Elumeo Se · XETR:ELB
Elumeo — Berenberg Pan-European Discovery Conference (2016)
33 slides from Elumeo's conference presentation, 2016
Slide 1: Berenberg Pan-European Discovery Conference
Berenberg Pan-European Discovery Conference One of the leading electronic jewelers in Europe
Slide 2: Management team: more than 70 years of combined professional experience
Management team: more than 70 years of combined professional experience
Slide 3: Table of contents
Table of contents 1) elumeo at a glance elumeo’s Transformation Opportunity Financials Outlook 2016 Appendix
Slide 4: elumeo at a glance
elumeo at a glance • • • • • • • • • • • • • • • • • • •
Slide 5: elumeo share price development has been disappointing so far
elumeo share price development has been disappointing so far ● ● ● ●
Slide 6: Table of contents
Table of contents 1) elumeo at a glance 6 elumeo’s Transformation Opportunity 3) Financials 4) Outlook and 2016 5} Appendix
Slide 7: EU Jewelry Market: Online grows 4 times faster
EU Jewelry Market : Online grows 4 times faster
Slide 8: Huge transformation opportunity ahead
Huge transformation opportunity ahead • • • • •
Slide 9: Transformation will be driven by four forces
Transformation will be driven by four forces 1 2 3 4
Slide 10: Three pillars provide strong competitive advantages
Three pillars provide strong competitive advantages
Slide 11: elumeo makes fine jewelry an affordable luxury for everyone
elumeo makes fine jewelry an affordable luxury for everyone Tele- shopping Online Retail Jewelers
Slide 12: Great value for money creates superbly loyal customers
Great value for money creates superbly loyal customers
Slide 13: elumeo's growth strategy founded on three pillars
elumeo’s growth strategy founded on three pillars 3 • • 2 • • 1 • • • • •
Slide 14: elumeo made progress on all three strategic areas in 2015
elumeo made progress on all three strategic areas in 2015 1 2 3 • • • • • • • • • • • • •
Slide 15: Initiatives to enhance the cost leadership
Initiatives to enhance the cost leadership ● ● ● ● ● ● ●
Slide 16: Agile integrated gemstone-buying
Agile integrated gemstone-buying: In 2015 elumeo has driven integration one level further ● ● ● ● ● ●
Slide 17: Efficiency gains offset by low Thai Baht to Euro exchange rate
In 2015 part of the gains in efficiency have been offset by historically low exchange rate between Thai Baht and Euro • • •
Slide 18: In Q2 2016 new formats have been successfully launched
In Q2 2016 new formats have been successfully launched ● ● ● ● ●
Slide 19: Table of contents
Table of contents 1) elumeo at a glance 2) elumeo’s Transformation Opportunity } 6 Financials 4) Outlook 2016 5} Appendix elumeo|19 + la
Slide 20: 2015 vs. 2014 performance – Overview
2015 vs. 2014 performance – Overview ● ● ●
Slide 21: Q1 2016 vs. Q1 2015 performance – Overview
Q1 2016 vs. Q1 2015 performance – Overview ● ● ●
Slide 22: Gross Profit and -Margin back on track after challenging second half 2015
Gross Profit and -Margin back on track after challenging second half 2015 • • •
Slide 23: The positive trend gained momentum in Q2
The positive trend gained momentum in Q2 ● ● ● ●
Slide 24: Table of contents
Table of contents 1) elumeo at a glance 2) elumeo’s Transformation Opportunity } 3) Financials 2) Outookans 2005 5} Appendix elumeo|24 + la
Slide 25: 2016 Outlook
2016 Outlook Following a large number of sales initiatives the outlook for 2016 is positive * The cooperation with Kat Florence Jeweller and the usage of Sarah Jesscia Parker as brand testimonial will increase visibility of Juwelo in many markets * Relaunch of the webshop in the United Kingdom * Lau
Slide 26: Table of contents
Table of contents 1) elumeo at a glance 2) elumeo’s Transformation Opportunity 3) Financials 4) Outlook 2016 gS) Aopen elumeo|26
Slide 27: Consolidated Income Statement
Consolidated Income Statement
Slide 28: Segment Report
Segment Report Q1 2016 Revenue Gross profit Segment- EBITDA Sales division Germany & Italy 11,912 5,656 -966 Sales division Others 3,018 1,232 -1,153 Group functions & eliminations 0 682 -178 Total 14,930 7,570 -2,298 Q1 2015 Revenue Gross profit ©Segment- EBITDA Sales division Germany & Italy 15,85
Slide 29: Balance sheet
Balance sheet ASSETS 31/03/2016 31/12/2015 Non-current assets Intangible assets 999 1011 Property, plant and equipment 11,603 11.676 Other financial assets 413, 420 Other non-financial assets 2,026 2,088 Deferred tax assets 2,387 2.645 Total non-current assets 17,427 17,840 Current assets Inventorie
Slide 30: Balance sheet
Balance sheet EQUITY & LIABILITIES 31/03/2016 31/12/2015 Equity Issued capital 5,500 5,500 Capital reserve 33,537 33,397 Retained earnings 6,237 10,115 Foreign currency translation reserve 1,628 2,045 Total equity 46,903 51,057 Non-current liabilities Financial debt 11,593 14,771 Other non-current f
Slide 31: Cash Flow Statement
Cash Flow Statement 01.01. - 01.01. - 31.03.2016 31/03/2015 Earnings before interest and taxes (EBIT) -5.420 -1,084 +/- Depreciation and amortisation on non-current assets +415 +186 +/- Increase/decrease in provisions +34 -81 +/- Equity-settled share-based remuneration +141 0 +/- Other non-cash expe
Slide 32: Cash Flow Statement
Cash Flow Statement 01.01. - 01.01. - 31.03.2016 31/03/2015 - Payments for investments in intangible assets -34 -15 - Payments for investments in property, plant and equipment -512 -409 = Cash flow from investing activities -546 -424 + Proceeds from increase in financial debt +1,/82 +7,551 - Payment
Slide 33: Points of contact
6 Points of contact Executive Board: Wolfgang Boyé, Don Kogen, Bernd Fischer, Boris Kirn, Thomas Jarmuske, Deborah Cavill, Anette Bronder, Roland Sand Investor Relations contact: Alexander Enge Erkelenzdamm 59/61 10999 Berlin E-Mail: IR@elumeo.com Phone: +49 30 69 59 79-231 Fax: +49 30 69 59 79-650
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