New Wave Group Ab Class B · OMXSTO:NEWA_B
New Wave Group Ab Class B — Q3 2022 Earnings Presentation
33 slides from New Wave Group Ab Class B's earnings presentation, November 2022
Slide 1: Interim Report January – September
oe Gr we 0 2) uy = pp? Interim Report te 20 | | January — September
Slide 2: New Wave Group is a growth group that designs, acquires and develops brands
NWG / / THE WORLD Sales acitivity in own subsidiary New Wave Group is a growth group that designs, acquires and develops brands. To ensure good risk diversification, the Group will market its products in Own purchasing offices the promo market and the retail market. 2
Slide 3: Segments and sales channels
NWG // S E G M E N T S A N D S A L E S C H A N N E L S Our brands are categorized according to which of our three operating segments it belongs to: Corporate, Sports & Leisure or Gifts & Home Furnishings. The brands are distributed in both the promo market and the retail market to achieve good risk
Slide 4: The segments: Corporate
O peiinsseemant is to become tional products to corporations ading suppliers in the United a broad product range, strong nd service, and a superior all-
Slide 5: The segments
NWG // T H E S E G M E N T S 5
Slide 6: The segments: Sports & Leisure
NWG // THE SEGMENTS establishing Craft as a world-leading sportswear brand and making Cutter & Buck leading golf apparel brand. be The brand Auctair should take a leading position on glow and we will also use Paris Glove’s strong distribution pla form t launch the Group’s other brands in Canada. Ove
Slide 7: The segments: Craft agreements with Norwegian national teams
NWG // THE SEGMENTS Craft has signed agreements with the Norwegian national teams in cross- country skiing, biathlon and combined.
Slide 8: The segments
NWG // T H E S E G M E N T S 8
Slide 9: The segments: Gifts & Home Furnishings
NWG // THE SEGMENTS Gifts & Home Furnishings The vision for the Gifts & Home Furnishings operating segment is to make Orrefors and Kosta Boda world-leading glass and crystal suppliers. Part of the vision also involves utilising innovative and playful design to make Sagaform a prominent playerin Nort
Slide 10: Christmas
www.julikosta.se 10
Slide 11: The quarter at a glance
NWG // THE QUARTER The quarter at a glance ae
Slide 12: The quarter
NWG // THE QUARTER The quarter Continued strong development. Strong development in Corporate and Sports & Leisure. All regions and both sales channels had higher net les All time high for both net sales and results Operating result improved by SEK 136.7 million compared to the previous year and amou
Slide 13: July - September
NWG // F I N A N C I A L I N F O R M A T I O N July - September 13
Slide 14: Sales amounted to SEK 2,234.4 million, up 34%
NWG // F I N A N C I A L I N F O R M A T I O N 2022 2 500 • Sales amounted to SEK 2,234.4 (1,663.5) million 2 000 919.7 • Sales increased by 34% (of which 1 500 currency 9% and acquisition 4%) 748.3 • Promo sales channel increased by 1 000 44%, retail increased by 23% 1,314.7 500 915.2 0 Q3 -2022 Q3
Slide 15: Net sales and operating result by segment
NWG // F I N A N C I A L I N F O R M A T I O N 1 200 5.2 1 000 800 3.7 600 743.4 1,017.3 563.3 400 681.7 200 263.9 171.1 181.3 199.5 0 33.5 34.1 Q3 -2022 Q3 -2021 Q3 -2022 Q3 -2021 Q3 -2022 Q3 -2021 15
Slide 16: Net sales by region and segment, Jul-Sep
NWG // F I N A N C I A L I N F O R M A T I O N Corporate Sports & Leisure Gifts & Home Furnishings Total SEK million Jul - Sep Jul - Sep Jul - Sep Jul - Sep Jul - Sep Jul - Sep Jul - Sep Jul - Sep Change 2022 2021 2022 2021 2022 2021 2022 2021 % USA 72.6 46.0 485.8 321.4 13.5 14.4 571.9 381.8 50% Sw
Slide 17: Income statement Jul-Sep
NWG // F I N A N C I A L I N F O R M A T I O N SEK million Jul - Sep Jul - Sep 2022 2021 2022 Net sales 2 234.4 1 663.5 • Gross profit margin amounted to 49.4 (48.3)% Goods for resale -1 131.6 -860.4 ― Corporate and Sports & Leisure increased Gross profit 1 102.8 49.4% 803.1 48.3% while Gifts & Home
Slide 18: Operating result by segment, Q3
NWG // F I N A N C I A L I N F O R M A T I O N 2022 Corporate ― Higher sales in all regions 250,0 ― Improved gross profit margin ― Acquired business contributed SEK 2.9 million 183.6 199.5 200,0 Sports & Leisure ― Increased sales in all regions and both sales Q3 – 2022 139.8 Q3 – 2022 channels 150,0
Slide 19: Cash flow Jul-Sep
