Aeffe S.p.a. · MIL:AEF
Aeffe — FY2014 Earnings Presentation
15 slides from Aeffe's earnings presentation, Mar 11, 2015
Slide 1: Aeffe 2014 Consolidated Results Presentation
AEFFE 2014 Consolidated Results Presentation 11, March 2015
Slide 2: FY 2014 Key Facts
FY 2014 Key Facts Consolidated Revenues +0.2% at € 251.5, (flat at constant exchange rates); consolidated sales would have increased by 7.6% at constant exchange rates, net of the effects of already terminated licenses and of the reorganization of the distribution in Japan Consolidated EBITDA for €
Slide 3: Net Sales Breakdown by Division
Net Sales Breakdown by Division(1) FY 2014 FY 2013 (€m) 192,1 (€m) % on Total Sales % on Total Sales -2.7% * vs FY 2013 196,9 200 +7.3% ** vs FY 2013 200 Footwear & Leather Footwear Goods 180 31% & Leather 180 27% Goods 46,3 44,8 160 160 73% 69% Prêt à Prêt à porter porter 140 140 52,5 52,8 120 120
Slide 4: Net Sales Breakdown by Brand
Net Sales Breakdown by Brand FY 2014 FY 2013 163,4 (€m) +6.9% * (€m) % on Total Sales % on Total Sales +14.5% ** 150 152,5 150 41,8 Pollini 12% Pollini 140 13% Philosophy 140 Philosophy 13% 130 6% 37,7 9% 130 Others 8% Others 10% 120 65% 60% 8% 120 8% Alberta Alberta Ferretti 110 Moschino Ferretti 1
Slide 5: Net Sales Breakdown by Region
Net Sales Breakdown by Region FY 2014 FY 2013 (€m) 113,6 (€m) % on Total Sales % on Total Sales +8.7% * 110 110 104,5 Russia USA Russia USA Japan Japan 7% 6% 8% 7% 3% 9% 100 26,0 100 22% 17% 20% 15% Europe RoW 21,6 Europe RoW 90 90 45% 41% 80 80 Italy Italy 70 34,7 70 30,1 55,9 60 +11.1%* 60 50,0 50
Slide 6: Net Sales Breakdown by Channel
Net Sales Breakdown by Channel FY 2014 FY 2013 170,8 (€m) +7.0% * (€m) % on Total Sales % on Total Sales +7.9% ** 159,6 160 160 Retail 41,5 28% Retail 32% 140 140 35,8 4% Royalties 5% Royalties 120 68% 63% 120 Wholesale Wholesale 50 100 100 46,8 69,8 79,7 (12.9)% * 80 80 +4.7% ** 21,6 34,2 16,9 27,0
Slide 7: Mono-brand Stores Network
Mono-brand Stores Network DOS Franchising 7
Slide 8: Income Statement – FY 2014/2013
Income Statement – FY 2014/2013 (€m) 8
Slide 9: Balance Sheet
Balance Sheet (€m) Net Working Capital Net Tangible Assets Net Intangible Assets Net Financial Assets Severance Staff, Provisions & Others Net Capital Employed Group Shareholders’ Equity Minorities Shareholders' Equity & Minorities Net Debt Shares Buyback Net Financial Debt and Shareholders’ Equity
Slide 10: Summary Cash Flow
Summary Cash Flow (€m) pose 1 1 FY14 ss! FY 13 J 1 PBT 61 (0,7) ' i] Operating Cash Flow 16,9 16,0 ! 1 + i 1 Capital Expenditure ' (6,6) (7,2) Free Cash Flow 10,3 8,8 i] J + ! 1 Cash Flows from Financing Activities (11,1) ' (6,6) ! 1 J 1 ! 1 ! 1 ' 1 Cash and cash equivalents at the beginning of the
Slide 11: Appendices
Appendices
Slide 12: Company Profile
Company Profile (1) Organisational Structure Ownership Structure Aeffe Fashion Group Chairman: Massimo Ferretti IM Fashion CEO: Simone Badioli 24% Tullio Chief Executive Badioli Officer Simone Badioli 5% General Manager/CFO Marcello Tassinari Aeffe 5% Investor Relation Communication and Manager Mark
Slide 13: Cash Flow Statement
Cash Flow Statement (€m) yoo eee 1 FY 14 \ FY 13 PBT 61 (0,7) Depreciation & Amortisation 13,7 14,6 Provisions & Impairments 0,5 (1,1) Taxes 6)! (3,0) Net Interest 59 6,7 Change in other liabilities / (assets) i (5,7) (0,5) Operating Cash Flow | 17,0 16,0 Capital expenditure for intangible assets '
Slide 14: Income Statement – Full Year 2012-2014
Income Statement – Full Year 2012-2014 (€m) 14
Slide 15: Important Information
Important Information The information provided in this presentation is being furnished to you solely for your information on a confidential basis. Neither this document nor any copy thereof may be reproduced or redistributed. Persons into whose possession the content of this presentation come should