Slide 1: Investor presentation July-September 2022
Investor presentation JULY-SEPTEMBER 2022
Slide 2: Content
Content Fiskars Group in brief Strategy Business Areas Financials Q2 2022 Appendices 2 JULY–SEPTEMBER 2022 Ⓒ FISKARS GROUP
Slide 3: Pioneering design to make the everyday extraordinary
OU R PU RPOSE Pioneering design to make the everyday extraordinary THE GLOBAL HOME OF DESIGN-DRIVEN BRANDS FOR INDOOR AND OUTDOOR LIVING 3 JULY–SEPTEMBER 2022 Ⓒ FISKARS GROUP
Slide 4: Strong brand portfolio
Strong brand portfolio 4 JULY–SEPTEMBER 2022 Ⓒ FISKARS GROUP
Slide 5: Fiskars Group key figures 2021
Fiskars Group key figures 2021 Net sales Comparable EBITA EUR million EUR million 1,254.3 168.8 Earnings per share Comparable EBIT EUR EUR million 1.06 154.2 Cash flow from Personnel operating activities Dec 31, 2021 before financial items and taxes EUR million 6,690 164.2 5 JULY–SEPTEMBER 2022 Ⓒ FI
Slide 6: Business Areas and key categories
Business Areas and key categories VITA TERRA CREA BUSINESS AREAS & KEY CATEGORIES Scissors Tableware Drinkware Interior Gardening Outdoor Watering & creating Cooking KEY BRANDS BA SHARE OF NET SALES 44% 43% 14% 6 JULY–SEPTEMBER 2022 Ⓒ FISKARS GROUP
Slide 7: Fiskars the largest brand – 2021 sales splits
Fiskars the largest brand – 2021 sales splits SALES SPLIT BY BRAND SALES SPLIT BY GEOGRAPHY SALES SPLIT BY CATEGORY Cooking Other Asia-Pacific Scissors & Creating 5% 18% 15% 9% Watering Tableware Moomin 28% Fiskars 7% 3% 41% Waterford 6% Europe Outdoor 47% 7% 7% Gerber 8% 38% Drinkware 7% Americas 8
Slide 8: Our global presence
Our global presence Our brands are present in more than 100 countries We have more than 350 own stores Employees globally 7,000 8 JULY–SEPTEMBER 2022 Ⓒ FISKARS GROUP
Slide 9: Strategy
Content Fiskars Group in brief Strategy Business Areas Financials Q1 2022 Appendices 9 JULY–SEPTEMBER 2022 Ⓒ FISKARS GROUP
Slide 10: The Growth Strategy – clear strategic focus and transformation levers
The Growth Strategy – clear strategic focus and transformation levers WE FOCUS ON WINNING: LOGIC Brands Channels Countries Commercial excellence Direct to consumer TRANSFORMATION LEVERS U.S. China INNOVATION ENABLERS PEOPLE DIGITAL SUSTAINABILITY & DESIGN 10 JULY–SEPTEMBER 2022 Ⓒ FISKARS GROUP
Slide 11: We focus on winning brands
WINNING BRANDS We focus on winning brands, enabled through clear roles across our portfolio WINNING BRANDS TURNAROUND BRANDS 11 JULY–SEPTEMBER 2022 Ⓒ FISKARS GROUP
Slide 12: Driving Fiskars as our #1 brand
Driving Fiskars WINNING BRANDS as our #1 brand Global brand with strong recognition Strong historical performance • >40% of Fiskars Group net sales • Approx. 7% comp. net sales CAGR 2017 Further room to utilize brand stretch and surround the consumer • Product portfolio across key markets • Clothing
Slide 13: Building winning brands through new ways of thinking
