Aeffe S.p.a. · MIL:AEF
Aeffe — FY2012 Earnings Presentation
15 slides from Aeffe's earnings presentation, Mar 12, 2013
Slide 1: Full Year 2012 Results Presentation
Full Year 2012 Results Presentation 12, March 2013
Slide 2: FY 2012 Key Facts
FY 2012 Key Facts Consolidated Revenues +3.3% at € 254m, (+1.8% at constant exchange rates) Consolidated EBITDA for € 22.8m, compared to an EBITDA of € 18.4m in 2011 Consolidated Net Loss at € 3m, compared to a Net Loss of € 4.3m in 2011 Consolidated Net Financial Debt of € 87.9m (€ 98.1m as of 31 D
Slide 3: Net Sales Breakdown by Division
Net Sales Breakdown by Division(1) FY 2012 FY 2011 (€m) 201,3 (€m) % on Total Sales % on Total Sales +0.3% * vs FY 2011 200 197,2 200 Footwear & Leather Footwear Goods 180 45 180 39,4 24% 26% & Leather Goods 160 160 74% 76% Prêt à Prêt à porter porter 140 140 59,4 59,6 120 120 100 100 69,5 80 80 39,
Slide 4: Net Sales Breakdown by Brand
Net Sales Breakdown by Brand FY 2012 FY 2011 (€m) 151,8 (€m) % on Total Sales % on Total Sales +7.6% * 139,0 140 140 Pollini 34,9 Pollini 130 12% 130 13% J.P. J.P. Gaultier 4% Gaultier 29,3 4% 120 Moschino 60% 120 5% Others 4% Others Moschino 57% 110 20% 110 21% Alberta Alberta Ferretti Ferretti 100
Slide 5: Net Sales Breakdown by Region
Net Sales Breakdown by Region FY 2012 FY 2011 (€m) (€m) % on Total Sales % on Total Sales 99,3 102,8 (3.4%) * 100 100 Russia USA USA Japan Japan Russia 8% 8%10% 18,7 7% 7% 9% 90 20,2 90 21% 14% 21% 14% Europe RoW Europe RoW 80 80 39% 42% 70 Italy 70 Italy 32 29,1 60 53,8 60 +2.3% * 52,3 50 50 12,1 1
Slide 6: Net Sales Breakdown by Channel
Net Sales Breakdown by Channel FY 2012 FY 2011 (€m) (€m) 159,2 % on Total Sales % on Total Sales 160 +2.3% * 160 154,3 Retail 32% Retail 31% 140 33,5 140 28,7 5% Royalties 6% Royalties 120 63% 63% 120 Wholesale Wholesale 100 50,4 100 51,3 81,7 +2,8% * 77,4 80 80 20,9 18,7 24,7 25,5 60 60 22,4 21,3 4
Slide 7: Mono-brand Stores Network
Mono-brand Stores Network DOS Franchising 7
Slide 8: Income Statement – FY 2012/2011
Income Statement – FY 2012/2011 (€m) 8
Slide 9: Balance Sheet
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’ Equity
Slide 10: Summary Cash Flow
Summary Cash Flow (€m) i 1 FYi2) | FY ' 1 PBT 1,4 ! (1,2) I J T I Operating Cash Flow H 74 14,0 Capital Expenditure ' 10,0 (10,5) Free Cash Flow 74 | 3.5 ' I Cash Flows from Financing Activities i (20,4) H 0,5 ' I ' I ! I ! I ' I Cash and cash equivalents at the beginning of the year H 8,4 i 45 I !
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 (€m) PBT Depreciation & Amortisation Provisions & Impairments Taxes Net Interest Change in other liabilities / (assets) Operating Cash Flow Capital expenditure for intangible assets Capital expenditure for tangible assets (Increase) / decrease in investments in other fixed assets
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