New Wave Group Ab Class B · OMXSTO:NEWA_B
New Wave Group Ab Class B — Q1 2024 Earnings Presentation
20 slides from New Wave Group Ab Class B's earnings presentation, Apr 25, 2024
Slide 1: 2024 Interim Report January – March
2024 Interim Report | | January — Mareh
Slide 2: New Wave Group is a growth group that designs, acquires and develops brands
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
NWG // T H E S E G M E N T S 4
Slide 5: The segments: Sports & Leisure
Sports & establi nd ane ep ke a leadin, will also use Paris Glove launch the Group's other brand: e ‘one af the leading sports supplier ‘opean countries and. in ‘the United States. All inall, qimtvands = give position among the largest sport
Slide 6: The segments: Gifts & Home Furnishings
\ NWG // THE SEGME ake glass and ci ilising innovative and prominent player
Slide 7: The quarter at a glance
NWG // THE QUARTER The quarter at a glance aie
Slide 8: The quarter
NWG // THE QUARTER The quarter * Net Sales decreased 7% * Challenging market for both Promo and Retail + Easter had a negative impact * Probably some shift in sales within Sport & Leisure to the 94 quarter * Continue to take market shares + Net profit decreased SEK 101.1 million due to lower sales a
Slide 9: January - March
NWG // F I N A N C I A L I N F O R M A T I O N January - March 9
Slide 10: Sales amounted to SEK 1,995.2 million
NWG // F I N A N C I A L I N F O R M A T I O N 2024 2 500 • Sales amounted to SEK 1,995.2 (2,135.5) million 2 000 808.9 • Sales decreased by 7% (same in local 741.9 currency and acquisition 1%) 1 500 • Promo sales channel decreased by 6%, retail decreased by 8% 1 000 1 253.3 1 326.6 500 0 Q1 -2024 Q
Slide 11: Financial information: 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 4,3 7,9 1 000 800 600 669,4 602,3 1 047,7 967,8 400 30,8 200 257,7 248,0 135,3 131,7 0 27,7 Q1 -2024 Q1 -2023 Q1 -2024 Q1 -2023 Q1 -2024 Q1 -2023 11
Slide 12: Net 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 - Mar Jan - Mar Jan - Mar Jan - Mar Jan - Mar Jan - Mar Jan - Mar Jan - Mar Change 2024 2023 2024 2023 2024 2023 2024 2023 % USA 65,1 69,9 421,0 436,1 12,9 13,7 499,0 519,7 -4% Sw
Slide 13: Income statement January - March
NWG // F I N A N C I A L I N F O R M A T I O N SEK million Jan – Mar Jan – Mar 2024 2023 2024 Net sales 1 995.2 2 135.5 • Gross profit margin amounted to 49.7 (50.7)% Goods for resale -1003.3 -1 052.6 ― Mainly Corporate that had a lower gross profit Gross profit 991.9 49.7% 1 082.9 50.7% margin. Spo
Slide 14: 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 2024 Corporate 250 ― Lower sales in all regions 203,3 ― Lower Gross profit margin ― Slightly higher cost level 200 Q1 – 2023 135,0 Sports & Leisure 150 128,0 ― Increased sales in Central Europe while all other regions decreased Q1 – 2024 ― Slightly lowe
Slide 15: 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 - Mar Jan - Mar 2024 2023 Cash flow from operating activities before changes in working capital 161.9 297.8 Change in working capital 41.8 -490.9 Cash flow from operating activities 203.7 -193.1 Investing activities -63.8 -40.7 Cash flow
Slide 16: Equity, equity ratio and net debt
NWG // F I N A N C I A L I N F O R M A T I O N 31 Mar 31 Mar 2024 2023 SEK million Equity 6 827.3 6 106.7 Equity ratio, % 63.2 56.3 Net debt, SEK million 2 013.6 2 564.6 Net debt to credit institutes, SEK million 1 351.3 1 900.2 Equity per share, SEK 51.45 46.01 16
Slide 17: Rolling 12 months income statement
NWG // F I N A N S I E L L I N F O R M A T I O N SEK million Rolling 12 months 2024 Net sales 9 372.6 Goods for resale -4 680.9 • Continued good turnover and gross profit Gross profit 4 691.7 50.1% margin, despite a challenging market. Other operating income 131.0 External costs -1 683.5 Personnel c
Slide 18: CEO comments
NWG // C E O C O M M E N T S January - March • Tough start to 2024 but we continue to take market shares • Stable gross profit margin and good cost control • Good cash flow • Inventory is at a good level, which provides better conditions in the coming periods • The operating margin amounted to 9.3%
Slide 19: Closing message to investors
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 pronase to take care of your investment in the best possible way we can through long term thinking, growth, stability and hard work!
Slide 20: NWG //
NWG // 20