We are building WINNING BRANDS winning brands through new ways of thinking Case Moomin • Story telling translated into collectibles • Currently net sales over EUR 30 million • Fiskars Group minority shareholder in Rights & Brands since Sept ‘21 Strategic partnership enables global growth beyond our
Slide 14: Strengthening our DTC
Strengthening our WINNING BRANDS DTC to address the needs of the modern consumer • Win in the channel shift; focus on growing in the direct channel, incl. eCom and own stores • Invest significantly in digital organization and capabilities • Optimize store presence, incl. new store openings in China
Slide 15: The direct channel (DTC) increasingly important
WINNING CHANNELS The direct channel (DTC) increasingly important GROUP NET SALES BY CHANNEL NUMBER OF STORES TOTAL NUMBER OF STORES: 362 Direct, e-commerce Direct, stores Indirect, e-commerce 5% 13% 9% Store Europe Outlet 13% 21% 32% 67% 2% Americas 73% 66% Indirect, other Asia-Pacific Concession 15
Slide 16: Commercial excellence drives performance improvement
Commercial excellence WINNING CHANNELS drives our performance improvement across all channels Our Commercial Excellence, examples • Win with the Winners • Value-based pricing • In-store and online excellence • Distribution and product coverage 16 JULY–SEPTEMBER 2022 Ⓒ FISKARS GROUP
Slide 17: U.S. continues to deliver a majority of our growth
U.S. continues to WINNING COUNTRIES deliver a majority of our growth • Favorable market dynamics − Demand driver for branded consumer products • Strong platform with scale in place − Fiskars leading gardening brand − Strong presence at key big-box retailers and e-tailers • Further improvement in sig
Slide 18: Strong start in China with significant growth opportunities
We have a strong WINNING COUNTRIES start in China with significant growth NET SALES IN CHINA (EURm) opportunities ahead 29 CAGR: • Strong market demand +55% • Solid foundation, impressive track -record − Capable local team in place 15 − >50% net sales CAGR during past 4 years 9 − Growth driven by We
Slide 19: Progress in transformation levers in Q2/H1 2022
Progress in transformation levers in Q2/H1 2022 Q2 2022 H1 2022 Commercial • Broad-based sales growth in all business areas, good balance with volume and value growth excellence • Cost increases partially mitigated, underlying gross margin declined Direct to • Direct channel +15%; DTC 18% of net sal
Slide 20: Our enablers for the future
Our enablers for the future PEOPLE DIGITAL INNOVATION & SUSTAINABILITY DESIGN We are committed to We want to be We are on a mission for building an inclusive data-driven, and are We are known for our the lasting wellbeing of culture. We want to investing significantly design, and want to people and
Slide 21: Clear sustainability priorities to drive real impact
We have clear sustainability priorities to drive real impact AGAINST THROWAWAY FOR A CARBON FOR INCREASED JOY CULTURE NEUTRAL FUTURE 21 JULY–SEPTEMBER 2022 Ⓒ FISKARS GROUP
Slide 22: Commitment to UN Business Ambition for 1.5°C