NWG // F I N A N C I A L I N F O R M A T I O N SEK million Jul - Sep Jul - Sep 2022 2021 Cash flow from operating activities before changes in working capital 364.7 282.8 Change in working capital -565.1 -41.0 Cash flow from operating activities -200.4 241.8 Investing activities -433.4 -33.0 Cash fl
Slide 20: Equity, net debt and equity ratio
NWG // F I N A N C I A L I N F O R M A T I O N 30 Sep 30 Sep 2022 2021 SEK million Equity 5 571.1 4 452.3 Equity ratio, % 54.0 60.0 Net debt, SEK million 2 011.5 1 119.3 Net debt to credit institutes, SEK million 1 353.4 427.6 Equity per share, SEK 83.96 66.99 20
Slide 21: Rolling 12 months income statement
NWG // F I N A N C I A L I N F O R M A T I O N SEK million Rolling 12 months 2022 Net sales 8 335.2 Goods for resale -4 256.3 • Continuing rising operating margin now Gross profit 4 078.9 48.9% amounts to 16.3 % Other operating income 111.1 External costs -1 368.2 Personnel costs -1 156.4 Depreciati
Slide 22: Multi-year sales and result development
NWG // F I N A N C I A L I N F O R M A T I O N 9 000 1 600 8 000 1 400 7 000 1 200 6 000 1 000 5 000 800 4 000 600 3 000 400 2 000 1 000 200 0 0 17 18 19 20 21 R12 22
Slide 23: January - September
NWG // F I N A N C I A L I N F O R M A T I O N January - September 23
Slide 24: Sales amounted to SEK 6,028.5 million, up 37%
NWG // F I N A N C I A L I N F O R M A T I O N 2022 7 000 • Sales amounted to SEK 6,028.5 6 000 (4,411.9) million 5 000 2 384.3 • Sales increased by 37% (of which currency 7% and acquisition 2%) 4 000 1 834.9 • Promo sales channel increased by 3 000 41%, retail increased by 30% 2 000 3 664.2 2 577.0
Slide 25: Net sales and operating result by segment, Jan-Sep
NWG // F I N A N C I A L I N F O R M A T I O N 3 000 12.2 2 500 12.3 2 000 1 890.3 1 500 2 780.7 1 365.7 1 000 1 954.2 500 745.2 481.8 456.9 505.6 0 118.3 117.1 Jan - sep 2022 Jan - sep 2021 Jan - sep 2022 Jan - sep 2021 Jan - sep 2022 Jan - sep 2021 25
Slide 26: Net sales by region and segment, Jan-Sep
NWG // F I N A N C I A L I N F O R M A T I O N Corporate Sports & Leisure Gifts & Home Furnishings Total SEK million Jan - Sep Jan - Sep Jan - Sep Jan - Sep Jan - Sep Jan - Sep Jan - Sep Jan - Sep Change 2022 2021 2022 2021 2022 2021 2022 2021 % USA 204.4 130.1 1 268.7 797.7 42.4 36.6 1 515.5 964.4
Slide 27: Income statement Jan-Sep
NWG // F I N A N C I A L I N F O R M A T I O N SEK million Jan – Sep Jan – Sep 2022 2021 2022 Net sales 6 028.5 4 411.9 • Gross profit margin amounted to 49.4 (48.2)% Goods for resale -3 053.0 -2 286.0 ― Primarily in Corporate and Sports & Leisure Gross profit 2 975.5 49.4% 2 125.9 48.2% • External
Slide 28: Operating result by segment, Jan-Sep
NWG // F I N A N C I A L I N F O R M A T I O N 2022 Corporate 600 ― Higher sales in all regions 516.5 ― Improved Gross profit margin 500 429.2 Q2 – 2022 Sports & Leisure ― Increased sales in all regions 400 Jan-sep – 2022 303.1 ― Prior year incl income of SEK 35.0 million Jan-sep – 2022 254.2 relate
Slide 29: Cash flow Jan-Sep
NWG // F I N A N C I A L I N F O R M A T I O N SEK million Jan - Sep Jan - Sep 2022 2021 Cash flow from operating activities before changes in working capital 914,3 588,9 Change in working capital -1 041,4 205,3 Cash flow from operating activities -127,1 794,2 Investing activities -513,9 -72,1 Cash
Slide 30: CEO comments: July - September, January - September
NWG // C E O C O M M E N T S July - September • Another record quarter, net sales increased 34% vs prior year (of which 9% currency and 4% acquisition) • All regions and both sales channels had good growth • Good cost control. • Inventory will increase in order to meet demand • Aquistion of B.T.C. A
Slide 31: CEO comments: Cash flow and balance sheet, the future
NWG // C E O C O M M E N T S Cash flow and balance sheet • Strong balance sheet with 54% in equity ratio after the acquistion • We continue to build up inventory The future • Corporate and Sports & Leisure increasing demand while Gifts & Home Furnishings some slowdown Torsten Jansson CEO • We contin
Slide 32: Closing message to shareholders
NWG // We strive to make everyone who buys our products a happy customer. [f you choose to incest in New Wave Group we want you to know that we pronase to take care of your investment in the best possible way we can through long term thinking, growth, stability and hard work!
Slide 33: NWG //
NWG // 33