New Wave Group Ab Class B · OMXSTO:NEWA_B
New Wave Group Ab Class B — Q1 2007 Earnings Presentation
27 slides from New Wave Group Ab Class B's earnings presentation, 2007
Slide 1: Presentation of New Wave
Orne anne oro oo Ube Vx ae 2 «eB . Fret, 9" Oe a i: Presentation of ane
Slide 2: Did you know that New Wave…
Did you know that New Wave… … is the only listed company that has grown in sales AND profit 16 years in a row? … is the Swedish company that has increased its job opportunities the fastest in Europe? … is the listed company with the most honours for its growth? … is the largest supplier of sport art
Slide 3: New Wave – history
New Wave – history 1990 Sweden and Norway. 1994 Finland and Italy. 1996 Acquisition of Craft. 1997 Denmark, Spain and Germany. 1998 Acquisition of Hefa. 1999 Holland and England. 2000 France. Acquisition of Texet. 2001 Acquisition Sagaform and Seger. 2002 Acquisition of DJ Frantextil, X-Tend and Top
Slide 4: The corporate profiling market in Europe…
The corporate profiling market in Europe… … is fragmented. The total turnover is SEK 112,000,000,000. New Wave’s turnover within corporate profiling is SEK 2,146,000,000. New Wave’s market share is 2 %. Still, we are the second largest supplier.
Slide 5: Did you know that…
Did you know that… … last year, New Wave sold approximately 131,000,000 items. That means we bought, delivered to and from our warehouses as well as got paid for… … 356,164 items every day, 365 days a year or 14,840 items every hour, 24 hours a day or 247 items per minute or 4.12 items every second.
Slide 6: The whole market
The whole market Gifts Textile/clothes Bags New Wave’s part Gifts Pens, etc Business accessories Bags Business accessories Pens, etc Textile/clothes
Slide 7: PROFILING – promotional gifts
PROFILING – promotional gifts
Slide 8: PROFILING – workwear
PROFILING — workwear JOBMAN
Slide 9: PROFILING – promowear
PROFILING – promowear
Slide 10: RETAILING
RETAILING Gift stores Interior design Domestic textile Sport stores Shoe stores
Slide 11: RETAILING
RETAILING Interior, textile and gift stores:
Slide 12: RETAILING
RETAILING e@ Sport stores: CRAFT ::: CLIQUE <—S— NMORDICA EASTON.
Slide 13: RETAILING
RETAILING e@ Shoe stores:
Slide 14: Financial highlights Q1 2007
Financial highlights Q1 2007 ¬ The turnover increased by 1 % to SEK 760 (755) M. ¬ Currencies affected the sales by SEK -12 M. ¬ The mild winter also affected the sales negatively ¬ Gross profit margin was 47.5 (46.0) %. ¬ The profit after net financial items increased by SEK 14.7 M to SEK 11.8 (-2.
Slide 15: Income statement
Income statement SEK M Q1-07 Q1-06 Turnover 760,4 755,3 Cost, sold items -399,5 -407,7 Gross results 360,9 347,6 Gross profit margin 47,5% 46,0% External costs, % -189,7 -199,9 I% 24,9% 26,5% Personel costs, % -134,1 -129,4 I% 17,6% 17,1% Depreciations etc. -10,4 -8,4 Operating results 26,7 9,9 Net
Slide 16: Geographical distribution of turnover
Geographical distribution of turnover Jan-Mar Part of Jan-Mar Change, 2007 turnover 2006 SEK M The Nordic countries 421 55% 415 6 Central Europé 188 25% 191 -3 Southern Europé 83 11% 83 0 The USA 36 5% 34 2 Other countries 32 4% 32 0 760 100% 755 Other countries The USA Southern Europe The Nordic co
Slide 17: Turnover and Results
Turnover and Results Turnover, SEK M 500 - 450 — 400 350 . ] 2007 1 oa | 12006 1 150. 100 50 0! Results (EBITDA) 15 wonsaShsnssa
Slide 18: Outlook on 2007
Outlook on 2007 Integration of acquisitions Increased gross profit margin Costs will decrease as part of turnover ¬ This will lead to an increased profit margin Turnover as well as results will be better than 2006
Slide 19: Cutter & Buck – current position
Cutter & Buck – current position Exclusive, sporty clothes for men and women. Cutter & Buck is well-known on the golf market associated with an exclusive lifestyle. The company’s promotion and success at the golf channel have led to Cutter & Buck’s position as a leading brand for exclusive bus
Slide 20: Cutter & Buck – brands
Cutter & Buck – brands An authentic, upscale sportswear brand recognized for its distinctive styling, technical innovation and durabilit. More traditional, full fit. Collection inspired by Annika Sorenstam, the #1 ranked female golfer. More European, athletic and “fashion forward” in design and
Slide 21: Cutter & Buck – income statement
Cutter & Buck – income statement Fiscal year ended April 30, Fiscal Year Ended April 30, 2004 2005 2006 2007P Net sales $128,374 $126,560 $131,298 $144,219 Cost of sales 69,784 65,954 71,632 76,149 Gross profit 58,590 60,606 59,666 68,070 Gross margin 45.6% 47.9% 45.4% 47.2% Selling, general and adm
Slide 22: Synergies between New Wave and Cutter & Buck
Synergies between New Wave and Cutter & Buck Purchasing Products Distribution Costs
Slide 23: From the small company, to the larger, going for the largest
From the small company, to the larger, going for the largest 1992: turnover was SEK 53 M and the number of employees 16, in Dingle 2006: turnover was SEK 3,531 M and the number of employees 216, in 18 countries 2020: our turnover will be SEK 235,000 M our number of employees 292,000, all over the
Slide 24: Purchasing – 130 employees in Asia
Purchasing – 130 employees in Asia Owned purchasing offices in: China Bangladesh Vietnam
Slide 25: Purchasing
Purchasing Code of Conduct (CoC): Laws Access to factories Environment No discrimination: Child labour, salaries, work hours, work conditions, trade unit Business Social Compliance Initiative (BSCI) Environment: 5 fulltime employees in Asia Quality: 30 fulltime employees in Asien 5
Slide 26: Purchasing
Purchasing In 2005 we had more that 750 different suppliers. Today we have approximately 400. The goal is less than 350. Better positions for negotiations Greater purchasing power Better possibilities to affect and make demands Closer cooperation with suppliers in four steps Classifi
Slide 27: We hope that everybody who buys our products is a content customer
We hope that everybody who buys our products is a content customer and we want you to know that if you choose to invest in New Wave Group we promise that we will take care of your investment in the best possible way through long-term thinking, growth, stability and hard work!