Slide 1: Time for Change
Slide 2: June 2005 Full Year Results
June 2005 Full Year Results
Slide 3: Overview
Overview Globe is an international creator, marketer and distributor of youth apparel and accessories and boardsports related hardgoods. « Globe is organised into four main business streams: * Australian Streetwear — Australia & NZ * World Industries - Worldwide * Globe - Worldwide * Skate Hardgoods
Slide 4: 2005 Full Year Overview
2005 Full Year Overview Total revenues up 10% Sales up in all markets NPAT impacted by planned marketing investment into the brands Brands strengthened Move into retail in Australia
Slide 5: Australian Streetwear
Australian Streetwear Highly regarded proprietary brands - Mooks, M-ONE-11 Iconic Licensed brands - Mossimo, Stussy, Paul Frank, Freshjive, Anger Management Australian Retail — 8 branded concept stores PSC - expanding to 10 skate retail stores by Christmas
Slide 6: World Industries
World Industries Established in 1988 as a skate hardware and apparel brand and is now truly global in its market reach. In Australia operates predominantly mass market and has performed ahead of expectations in the market whilst maintaining lines with core. In North America the brand continues to pe
Slide 7: Globe
Globe Globe brand is rapidly becoming a true global brand. Globe surf positioning through the Globe WCT Fiji and the Habgood brothers has been successful. Globe skate position strengthening through Globe World Cup, Mark Appleyard and skate team. Strong marketing investment into the Globe brand over
Slide 8: Skate Hardgoods
Skate Hardgoods Proprietary - Enjoi, Blind, Almost, Darkstar, Tensor. Annual consumables of hardgoods much greater in skate than in surf. Hardgoods brands have demonstrated continuing strength in the market.
Slide 9: Consolidated Results
Consolidated Results AUD millions 05 | Fvo4 | FY03 « Group sales were improved in all markets and were up 10% across the Sales 202.5 184.2 204.5 Group. « Sales were impacted by adverse EBITDA 10.9 19.8 G0) market conditions in Australia. Pre-amortisation 4.6 11.4 (4.0) « NPAT impacted by planned inc
Slide 10: Australasia
Australasia AUD millions FY 04 FY 03 Sales 1* Half 2°4 Half 54.5 48.1 45.6 45.9 Full Year EBITDA 1* Half Margin % 2" Half Margin % 102.6 91.5 4.4 9.6% 2.2 4.8% Full Year Margin % 6.6 Sales improved by 8% on the previous year. Tight financial management partially offset poor trading conditions in ear
Slide 11: North America
North America AUD millions FY 04 FY 03 Sales 15t Half USD 2nd Half USD Full Year USD EBITDA 1st Half USD 2nd Half USD Full Year USD 28.1 19.2 33.8 24.9 61.9 44.1 0.0 1.3 0.9 1.3 0.9 56.9 BLL 34.4 21.1 91.3 52.3 0.2 O41 (13.0) (81) (12.8) (8.0) Good sales growth particularly in Globe shoes in ‘05. Gl
Slide 12: Europe
Europe AUD millions FY 03 Sales 1st Half 2nd Half 12.7 8.9 Full Year EBITDA 1st Half 2n¢ Half Full Year Solid foundations for growth established. Still an important emerging market for boardsports and streetwear. New direct distribution model consolidated during the year.
Slide 13: Outlook
OUTLOOK Critical and sustainable level of marketing spend achieved that will support further sales growth. Continuing strong focus on financial controls and cost management. Significant costs continue to come out of the business. Strong brand focus maintained.