Upload
8001800
View
223
Download
0
Embed Size (px)
Citation preview
7/27/2019 (11)Q2 .pdf
1/27
1
Results for the first Half of 2008Results for the first Half of 2008ZZrichrich, 29. J uly 2008, 29. J uly 2008
7/27/2019 (11)Q2 .pdf
2/27
2
1. Halbjahr 2008
2. Quartal 2008
Neue Dienstleistungen
Bilanz
Komplette Kennzahlen
AgendaAgenda
7/27/2019 (11)Q2 .pdf
3/27
3
First Half 2008First Half 2008
7/27/2019 (11)Q2 .pdf
4/27
4
0
20'000
40'000
60'000
80'000
100'000
120'000
H1 2005 H1 2006 H1 2007 H1 2008
Trading Clients
CHF millio n
Accelerated client growthAccelerated client growth
35,5% 35,5% client growth compared to
same period last year
12600 new trading clients in thefirst half of 2008
Additional 771 clients with saving
accounts
More than 100 new clients perday
Ambitious growth target of25000
new clients in 2008 maintained
Several thousands savingaccounts by the end of the year
7/27/2019 (11)Q2 .pdf
5/27
5
164
491
616.6
739.3
0
100
200
300
400
500
600
700
800
H1 2005 H1 2006 H1 2007 H1 2008
Net New Monies
CHF millio n
19,9% higher inflow of Assets over2007
740 million record net new moniesin the first half
Goal for 2008: 1.2 Billion net newmonies
5.9 million net inflow of new moniesper day
Growth with quality. Clients arebringing more assets.
Record net new moniesRecord net new monies
19,9%
7/27/2019 (11)Q2 .pdf
6/27
6
Revenues & profitability maintained despite market turmoilRevenues & profitability maintained despite market turmoil
0
10'000
20'000
30'000
40'000
50'000
60'000
H1 2005 H1 2006 H1 2007 H1 2008
Net Revenues
CHF milli on
0
5'000
10'000
15'000
20'000
25'000
30'000
H1 2005 H1 2006 H1 2007 H1 2008
Net Profit
CHF milli on
54.6 million revenues in the firsthalf at 2007 levels
Lower activity compensated bystrong client growth
0,1%
-9.0%
Profits down by 9% due to highermarketing expenditures andrelocating costs
Net profit of 22.3 million
Operating profit margin: 51.9%,Net profit margin: 40.8%
7/27/2019 (11)Q2 .pdf
7/27
7
H1H1--20072007
+0.1%+0.1%
--9.0%9.0%
+36.5%+36.5%
--2.5%2.5%
+0.1m+0.1m
--2.2m2.2m
+27+27867867
--141m141m
+25.2%+25.2%+27.4m+27.4m
54.6m54.6m
22.3m22.3m
104104247247
55508m508m
136.3m136.3m
--7.4%7.4%--2.3m2.3m28.3m28.3m
H1H1--20082008
RevenuesRevenues
Net profitNet profit
ClientsClients
Assets u. custodyAssets u. custody
EquityEquity
Operating profitOperating profit
Key figures for first Half of 2008 (compared with previous year)Key figures for first Half of 2008 (compared with previous year)
7/27/2019 (11)Q2 .pdf
8/27
8
Second quarter 2008Second quarter 2008
7/27/2019 (11)Q2 .pdf
9/27
9
020406080100120140160
180200220240260280300
320340360
200002500030000350004000045000500005500060000
65000700007500080000850009000095000
100000105000110000
janv..
03
avr..
03
juil..
03
oct..0
3
janv..
04
avr..
04
juil..
04
oct..0
4
janv..
05
avr..
05
juil..
05
oct..0
5
janv..
06
avr..
06
juil..
06
oct..0
6
janv..
07
avr..
07
juil..
07
oct..0
7
janv..
08
avr..
08
juil..
08
Total Accounts [T,C,M] Requests
Ongoing accelerated growthOngoing accelerated growth
7/27/2019 (11)Q2 .pdf
10/27
10
5782
771
0
1'000
2'000
3'000
4'000
5'000
6'000
7'000
8'000
9'000
Q3-05
Q4-05
Q1-06
Q2-06
Q3-06
Q4-06
Q1-07
Q2-07
Q3-07
Q4-07
Q1-08
Q2-08
Saving Client Growth
Trading Client Growth
Higher client growth since 2007Higher client growth since 2007
7/27/2019 (11)Q2 .pdf
11/27
11
1'500
2'000
2'500
3'000
3'5004'000
4'500
5'000
5'500
6'000
6'500
Q3-05
Q4-05
Q1-06
Q2-06
Q3-06
Q4-06
Q1-07
Q2-07
Q3-07
Q4-07
Q1-08
Q2-08
CHF million
Customer assets increase by 2.9% ...Customer assets increase by 2.9% ...
7/27/2019 (11)Q2 .pdf
12/27
12
414.4
324.9
0
50
100
150
200
250
300
350
400
450
Q3-05
Q4-05
Q1-06
Q2-06
Q3-06
Q4-06
Q1-07
Q2-07
Q3-07
Q4-07
Q1-08
Q2-08
CHF m
thanks to 325 million net assets inflow in the 2nd quarterthanks to 325 million net assets inflow in the 2nd quarter
7/27/2019 (11)Q2 .pdf
13/27
13
0.0
5.0
10.0
15.0
20.0
25.0
30.0
35.0
0
1'000
2'000
3'000
4'000
5'000
6'000
7'000
8'000
9'000
Q3-05
Q4-05
Q1-06
Q2-06
Q3-06
Q4-06
Q1-07
Q2-07
Q3-07
Q4-07
Q1-08
Q2-08
darts tpcpy
Daily average revenue transactions (darts) stableDaily average revenue transactions (darts) stable
7/27/2019 (11)Q2 .pdf
14/27
14
Transactions per client per year at the lower end of ourTransactions per client per year at the lower end of our bandwithbandwith
0
5
10
15
20
25
30
35
40
45
50
01
.oct.
