M.video · RUS:MVID
M.video — Q1 2010 Earnings Presentation
9 slides from M.video's earnings presentation, April 2010
Slide 1: Q1 2010 Trading Update
Q1 2010 Trading Update Investor and Analyst Presentation, April 2010. 1
Slide 2: Disclaimer
Disclaimer Content and liability disclaimer The information contained in this presentation or enclosed herewith is provided and intended for informational purposes only and should not be relied on for any investment decisions. The information provided in the presentation includes assumptions and fin
Slide 3: M.video: outlook
M.video: outlook Seventeen years of successful business in Russia. One of the Russia’s largest electronic retail chain by revenue. Strong nationwide brand, highly appreciated in all major customers’ polls. The first and the only public company in Russian consumer electronic retail sector: shares
Slide 4: Q1 2010 retail sales and store openings update
Q1 2010 retail sales and store openings update Q1 2010 retail sales reached 22.5 billion RUB (19 billion RUB without VAT), demonstrating (2.7%) vs. Q1 2009 due to RUB weakness in the first quarter last year. 179 stores in 72 cities (as of March 31st 2010); 3 new stores opened in 2009 (1 closed), 6
Slide 5: Q1 2010: extensive geographic coverage
Q1 2010: extensive geographic coverage Store count as of March 31, 2010 Total: 179 stores, 72 cities of Russia. N. Novgorod St. Petersburg (16) (5) Rostov Wide presence in all major Russian cities (5) Moscow Yekaterinburg (41) (5) Kazan (4) Other Chelyabinsk (99) (4) St. Petersburg (16) Arkhangels
Slide 6: Q1 2010 and FY 2009 retail and like-for-like sales dynamics
Q1 2010 and FY 2009 retail and like-for-like sales dynamics 28,2% Retail Sales Like-for-like Sales 7,3% 1% (2,7%) (5,1%) (7%) (11%) (13,4%) (20,6%) (19,6%) Q1 09 Q2 09 Q3 09 Q4 09 Q1 2010 All information presented on this slide is subject to the disclaimer note on page 2 Source: Company data 6
Slide 7: FY 2009 LfL performance analysis
FY 2009 LfL performance analysis Q1 2010 – Q1 2009 LfL dynamics, % Q1 2010 – Q1 2009 LfL revenue per store Number of transactions Average transaction amount Sales Q1 2009 Q1 2010 182 156 8,3% 7,5% RUR million, with VAT 142 133 129 126 -0,6% 123 119 103 -4,4% -2,8% -3,9% 76 -5,4% -10,3% -10,9% -8,1%
Slide 8: Why M.video?
Why M.video? M.video – clear #1 Growth in a declining market environment Debt free business Best placed CE retailer in Russia: strong brand solid financials, significant cash position strong buying power/suppliers’ relationship rapid market share increase through organic growth 8
Slide 9: Contacts
Contacts OJSC “Company “M.video” Nizhnaya Krasnoselskaya Str., 40/12, Build. 1 Moscow 107066 Russia Tel: +7 495 644 28 48, ext. 7064 E-mail: ir@mvideo.ru Official web-site: www.mvideo.ru Official ticker: MVID RU Exchange: RTS and MICEX For investor relations purposes, please contact: Christopher Par