Hargreaves Lansdown : Interim Results 2023 Analyst Presentation

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

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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

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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

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