Slide 1: Year-end report January - December
NewoViuve Year-end report January - December
Slide 2: NWG around the world
NWG / / THE WORLD Sales acitivity in own subsidiary New Wave Group is a growth group that designs, acquires and develops brands. To ensure good risk diversification, the Group will market its products in Own purchasing offices the promo market and the retail market. 2
Slide 3: Segments and sales channels
NWG // S E G M E N T S A N D S A L E S C H A N N E L S Our brands are categorized according to which of our three operating segments it belongs to: Corporate, Sports & Leisure or Gifts & Home Furnishings. The brands are distributed in both the promo market and the retail market to achieve good risk
Slide 4: The segments: Corporate
NWG // THE SEGMENTS Corporate The vision for the Corporate operating segment is to become the leading supplier of promotional products to corporations in Europe and one of the leading suppliers in the United States by offering companies a broad product range, strong brands, advanced expertise and se
Slide 5: The segments: Sports & Leisure
La » gloves.in Europe andwe wil ion among the la ers in the world.
Slide 6: The segments
NWG // T H E S E G M E N T S Mathias Bergeld/Bildbyrån 6
Slide 7: The segments
NWG // T H E S E G M E N T S 7
Slide 8: The segments: Gifts & Home Furnishings
* ia y e i % eo 4 i NWG' // THE SEGMENTS g pe ae, The vision for the Gifts & Home Furnishings operating segment is to make Orrefors and Kosta world-leading glass and crystal suppliers. ion also involves utilising innovative to make Sagaform a prominent ~ jurope in both the promo a il markets. ° Part
Slide 9: The quarter at a glance
NWG // THE QUARTER The quarter at a glance -_
Slide 10: The quarter
———— NWG // THE QUARTER The quarter Some recovery, but demand still lower - COVID-19. However, net sales in Gifts & Home Furnishings increased by 17% and Sports & Leisure had growth in the Nordic region Cost savings result in improved operating margin and the highest operating result ecer Lquity rat
Slide 11: October - December
NWG // F I N A N C I A L I N F O R M A T I O N October - December 11
Slide 12: Financial information: Q4 sales
NWG // F I N A N C I A L I N F O R M A T I O N 2 500 2020 • Sales amounted to SEK 1,873.2 2 000 (2,024.1) million 760.0 • Sales decreased by 7% (3% in local 1 500 679.8 currencies) 1 000 • Promo sales channel decreased 6%, retail 11% 1,193.4 1,264.1 500 0 Q4 -2020 Q4 -2019 12
Slide 13: Financial information: Q4 sales by segment
NWG // F I N A N C I A L I N F O R M A T I O N 1 200 18.9 1 000 4.6 800 600 945.7 559.5 400 848.8 489.4 185.9 200 181.6 193.7 212.2 150.9 106.2 0 Q4 -2020 Q4 -2019 Q4 -2020 Q4 -2019 Q4 -2020 Q4 -2019 13
Slide 14: Q4 sales by region and segment
NWG // F I N A N C I A L I N F O R M A T I O N Corporate Sports & Leisure Gifts & Home Total Furnishings SEK million Oct - Dec Oct - Dec Oct - Dec Oct - Dec Oct - Dec Oct - Dec Oct - Dec Oct - Dec Change 2020 2019 2020 2019 2020 2019 2020 2019 % USA 67.6 96.2 263.7 373.5 19.0 18.3 350.2 488.1 -28% S
Slide 15: Q4 income statement
NWG // F I N A N C I A L I N F O R M A T I O N SEK million Oct – Dec Oct – Dec 2020 2019 2020 Net sales 1 873.2 2 024.1 • Gross profit margin amounted to 46.2 (46.7)% Goods for resale -1 007.7 -1 079.2 ― Slightly lower margin for all segments Gross profit 865.6 46.2% 944.9 46.7% compared to the prev
Slide 16: Q4 operating result by segment
NWG // F I N A N C I A L I N F O R M A T I O N 2020 Corporate ― Lower net sales 160 ― Increased sales in Sweden, decreases 139.9 130.7 in all other regions 140 ― Slightly lower gross profit margin Q4 - 2020 120 ― Cost savings 102.8 Q4 - 2019 97.8 100 Sports & Leisure Q4 - 2020 ― Lower net sales, mai
Slide 17: Q4 cash flow
NWG // F I N A N C I A L I N F O R M A T I O N SEK million Oct – Dec Oct – Dec 2020 2019 Cash flow from operating activities before changes in working capital 300.0 262.1 Change in working capital 257.5 24.7 Cash flow from operating activities 557.5 286.7 Investing activities -7.2 -42.2 Cash flow af