Fiskars Group’s science-based targets are: 1. Fiskars Group commits to reduce greenhouse gas emissions from own operations (Scope 1 and 2) 60% by 2030 from a 2017 base year 2. Fiskars Group commits to reduce greenhouse gas emissions from upstream transportation and distribution (Scope 3) 30% by 2030
Slide 23: Progress in sustainability in H1 2022
Progress in sustainability in H1 2022 GREENHOUSE GAS EMISSIONS COLLABORATION WITH REDUCTIONS OUTOKUMPU • Fiskars Group is the first company 2030 target: GHG emissions from own to make use of their new Circle operations (Scope 1 and 2) reduced by Green stainless steel - a new 60% from a 2017 base yea
Slide 24: Business Areas
Content Fiskars Group in brief Strategy Business Areas Financials Q1 2022 Appendices 24 JULY–SEPTEMBER 2022 Ⓒ FISKARS GROUP
Slide 25: BA Vita
BA Vita NET SALES AND COMPARABLE EBIT MARGIN KEY CATEGORIES EURm % 200 30 187 180 172 171 160 18.3% 20 17.0% Tableware Drinkware Interior 14.3% 14.6% 140 116 134 11.1% 10.6% 121 118 9.8% 120 8.9% 10 110 6.9% 111 108 101 100 94 KEY BRANDS 1.1% 81 80 -2.1% 0 60 -6.5% 40 -10 -15.4% 20 0 -20 Q1 19 Q2 19
Slide 26: BA Vita – Markets and channels
BA Vita – Markets and channels KEY MARKETS DISTRIBUTION CHANNELS • Nordics • UK D i r e ct R e tai l e rs; c o n su m er • U.S. S to r e s & sal e s; Bto B • China e - c o mm sto r e s & e - c o mm • Japan 26 JULY–SEPTEMBER 2022 Ⓒ FISKARS GROUP
Slide 27: BA Vita – net sales splits (2021)
BA Vita – net sales splits (2021) SALES SPLIT BY BRAND SALES SPLIT BY CHANNEL SALES SPLIT BY GEOGRAPHY Others Iittala 22% 21% Asia-Pacific Direct 31% 38% Moomin 7% Europe 54% Indirect 21% 62% 13% Royal Copenhagen 15% Waterford Americas 16% Wedgwood 27 JULY–SEPTEMBER 2022 Ⓒ FISKARS GROUP
Slide 28: BA Terra
BA Terra NET SALES AND COMPARABLE EBIT MARGIN KEY CATEGORIES EURm % 180 173 30 160 154 157 149 19.9% 20.5% 140 128 129 20 Gardening Outdoor Watering 125 17.0% 16.3% 118 120 113 14.5% 112 98 11.7% 100 95 96 11.0% 8.2% 10 KEY BRANDS 80 7.0% 5.6% 60 2.2% -0.8% 0 40 -2.8% 20 0 -10 Q1 19 Q2 19 Q3 19 Q4 1
Slide 29: BA Terra – Markets and channels
BA Terra – Markets and channels KEY MARKETS DISTRIBUTION CHANNELS • U.S. • North & D i r e ct Central R e tai l e rs; c o n su m er Europe S to r e s & Bto B sal e s; sto r e s e - c o mm & e - c omm 29 JULY–SEPTEMBER 2022 Ⓒ FISKARS GROUP
Slide 30: BA Terra – net sales splits (2021)
BA Terra – net sales splits (2021) SALES SPLIT BY BRAND SALES SPLIT BY CHANNEL SALES SPLIT BY GEOGRAPHY Direct Watering Asia-Pacific 1% 3% 17% Europe 39% Outdoor 17% 58% 66% Americas Gardening 99% Indirect 30 JULY–SEPTEMBER 2022 Ⓒ FISKARS GROUP
Slide 31: BA Crea
BA Crea NET SALES AND COMPARABLE EBIT MARGIN KEY CATEGORIES EURm % 50 40 47 45 46 45 44 42 42 40 40 33.5% 39 38 35 36 Scissors Cooking 35 & creating 32 30 30 30 26.8% 25.9% 25.0% 25 23.5% KEY BRANDS 22.5% 20 21.3% 19.9% 19.0% 20 15 16.9% 16.2% 10 13.3% 5 12.3% 0 10 Q1 19 Q2 19 Q3 19 Q4 19 Q1 20 Q2 2
