its roots deeply embedded in the Italian financial services sector. As a leading independent asset management operator, Anima offers a broad range of products and services, capturing attention with its mix of mutual funds, open pension funds, and institutional mandates. These offerings are meticulously constructed, appealing to both retail and institutional investors in search of lucrative returns. Anima's collaboration with prominent banking networks and financial advisors establishes its robust distribution strength, expanding its reach across the Italian landscape.

The revenue engine of Anima Holding is meticulously designed, pulsing through management fees derived from its diverse portfolio of assets under management (AUM). This is augmented by performance fees tied to the superior returns of its investment products. Furthermore, a keen emphasis on cost management combined with a strong attention to market trends underpins its profitability. By continually fine-tuning its investment strategies and broadening its channel of distribution, Anima not only sustains its competitive edge but also ensures stability and growth. In a challenging market environment, Anima Holding SpA persists as a beacon of financial acumen and adaptability, charting its course through Italy's economic landscape.

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Last Earnings Call
Fiscal Period
Q1 2024
Call Date
May 6, 2024
AI Summary
Q1 2024

Strong Q1 Performance: Anima reported a very positive first quarter, with retail net inflows at their strongest in years and solid revenue growth, supported by performance fees and recurring revenues.

Revenue & Profit Growth: Net revenues were approximately EUR 122 million, up 51% year-on-year, with EBITDA up 60% and net income up 75% compared to Q1 2023.

Margin Stability: EBITDA margin reached 66%, and average asset profitability is slightly increasing, supported by higher-margin bond products and operational resilience.

Kairos Acquisition: The acquisition of Kairos, with EUR 4.7 billion in assets, has been completed and is expected to drive growth by expanding into new client segments and leveraging cross-company synergies.

Shareholder Returns: The company formalized an enhanced shareholder remuneration policy, aiming to distribute 75% of group net income over five years via dividends and buybacks, including a new EUR 40 million buyback program.

Positive April Trends: April saw continued strong net inflows on the retail side and positive performance fees, with good contributions from banking partners and institutional mandates.

Key Financials
Assets Under Management
EUR 194 billion
Net Revenues
EUR 122 million
EBITDA
EUR 93 million
Net Income
EUR 53 million
EBITDA Margin
66%
Dividend Payout Ratio
50% of group net income (floor)
Buyback Program
EUR 40 million
Kairos Assets Under Management
EUR 4.7 billion
Earnings Call Recording
Other Earnings Calls
2024
2022
2021
2018

Management

Mr. Alessandro Melzi D'Eril
CEO, GM & Director
No Bio Available
Mr. Marco Pogliani
Group Chief Financial Officer
No Bio Available
Mr. Francesco Betti
Group Chief Risk Officer
No Bio Available
Mr. Massimo Merante
Head of Organisation & Change Management
No Bio Available
Mr. Philippe Minard
CEO & Investments Director of Anima Alternative Sgr
No Bio Available
Mr. Giampiero Schiavo
CEO of Anima Alternative Sgr & CEO of Castello Sgr
No Bio Available
Mr. Alberto Castelli
Chief Executive Officer of Kairos Partners Sgr
No Bio Available
Mr. Davide Gatti
Head of Sales Division of ANIMA Sgr
No Bio Available
Mr. Emanuele Patti
Head of Operations Division - ANIMA Sgr
No Bio Available
Mr. Claudio Tosato
Head of Product Division - ANIMA Sgr
No Bio Available

Contacts

Address
MILANO
Milan
Corso Giuseppe Garibaldi, 99
Contacts
+3902635361.0
www.animasgr.it