Brunello Cucinelli S.p.a. · MIL:BC
Brunello Cucinelli — Q1 2021 Earnings Presentation
10 slides from Brunello Cucinelli's earnings presentation, Apr 23, 2021
Slide 1: 1Q 21 Revenues
1Q 21 Revenues April 21st , 2021
Slide 2: Brunello Cucinelli
Brunello Cucinelli It is with a feeling of "great positivity" that we disclose our results achieved in the first quarter of this year 2021, which we have defined as the "year of rebalancing". It was a very, very positive quarter, which indicates a gradual return to "normality" in daily life, with a
Slide 3: Revenues by Region
Revenues by Region € mln YoY % 1Q 21 1Q 20 1Q 21 1Q 19 Chg vs 1Q 19 Net Revenues 156.7 164.6 +5.1% 160.4 +2.6% Constant exchange rates performance +7.0% +3.3% North America 51.1 48.6 -4.8% 46.7 +4.0% Rest of Europe 49.0 50.9 +3.9% 50.1 +1.6% Italy 24.4 23.6 -3.6% 28.4 -17.0% Asia 32.3 41.6 +28.9% 35
Slide 4: Revenues Highlights
Revenues Highlights Rest of Europe Performance was driven by sales in the areas with local customers, especially in central-northern Europe and the Russian Federation, while tourist cities suffered more from the effects of the pandemic and closure periods “Special” relationship with customers – espe
Slide 5: Revenues by Distribution Channel
Revenues by Distribution Channel € mln YoY % 1Q 21 1Q 20 1Q 21 1Q 19 Chg vs 1Q 19 Retail 65.9 73.5 +11.5% 71.2 +3.2% Wholesale 90.8 91.1 +0.4% 89.2 +2.2% Retail Wholesale 44.6% 55.4% on sales on sales 5
Slide 6: Monobrand Network
Monobrand Network Retail Monobrand Wholesale Monobrand 110 boutiques as of March ‘21 30 boutiques as of March ’21 (107 boutiques as of March ‘20) (30 boutiques as of March ‘20) 6
Slide 7: Distribution Channel
Distribution Channel Retail Channel Wholesale Channel Sales in Q1 2021 increased by +3.2% compared to 31 March 2019, a result that has The growth compared to Q1 2019 was +2.2%, a result that we consider to be very positive benefited from the continuous investments in our physical and digital network
Slide 8: Investor Relations
Investor Relations Board of Directors Significant Shareholdings* Brunello Cucinelli Excutive Chairman and Creative Director Trust Brunello Cucinelli (Fedone s.r.l.) 51.0% Riccardo Stefanelli C.E.O. FMR LLC (Fidelity) 9.5% Luca Lisandroni C.E.O. Invesco LTD 4.2% Other 35.3% Camilla Cucinelli Director
Slide 9: Forward looking statements notice
This presentation may contain forward looking statements which reflect Management’s current views and estimates. The forward looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those contained in the forward looking statements. Potenti
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