Slide 32: BA Crea – Markets and channels
BA Crea – Markets and channels KEY MARKETS DISTRIBUTION CHANNELS • U.S. • North & D i r e ct Central R e tai l e rs; c o n su m er Europe S to r e s & Bto B sal e s; sto r e s e - c o mm & e - c omm 32 JULY–SEPTEMBER 2022 Ⓒ FISKARS GROUP
Slide 33: BA Crea – net sales splits (2021)
BA Crea – net sales splits (2021) SALES SPLIT BY BRAND SALES SPLIT BY CHANNEL SALES SPLIT BY GEOGRAPHY Direct Asia-Pacific 2% 6% Cooking 40% 48% 50% 60% 94% Scissors & Creating Americas Europe Indirect 33 JULY–SEPTEMBER 2022 Ⓒ FISKARS GROUP
Slide 34: Group seasonality balanced by portfolio
Group seasonality balanced by portfolio NET SALES AND EBIT – QUARTERLY SPLIT SEASONAL FEATURES BY BUSINESS AREA 0% 25% 50% 75% 100% Vita Vita • Highest season in year-end holiday period • Seasonal pre-orders approx. one-third of the business; NET SALES Terra the rest from replenishment and DTC • Ord
Slide 35: Financials
Content Fiskars Group in brief Strategy Business Areas Financials Q1 2022 Appendices 35 JULY–SEPTEMBER 2022 Ⓒ FISKARS GROUP
Slide 36: Group net sales and profitability development
Group net sales and profitability development EURm % 1,400 30 1,254 1,205 1,186 1,200 1,107 1,119 1,116 1,090 1,000 20 800 600 42.5% 43.2% 43.0% 43.4% 41.0% 40.5% 38.7% 10 400 200 0 0 2015 2016 2017 2018 2019 2020 2021 Net sales Gross margin 36 JULY–SEPTEMBER 2022 Ⓒ FISKARS GROUP
Slide 37: Profitability has improved
Profitability has improved % EURm 180 168.8 25 160 140 136.8 20 119.0 121.7 120 107.1 13.5% 15 100 90.6 12.3% 75.7 10.9% 80 10.0% 12.3% 8.9% 8.3% 10 60 6.8% 9.8% 9.8% 8.7% 7.7% 7.1% 40 5 5.9% 20 0 0 2015 2016 2017 2018 2019 2020 2021 Comp. EBITA Comp. EBITA margin Comp. EBIT margin 37 JULY–SEPTEMBER
Slide 38: Quarterly development – last 3 years
Quarterly development – last 3 years NET SALES, EUR MILLION COMPARABLE EBIT, EUR MILLION 400 60 353 52 333 313 319 50 308 302 307 47 300 292 280 41 265 267 249 256 40 36 36 36 34 32 32 200 30 22 20 15 100 13 10 10 0 0 Q2 Q3 Q4 Q1- Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1- Q2 Q2 Q3 Q4 Q1- Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1- Q2
Slide 39: Financial Targets Tracking
Financial Targets Tracking WELL ON TRACK WITH SALES GROWTH TARGET, INFLATION AND SUPPLY CHA IN DISRUPTIONS AFFECTING EBIT AND CASH FLOW FY FY LTM KPI TARGET 2020 2021 JUNE 2022 NET SALES Organic, FX neutral Mid-Single-Digit growth z 3.4% 14.2% 10.5% EBIT Mid-teen EBIT margin (excl. IAC) by end of 20
Slide 40: The Growth Strategy addresses all value creation levers
The Growth Strategy addresses all value creation levers TSR DRIVERS • We secure profit growth through increased focus on Gross Margin improvement PROFIT GROWTH • OPEX fluidity to ensure funding of the strategic growth investments • We manage both short- and long-term profit improvement thru our tigh
Slide 41: Net Sales
