Aeffe S.p.a. · MIL:AEF
Aeffe — Q1 2016 Earnings Presentation
15 slides from Aeffe's earnings presentation, May 12, 2016
Slide 1: AEFFE First Quarter 2016 Consolidated Results Presentation
AEFFE First Quarter 2016 Consolidated Results Presentation 12th May 2016
Slide 2: 1Q 2016 Key Facts
1Q 2016 Key Facts Consolidated Revenues +7% at € 76.2m, (+7.0% at constant exchange rates); Consolidated EBITDA for € 13.9m (18.3% of sales), compared to an EBITDA of € 12.5m (17.6% of sales) in 1Q 2015, with a € 1.4m improvement (+11%) Net Profit for the Group at € 5.7m, compared to a Net Profit of
Slide 3: Net Sales Breakdown by Division
Net Sales Breakdown by Division(1) 1Q 2016 1Q 2015 (€m) (€m) % on Total Sales % on Total Sales +7.4% * vs 1Q 2015 60,0 60 Footwear & Leather Footwear Goods 31% 28% & Leather Goods 50,0 50 72% 69% Prêt à Prêt à porter porter 40,0 40 30,0 59,3 30 55,2 (4.2%) * vs 1Q 2015 20,0 20 23,5 24,5 10,0 10 0,0
Slide 4: Net Sales Breakdown by Brand
Net Sales Breakdown by Brand 1Q 2016 1Q 2015 (€m) (€m) % on Total Sales % on Total Sales +8.0% * 50 50 Pollini 12% Pollini Philisophy di Philosophy di 10% Lorenzo 11% Lorenzo Serafini 6% Serafini 5% 40 40 Others 8% Others 8% 65% 65% 11% Alberta Alberta 11% Ferretti Ferretti Moschino 30 30 Moschino 4
Slide 5: Net Sales Breakdown by Region
Net Sales Breakdown by Region 1Q 2016 1Q 2015 (€m) (€m) % on Total Sales % on Total Sales 35.0 Russia 35,0 +3.5% * USA Russia USA 3% 9% 4% 7% RoW Europe 21% RoW Europe 23% 21% 30.0 24% 30,0 43% 45% 25.0 25,0 Italy Italy 20.0 20,0 +8.6% * +7.3% * 33.1 32,0 15.0 15,0 10.0 10,0 17.9 16.2 +27.0% * 16,5
Slide 6: Net Sales Breakdown by Channel
Net Sales Breakdown by Channel 1Q 2016 1Q 2015 (€m) (€m) % on Total Sales % on Total Sales 60 60 +14.9% * Retail 24% Retail 29% 3% Royalties 3% Royalties 50 50 73% 68% Wholesale Wholesale 40 40 30 30 55,6 48,4 20 (9.9%) * 20 10 10 20,4 18,3 (8.3%) * 2,3 2,4 0 0 Wholesale Retail Royalties Wholesale R
Slide 7: Mono-brand Stores Network
Mono-brand Stores Network DOS Franchising 7
Slide 8: Income Statement – 1Q 2016/2015
Income Statement – 1Q 2016/2015 (€m) 8
Slide 9: Balance Sheet
Balance Sheet (em) Net Working Capital Net Tangible Assets Net Intangible Assets Net Financial Assets Severance Staff, Provisions & Others Net Capital Employed Group Shareholders' Equity Minorities Shareholders' Equity & Minorities Net Debt Shares Buyback Net Financial Debt and Shareholders’ Equity
Slide 10: Summary Cash Flow
Summary Cash Flow (em) PBT Operating Cash Flow Capital Expenditure Free Cash Flow Cash Flows from Financing Activities Cash and cash equivalents at the beginning of the year Cash Flow of the Period Cash and cash equivalents at the end of the year 10 10,0 FY 15 29 12,8 (7,1) 5,7 (2,4) 6,7 3,3 10 6,7
Slide 11: AEFFE Appendices
AEFFE Appendices
Slide 12: Company Profile
Company Profile (1) Organisational Structure Ownership Structure IM Fashion Aeffe Fashion Group Chairman: Massimo Ferretti 24% CEO: Simone Badioli Chief Executive Officer Tullio Simone Badioli Badioli Managing Director/CFO 6% Marcello Tassinari Investor Relation Communication and Aeffe Manager Marke
Slide 13: Cash Flow Statement
Cash Flow Statement (em) PBT Depreciation & Amortisation Provisions & Impairments Taxes Net Interest Change in other liabilities / (assets) Operating Cash Flow Capital expenditure for intangible assets Capital expenditure for tangible assets (Increase) / decrease in investments in other fixed assets
Slide 14: Income Statement – Full Year 2013-2015
Income Statement – Full Year 2013-2015 (€m) 14
Slide 15: Disclaimer
Disclaimer This presentation is being furnished to you solely for your information on a confidential basis and may not be reproduced or redistributed to any other person. This presentation does not constitute or form part of any offer to sell or invitation to purchase or subscribe for, or otherwise