Slide 1: FY2023 Results
FY2023 Results Conference VideoCall March 28th, 2024
Slide 2: Landmark for top-end Luxury Fashion Engineering & Production
is a landmark for top-end Luxury Fashion Engineering & Production
Slide 3: Today’s speakers
Today’s speakers Luca Innocenzo Sburlati Tamborrini CEO CFO ▪ 12 years in Pattern ▪ 15 years in Pattern ▪ 17 years of Fashion & Luxury ▪ 22 years as CFO and industry experience as a Top Senior Controller Manager ▪ Education: Graduated in ▪ Education: Executive MBA Bocconi Economics / Graduated Inter
Slide 4: Index
Index 1. Group Strategy & 2023 Events 2. Financials FY2023 3. Appendix 4
Slide 5: Group Strategy & 2023 Events
Group Strategy & 2023 Events
Slide 6: Group Strategy - The Italian Hub of Luxury Fashion Engineering & Production
Group Strategy - The Italian Hub of Luxury Fashion Engineering & Production Pattern Group is present in the main product categories (men's and womenswear, knitwear, stationary fabrics, leather goods, clothing and accessories) starting from the Research and Engineering phase all the way through to Pr
Slide 7: The Italian Hub of Luxury Fashion Engineering & Production
The Italian Hub of Luxury Fashion Engineering & Production Sales Revenues € Mln Pattern Group is present in the main product categories (men's and womenswear, knitwear, still fabrics, leather goods, clothing and accessories) starting from the Research and Engineering phase all the way through to Pro
Slide 8: Group Rationalization Strategy
Group Rationalization Strategy The consolidation of minorities is part of the simplification strategy of the Group's first management and then corporate structures, with clear future benefits in terms of efficiency. 51% (2020) + 29% (2021) The vertical integrations 70% (2022) + 30% (2023) 80% 52,92%
Slide 9: 2023 Events
2023 Events 12 April 15 May 26 July 26 July 2 October Pattern, through its The Pattern Group Pattern has Idee Partners has Pattern has subsidiary SMT S.r.l., builds on its position completed the completed the completed the finalizes closing for in the leather goods purchase of the purchase of the di
Slide 10: Financials FY2023
. . *Ge “ Financials FY2023s ~~ ‘ -
Slide 11: PATTERN GROUP FY2023 Highlights
PATTERN GROUP FY2023 Highlights SALES REVENUES EBITDA EBITDA MARGIN € 145.6 M € 18.8 M 12.7% +33.3% YoY +69.3% YoY +300 BPs YoY € 109.2 FY2022 € 11.1 M FY2022 10% FY2022 EBIT NET INCOME* NFP € 8.4 M € 23.4 M +475.5% YoY € 0.6 M (cash) +21.8% YoY € 4.1 M FY2022 € 13.9 M (debt) € 6.9 M FY2022 FY2022 *
Slide 12: PATTERN GROUP FY2023 Income Statement
PATTERN GROUP FY2023 Income Statement Revenues Breakdown (€ 000) FY2023 FY2022 % Sales revenues 145,598 109,212 33.3% Other revenues 2,306 1,799 28.2% Total Revenues 147,904 111,011 33.2% Change in inventories, semi and finished products (2,337) (585) 299.5% Value of production 145,567 110,426 31.8%
Slide 13: PATTERN GROUP 2H2023 vs. 1H2023
PATTERN GROUP 2H2023 vs. 1H2023 TOTAL REVENUES EBITDA ADJ.* € 75.8 M € 12.3 M +5.2% +61.4% € 72.1 1H2023 € 7.6 M 1H2023 EBITDA MARGIN NET INCOME ADJ. ADJ.** 16.2% € 5.7 M +560 BPs +152.3% 10.6% 1H2023 € 2.3 M 1H2023 * Net of the extraordinary costs associated with the Burberry operation. ** Net of t
Slide 14: PATTERN GROUP FY2023 Balance Sheet (Use and Sources)
PATTERN GROUP FY2023 Balance Sheet (Use and Sources) (€ 000) 31/12/2023 31/12/2022 % (€ 000) 31/12/2023 31/12/2022 % Fixed Assets 41,998.2 36,831.9 14.0% Shareholders' Equity 42,495.3 29,628.3 43.4% Warehouse 6,701.6 9,359.5 -28.4% Group Shareholders' Equity 37,458.7 24,796.1 51.1% Trade Receivables
Slide 15: PATTERN GROUP Change in Net Financial Position
PATTERN GROUP Change in Net Financial Position (€ 000) FY2023 FY2022 % Starting NFP of the Group (A) (13,853) 3,087 -549% NFP of newly consolidated companies (A) 1,675 (1,200) -240% Cash flow before changes in nwc 21,458 12,999 65% Change in net working capital 4,944 (4,901) -201% Other changes (6,6
Slide 16: Outlook 2024
Outlook 2024 2024 is shaping up to be a complex year. In such a scenario, the gap between top luxury with high-quality value attributed to the product over time and fashion luxury, tied more to aesthetics alone, will further increase. The market is thus clearly moving towards a "normalization" of th
Slide 17: Appendix
Appendix
Slide 18: Pattern Group
Pattern Group Sales Revenues € Mln 18
Slide 19: Corporate Governance
Corporate Governance Board of Directors Luca Sburlati Francesco Martorella CEO Fulvio Botto Director Chairman Simonetta Cavasin Claudio Independent Delunas Director Director Emilio Paolucci Stefano Franca Di Diego Casini Independent Carlo Dirutigliano Director Director Director Director Shareholder
Slide 20: HR - Highly Experienced and Committed Management Team
HR - Highly Experienced and Committed Management Team Board of Directors F. Botto and F. Martorella, founders and owners, are recognized and valued Comms & Sustain- Technical Group Prod. Supply Investor & Industrial ICT CFO professionals among fashion ability Mgr Esemplare Director developm. chain R
Slide 21: The Italian Hub of Luxury Fashion Engineering & Production
The Italian Hub of Luxury Fashion Engineering & Production 21
Slide 22: Pattern Group M&A – M&A Track Record since 2017
Pattern Group M&A – M&A Track Record since 2017 The Italian Hub of Luxury Fashion Engineering 2017 2020 2021 2022 2023 100% 29% 100% 100% 51% 52,92% 70% 40% 70% 30% 60% 100% 30% 22
Slide 23: ESG as part of the Strategy
ESG as part of the Strategy
Slide 24: ESG Impact Report
ESG Impact Report Pattern is an ESG Rated Company Pattern is a SER Rated Company The ESG rating is an assessment of a company’s The Supplier Engagement Rating (SER) offers an evaluation performance in terms of environmental sustainability, of how effectively companies engage their suppliers on socia
Slide 25: Pattern Group Strategic Plan 2021-24 – Our Values
Pattern Group Strategic Plan 2021-24 – Our Values 3 Key values Human Resources Technology and R&D Sustainability September 2021 Introduction of the Organisational Model «231»: the supervisory infrastructure required under Legislative Decree 231/2001 • TRASPARECY and REPUTATION • IMPROVEMENT of the I
Slide 26: Disclaimer
Disclaimer This document has been prepared by Pattern S.p.A. (the ‘Company’) solely for the purposes of this presentation. This document may not be reproduced or distributed in whole or in part by any other person with any way than the Company. The Company takes no responsibility for the use of this
Slide 27: Contacts
Follow us: Sede Legale e Amministrativa Via Italia, 4 10093 Collegno (TURIN) Italy Investor Relations Sara De Benedetti sara.debenedetti@pattern.it Contacts Euronext Growth Advisor Invest Italy SIM S.p.A. 27