Burberry Group plc · LSE:BRBY
Burberry — Q1 FY2018 Earnings Presentation
10 slides from Burberry's earnings presentation, Jun 30, 2017
Slide 1: Q1 trading update
Q1 trading update 30 june 2017
Slide 2: Comparable retail sales by region
Comparable retail sales by region Retail sales £478m, +3% underlying and +13% reported growth Comp sales growth +4% Mid single-digit percentage growth in Asia Pacific • Mainland China delivered mid-teens percentage growth • Hong Kong continued to improve • Korea remained challenging impacted by the
Slide 3: Key strategic pillars
Key strategic pillars Revenue Drivers OPTIMISING EFFICIENCY Product Focus Productive Space E-commerce Leadership Operational Excellence Inspired People Burberry Business Mid teens growth in large Services on schedule start leather goods New responsibility Improved conversion in all Direct to consume
Slide 4: FY 2018 summary outlook
FY 2018 summary OUTLOOK Retail Focus on existing store productivity, no net contribution from new space Wholesale H1 wholesale expected to be broadly flat year-on-year Sales H2 wholesale expected to decline year-on-year Licensing Up 20% underlying including new Beauty licence from H2 Adjusted PBT Gu
Slide 5: Newest product resonating well
Newest product resonating well in Industry increasingly driven by fashion — new talent complementing existing teams in product, regions and broader capabilities — focus on brand, products and execution of plans to capitalise on opportunities ahead 5
Slide 6: Disclaimer
DISCLAIMER The financial information contained in this presentation is unaudited. Certain statements made in this presentation are forward-looking statements. Such statements are based on current expectations and are subject to a number of risks and uncertainties that could cause actual results to d
Slide 7: Alternative performance measures
Alternative performance measures All metrics and commentary in this presentation are at reported FX and exclude adjusting items unless stated otherwise. Underlying performance is presented in this document as, in the opinion of the Directors, it provides additional understanding of the ongoing perfo
Slide 8: Exchange rates
Exchange rates --- Forecast effective rates for FY 2018 --- Average exchange rates 30 June 28 April FY 2017 £1= 2017 2017 Euro 1.15 1.19 1.19 US Dollar 1.30 1.29 1.30 Chinese Yuan Renminbi 8.80 8.89 8.73 Hong Kong Dollar 10.12 10.02 10.11 Korean Won 1,482 1,458 1,487 8
Slide 9: IR Contacts
IR CONTACTS Charlotte Cowley Horseferry House VP, Investor Relations Horseferry Road charlotte.cowley@burberry.com London SW1P 2AW Annabel Gleeson Tel: +44 (0)20 3367 3524 Senior Investor Relations Manager annabel.gleeson@burberry.com www.burberryplc.com www.burberry.com Bryony Dimmer www.twitter.co
Slide 10: Burberry
BURBERRY