Slide 18: Financial position December 2020
NWG // F I N A N C I A L I N F O R M A T I O N Dec Dec 2020 2019 SEK million Equity 3 855.5 3 770.7 Equity ratio, % 53.4 44.9 Net debt, SEK million 1 817.6 2 964.8 Net debt to credit institutes, SEK million 1 075.9 2 161.0 Available credit 1 769.1 1 050.9 Equity per share, SEK 57.96 56.59 18
Slide 19: January - December
NWG // F I N A N C I A L I N F O R M A T I O N January - December x 19
Slide 20: Full-year sales
NWG // F I N A N C I A L I N F O R M A T I O N 8 000 2020 7 000 • Sales amounted to SEK 6,098.8 6 000 (6,903.5) million 2,790.6 5 000 2,209.2 • Sales decreased by 12 % (10% in local currencies) 4 000 • Promo sales channel decreased 5 %, 3 000 retail 21 % 2 000 3,889.6 4,113.0 1 000 0 Jan - dec 2020
Slide 21: Full-year sales by segment
NWG // F I N A N C I A L I N F O R M A T I O N 3 500 20.2 66.8 3 000 2 500 2 000 2,124.9 1 500 3,084.6 3,152.7 1,600.2 1 000 500 588.8 598.8 762.5 568.3 236.7 197.7 0 Jan - dec 2020 Jan - dec 2019 Jan - dec 2020 Jan - dec 2019 Jan - dec 2020 Jan - dec 2019 21
Slide 22: Full-year sales by region and segment
NWG // F I N A N C I A L I N F O R M A T I O N Corporate Sports & Leisure Gifts & Home Total Furnishings SEK million Jan - Dec Jan – Dec Jan - Dec Jan – Dec Jan - Dec Jan – Dec Jan - Dec Jan – Dec Change 2020 2019 2020 2019 2020 2019 2020 2019 % USA 193.7 260.3 895.2 1 460.6 52.0 53.5 1 140.9 1 774.
Slide 23: Full-year income statement
NWG // F I N A N C I A L I N F O R M A T I O N SEK million Jan – Dec Jan – Dec 2020 2019 2020 Net sales 6 098.8 6 903.5 • Gross profit margin amounted to 43.2 (46.4)% Goods for resale -3 461.5 -3 701.0 ― Larger share of trading shipments Gross profit 2 637.3 43.2% 3 202.4 46.4% ― Lower gross profit
Slide 24: Full-year operating result by segment
NWG // F I N A N C I A L I N F O R M A T I O N 2020 Corporate ― Net sales slightly lower than the 400 349.0 previous year 350 325.4 ― Several major trading orders Jan-Dec 2020 ― Increased sales in Southern Europe and 300 Jan-Dec 2019 Other countries, decreases in other 250 235.8 regions ― Lower gros
Slide 25: Full-year cash flow
NWG // F I N A N C I A L I N F O R M A T I O N SEK million Jan - Dec Jan – Dec 2020 2019 Cash flow from operating activities before changes in working capital 631.8 605.0 Change in working capital 574.8 -505.6 Cash flow from operating activities 1 206.6 99.5 Investing activities -57.5 -148.7 Cash fl
Slide 26: Key ratios
NWG // F I N A N C I A L I N F O R M A T I O N Oct – Dec Oct – Dec Jan – Dec Jan – Dec 2020 2019 2020 2019 Net sales growth, % -7.5 4.2 -11.7 9.7 Average number of employees 2 064 2 579 2 064 2 579 Gross profit margin, % 46.2 46.7 43.2 46.4 Operating margin before depreciations, % 18.1 15.5 12.7 11.
Slide 27: CEO comments: October - December, January - December
NWG // C E O C O M M E N T S October – December • Net sales decreased by only a marginal 3% in local currencies, but good given the prevailing conditions. • Operating result increased to SEK 283.6 (240.3) million, and the operating margin improved from 11.9% to 15.1%. We achieved our highest operati
Slide 28: CEO comments: The future and dividend
NWG // C E O C O M M E N T S The Future • In the short term it is incredibly hard to know due to current restrictions and lockdowns. • The market will continue to be difficult during the first half of the year. In the second half of the year we plan for a strong growth and we will therefore, mainly
Slide 29: NWG //
NWG // We strive to make everyone who buys our products a happy customer. [f you choose to incest in New Wave Group we want you to know that we promise to take care of your investment in the best possible way we can through long term thinking, growth, stability and hard work!
Slide 30: NWG //
NWG // 30