H1 2023
RESULTS
Strong Financial Performance, Strategic Delivery on track
HARGREAVES LANSDOWN
H1 2023 RESULTS
HIGHLIGHTS OF H1
Chris Hill, CEO
STRONG H1 2023 FINANCIAL PERFORMANCE
Amy Stirling, CFO
DELIVERING OUR STRATEGY
Chris Hill, CEO
Q&A
Chris Hill, CEO & Amy Stirling, CFO
Hargreaves Lansdown
2
STRONG FOUNDATIONS LAID IN CHALLENGING MARKETS
Strong financial results
Strategic Execution on track
Continued focus on clients
- H1 Underlying Profit up 30%
- Return of higher NIM drives revenue
- Executing against our plan
- Building strong foundations
- Ongoing inflation
- Active Savings offers market leading rates
- Low consumer and investor confidence
Hargreaves Lansdown
3
STRONG H1 FINANCIAL PERFORMANCE
Assets and flows reflect diversified platform
AUA (£bn) Net New Business (£bn)
140 | 127.1 | 5 | ||||
4.5 | ||||||
120 | 4 | |||||
100 | 85.9 | 3.5 | ||||
80 | 3 | |||||
2.5 | 2.5 | |||||
60 | 1.6 | 2 | ||||
40 | 1.5 | |||||
1 | ||||||
20 | 0.5 | |||||
0 | 0 | |||||
H1 19 | H1 20 | H1 21 | H1 22 | H1 23 | ||
Robust revenue
Net revenues (£m)
350
236
H1 19 | H2 19 | H1 20 | H2 20 | H1 21 | H2 21 | H1 22 | H2 22 | H1 23 |
Profit Before Tax & Dividend
20 | Dividend per Share (p) | Profit Before Tax (£m) | 198 | ||||
18 | |||||||
16 | 153 | ||||||
14 | |||||||
12 | 12.7 | ||||||
10 | |||||||
10.3 | |||||||
8 | |||||||
6 | |||||||
4 | |||||||
H1 19 | H1 20 | H1 21 | H1 22 | H1 23 | |||
Strong support for existing and new clients
92.4% | 31k | 42.0% |
Client | Net New | D2C Market |
Retention | Clients | Share₁ |
Hargreaves Lansdown | 1. Platforum D2C Market Share as at 30th September 2022 | 4 |
STRONG H1 2023 FINANCIAL PERFORMANCE
Amy Stirling, CFO
Hargreaves Lansdown
5
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Hargreaves Lansdown plc published this content on 15 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 February 2023 07:24:07 UTC.