Aeffe S.p.a. · MIL:AEF
Aeffe — H1 2013 Earnings Presentation
15 slides from Aeffe's earnings presentation, Jul 29, 2013
Slide 1: First Half 2013 Results Presentation
First Half 2013 Results Presentation 29, July 2013
Slide 2: 1H 2013 Key Facts
1H 2013 Key Facts Consolidated Revenues +1% at € 122.9m, (+2.5% at constant exchange rates) Consolidated EBITDA for € 7.3m, compared to an EBITDA of € 7.1m in 1H 2012 Consolidated Net Loss at € 3.7m, compared to a Net Loss of € 4.3m in 1H 2012 Consolidated Net Financial Debt of € 97m (€ 87.9m as of
Slide 3: Net Sales Breakdown by Division
Net Sales Breakdown by Division(1) 1H 2013 1H 2012 (€m) (€m) 97,8 % on Total Sales % on Total Sales 100 +2.8% * vs 1H 2012 100 96,9 Footwear & Leather Footwear Goods 90 90 25% 26% & Leather Goods 80 80 74% 38,9 75% 40,9 Prêt à Prêt à porter porter 70 70 60 60 50 50 33,7 40 40 +4.3% * vs 1H 2012 32,3
Slide 4: Net Sales Breakdown by Brand
Net Sales Breakdown by Brand 1H 2013 1H 2012 73,2 (€m) (€m) +3.5% * % on Total Sales % on Total Sales 70 71,7 70 Pollini Pollini 12% 13% J.P. J.P. Gaultier 60 Gaultier 5% 3% Moschino 60% 60 4% Others 32,4 8% Others 28,1 Moschino 59% 17% 19% Alberta Alberta 50 Ferretti Ferretti 50 40 40 30 30 20,4 23
Slide 5: Net Sales Breakdown by Region
Net Sales Breakdown by Region 1H 2013 1H 2012 (€m) (€m) 52,8 % on Total Sales % on Total Sales +5.7% * 50,0 50 50 Russia USA Russia USA Japan Japan 8% 6% 8% 8% 8% 9% 45 45 20% 15% 20% 14% Europe RoW Europe RoW 23,6 40 40 20,1 43% 41% 35 Italy 35 Italy 30 30 24,0 24,6 25 (1.6%) * 25 18,7 20 +12.4% *
Slide 6: Net Sales Breakdown by Channel
Net Sales Breakdown by Channel 1H 2013 1H 2012 (€m) 77 (€m) % on Total Sales % on Total Sales +2.5% * 75,3 70 70 Retail 31% Retail 27,0 32% 24,7 60 6% Royalties 60 6% Royalties 63% 62% 50 50 Wholesale Wholesale 38,4 40 +3.9% * 40 38,4 30 19,1 30 18,5 50 50,6 20 20 7,5 10 19,3 (4.7%) * 10 19,9 7,9 3,
Slide 7: Mono-brand Stores Network
Mono-brand Stores Network DOS Franchising 7
Slide 8: Income Statement – 1H 2013/2012
Income Statement – 1H 2013/2012 (€m) 8
Slide 9: Summary Balance Sheet
Summary Balance Sheet (em) 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’
Slide 10: Summary Cash Flow
Summary Cash Flow (em) PBT Operating Cash Flow Capital Expenditure Free Cash Flow Cash Flows from Financing Activities Cash and cash equivalents at the beginning of the year Cash Flow of the Period Cash and cash equivalents at the end of the year 10 (1,0) FY 12 10,0 16,5 (19,5) 84 (3,0) 5,4 2,4 8.4
Slide 11: Appendices
Appendices :
Slide 12: Company Profile
Company Profile (1) Organisational Structure Ownership Structure Aeffe Fashion Group Chairman: Massimo Ferretti CEO: Simone Badioli IM Fashion Chief Executive Officer 24% Simone Badioli Tullio General Badioli 5% Manager/CFO Marcello Tassinari Mediobanca 2% Investor Relation Communication and Manager
Slide 13: Cash Flow Statement
Cash Flow Statement PBT ; (2,2) 1 14 (3,6) Depreciation & Amortisation 63 14,0 68 Provisions & Impairments (0,5) (1,6) (0,2) Taxes (2,3) (3,4) (1,8) Net Interest 3,2 7.5 39 Change in other liabilities / (assets) I (5,5) (11,4) (10,2) Operating Cash Flow ! (1,0) 65 (5,1) Capital expenditure for intan
Slide 14: Income Statement – Full Year 2010-2012
Income Statement – Full Year 2010-2012 (€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