0
1.n
ov.
0
1.d
c.
0
1.j
anv.
0
1.f
vr.
01
.mars
01
.avr.
01
.ma
i
01
.ju
in
01
.ju
il.
0
1.a
ot
01
.sept.
Trades per client per year
7/27/2019 (11)Q2 .pdf
15/27
15
Lower operating costs per clientLower operating costs per client
144 147 146 145 135 125 124 135 128 120104 98 97
26 29 29 30 31 27 32 28 27 37 30 25 22
235
277295
373
325
285
341
403376
348325
293268
0
50
100
150
200
250
300
350
400
450
Q2-05
Q3-05
Q4-05
Q1-06
Q2-06
Q3-06
Q4-06
Q1-07
Q2-07
Q3-07
Q4-07
Q1-08
Q2-08
Costs Marketing Revenues
7/27/2019 (11)Q2 .pdf
16/27
16
Stable revenue margins at 2%Stable revenue margins at 2%
0
50
100
150
200
250
0
1'000
2'000
3'000
4'000
5'000
6'000
7'000
Q3
-05
Q4
-05
Q1
-06
Q2
-06
Q3
-06
Q4
-06
Q1
-07
Q2
-07
Q3
-07
Q4
-07
Q1
-08
Q2
-08
Assets under Custody Asset Margin
7/27/2019 (11)Q2 .pdf
17/27
17
Revenues influenced by market turmoilRevenues influenced by market turmoil
0
2'500
5'000
7'500
10'000
12'50015'000
17'500
20'000
22'500
25'000
27'500
30'000
32'500
Q3-05
Q4-05
Q1-06
Q2-06
Q3-06
Q4-06
Q1-07
Q2-07
Q3-07
Q4-07
Q1-08
Q2-08
Operating Profit
Quarterly Revenues
7/27/2019 (11)Q2 .pdf
18/27
18
Q1Q1--20082008
--2.2%2.2%
--6.4%6.4%
+6.7%+6.7%
+2.9%+2.9%
--0.6m0.6m
--0.7m0.7m
+6+6553553
+154m+154m
+0.7%+0.7%+1.0m+1.0m
27.0m27.0m
10.7m10.7m
104104247247
55508m508m
136.3m136.3m
--6.6%6.6%--1.0m1.0m13.6m13.6m
Q2Q2--20082008
Key figures for 2Key figures for 2ndnd quarter 2008 (compared with previous quarter)quarter 2008 (compared with previous quarter)
RevenuesRevenues
Net profitNet profit
ClientsClients
Assets u. custodyAssets u. custody
EquityEquity
Operating profitOperating profit
7/27/2019 (11)Q2 .pdf
19/27
19
New products and servicesNew products and services
FXBook, the Forex platform from Swissquote
The dynamic saving account Swissquote iPhone Application
7/27/2019 (11)Q2 .pdf
20/27
20
FXBookFXBook, the, the ForexForex platform from Swissquoteplatform from Swissquote
Successful launch of the newForex platform (1st April 2008)
Strong growth
Since launch the platformexecutes a daily volume ofapprox USD 150 million
~700 transactions per day
Generates revenues of CHF10000 per day
Trading results increased by28.5% to CHF 2.4 million.
7/27/2019 (11)Q2 .pdf
21/27
21
The dynamic saving accountThe dynamic saving account
Successful start of our savingaccount strategy(15. Mai 2008)
Strong growth
Daily assets inflow of approx CHF0,4 million
At 22ndJ uly 18 million in total and1000 clients.
7/27/2019 (11)Q2 .pdf
22/27
22
SwissquoteSwissquote iPhoneiPhone applicationapplication
Genuine iPhone application forthe new 3G iPhone
Exhaustive financial portal forthe Swiss market
7/27/2019 (11)Q2 .pdf
23/27
23
Online trading interface withSwissquote Bank
Can be downloaded free ofcharge from any iTunesApplication store.
SwissquoteSwissquote iPhoneiPhone applicationapplication
7/27/2019 (11)Q2 .pdf
24/27
24
Balance SheetBalance Sheet
7/27/2019 (11)Q2 .pdf
25/27
25
Balance sheet per 31Balance sheet per 31stst March 2008March 2008
[CHF m] 30 June 2008 31 Dec. 2007 Change %
ASSETS
Cash & deposits 1,138.8 1,103.2 35.6 3.1%
Loans to customers 89.3 93.4 (4.1) -4.6%
Investment securities 69.4 72.3 (2.9) -4.2%
Property & systems 30.6 28.7 1.9 6.2%Other assets 24.8 13.4 11.4 46.0%
Total assets 1,352.9 1,311.0 41.9 3.1%
LIABILITIES AND EQUITY
LiabilitiesDue to customers 1,168.0 1,143.6 24.4 2.1%
Other liabilities 48.6 40.9 7.7 15.8%
Total liabili ties 1,216.6 1,184.5 32.1 2.6%
Equity
Ordinary shares 2.9 7.3 4.4- -151.7%
Reserves & retained earnings 149.9 133.0 16.9 11.3%
Treasury shares (16.5) (13.8) (2.7) 16.4%
Total equity 136.3 126.5 9.8 7.2%
Total liabilities and equity 1,352.9 1,311.0 41.9 3.1%
7/27/2019 (11)Q2 .pdf
26/27
26
Key figuresKey figures
7/27/2019 (11)Q2 .pdf
27/27