Hargreaves Lansdown : Results 2022 Analyst Presentation

2022 ANNUAL RESULTS

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CONFIDENT IN OUR STRATEGY

PURPOSE

WE EMPOWER PEOPLE TO SAVE AND INVEST WITH CONFIDENCE

TRANSFORM	COMBINE	DELIVER
the savings and investment	the best of human	a uniquely personalised
experience	expertise, augmented by	service to simply manage your
	digital capability	financial health and wealth

STRATEGIC	Growth		Service &		Digital		People &	Foundations
	Efficiency		Backbone		Culture
PILLARS

VALUE	Best Insight & Tools		Outstanding Client		Broad Offering & Most
PROPOSITION		Experience		Trusted Brand

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MACRO ENVIRONMENT IN 2022

SHORT	Global markets and investor confidence
TERM	have fallen impacting asset values and flows

• Our strategy is to build on a leading position

• Delivery is off to a good start

MEDIUM	This will drive:
TERM
•	Next level of outstanding client service
	•	Extended market leadership
	•	Strong growth and returns

FY22

• £5.5bn Net New Business
• 92,000 Active New Clients
• 92.1% Client Retention
• Record Q4 flows in Active Savings
• £269.2m Profit Before Tax
• 39.7p Dividend per Share

Hargreaves Lansdown

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AMY STIRLING

CFO UPDATE

Hargreaves Lansdown

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CHALLENGING MARKET BACKDROP

Market Performance	Significant Dip	6 months to June 22		Investor Confidence₁ Down 53%
										FTSE All Share = 6.3%
5000.00											S&P = 20.6%	17,000.00
											NASDAQ = 29.5%	16,000.00
										MSCI World = 21.4 %
4500.00
												15,000.00
4000.00												14,000.00
												13,000.00
3500.00
												12,000.00
3000.00												11,000.00
												10,000.00
2500.00
												9,000.00
2000.00												8,000.00
Jul-21Aug-21Sep-21Oct-21Nov-21Dec-21Jan-22	Feb-22Mar-22Apr-22May-22Jun-22	Jul-21Aug-21Sep-21Oct-21Nov-21Dec-21Jan-22Feb-22Mar-22Apr-22May-22Jun-22
			FTSE All-Share			S&P 500		MSCI World			NASDAQ

Consumer Confidence₂ All time low

Jul-21Aug-21Sep-215Oct-21Nov-21Dec-21Jan-22Feb-22Mar-22Apr-22May-22Jun-22

Hargreaves Lansdown

• In H2 FY22 challenging conditions impacted asset values globally
• Consumer confidence at a low point
• Markets seen a significant downturn
• Investor confidence fallen to lowest levels since 2018, with confidence in all sectors falling in July

1. HL Monthly Investor Confidence Survey

2. OECD Consumer Confidence Index - UK (CCI)

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