Net Sales WINNING BRANDS, COUNTRIES AND CHANNELS SHARE OF FY NET SALES AND CONTRIBUTION TO FX NEUTRAL GROWTH OF 14.2% (VS. EXPECTED CONTRIBUTION TO STRATEGIC MSD GROWTH TARGET) FY 2021 NET SALES STRUCTURE BY WINNING …AND THEIR CONTRIBUTION TO THE 2021 GROWTH (VS. BRANDS, COUNTRIES AND CHANNELS… EXPE
Slide 42: Profitability - OPEX
Profitability - OPEX INVESTMENTS IN GROWTH BUILDING BLOCKS ARE FUNDED THRU FLUIDITY AND GROSS PROFIT IMPROVEMENT. CONTINGENCIES IN PLACE TO PROTECT THE BOTTOM LINE OPEX COMPONENTS (% OF NET OPEX LOGIC GROWTH • Sales expenses (incl. DTC) % SALES), ACTUAL VS. TARGET DRIVEN • Expected to follow topline
Slide 43: Capital Expenditure
Capital Expenditure FUND ALLOCATION FOLLOWS THE STRATEGIC ACCELERATION – DTC AND DIGITAL SHARE OF CAPEX TO INCREASE CAPEX DEVELOPMENT 2018 – 2021 TARGET 4.1 % of 3.7 % of 2.6 % of 2.7 % of ~4% of Net sales Net sales Net sales Net sales Net sales 20% 31% 30% Supply Chain 25% 25% 15% 13% 24% 17% DTC 1
Slide 44: Free Cash Flow
Free Cash Flow FREE CASH FLOW REMAINS SOLID THOUGH INVESTMENTS IN NWC 2018 2019 2020 2021 137 137 118 118 224 224 221 221 30 57 46 40 20 33 178 124 26 114 18 36 174 59 64 95 47 13 3 Sources Uses Sources Uses Sources Uses Sources Uses Cash Flow from Operation Change in NWC CAPEX Cash Taxes Free Cash
Slide 45: Balance Sheet
Balance Sheet STRONG BALANCE SHEET REMAINED UNCHANGED NET DEBT / LTM EBITDA Q4/2017 – Q4/2021 NET DEBT 31.12.2017 – 31.12.2021 3,0 261 3,0X 2,5 2,5X Target to remain below 2,3 2.3 2.5x 2.2 111 2.0 2,0X 1,8 1,7 148 144 145 1,6 135 1,5X 1.3 1.1 1.0 95 1,0X 0,9 112 0.8 0,7 150 0.6 0,6 0,5X 49 34 0,0X Q
Slide 46: Clear growth in dividend for 2021
Clear growth in dividend for 2021 Base Dividend First dividend Extra Dividend Second dividend DIVIDEND PER SHARE (DPS) HISTORY 2009 –2021 Wärtsilä share EUR distribution 2.60 5.31 1.60 1.40 1.30 1.20 1.00 0.80 0.75 0.76 0.70 0.71 0.72 0.65 0.67 0.68 0.60 0.62 0.60 0.60 0.54 0.56 0.52 0.38 0.28 0.30
Slide 47: Q2 2022
Content Fiskars Group in brief Strategy Business Areas Financials Q2 2022 Appendices 47 JULY–SEPTEMBER 2022 Ⓒ FISKARS GROUP
Slide 48: Highlights of Q2 2022
Highlights of Q2 2022 NINTH C O S T I N C R E AS ES I N V E S T M EN TS I N FY O U T LO O K C O N S E CUT I VE PA R T I A LLY GROWTH U N C H ANGE D: Q U A R T ER O F N E T M I T I G A T E D, FU N D AM EN TALS C O M PA RABLE E BI T S A LE S G R O W T H C O M PA RABLE E BI T A R E D E LI V E R I NG T
Slide 49: Fiskars Group Comparable Net Sales in Q2 2022
Fiskars Group Comparable Net Sales in Q2 2022 NET SALES, EUR MILLION NET SALES BRIDGE, EUR MILLION +3.9% +7.7%* +3.9% +7.7%* 353 +6.9 +0.1 319.1 333 313 319 +7.3 302 307 292 307.2 -24.3 280 +8.7 +15.2% 267 +13.2 296.1 +5.5% +7.3% Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q2 2021 Divest- FX rate Q2 2021 BA Vita BA
Slide 50: Fiskars Group Comparable EBIT in Q2 2022
Fiskars Group Comparable EBIT in Q2 2022 COMPARABLE EBIT (EUR MILLION) AND EBIT MARGIN (%) COMPARABLE EBIT BRIDGE, EUR MILLION EUR million % Q2/22 vs. Q2/21 reported Q2/22 vs. Q2/21 adjusted -5.1 -2.2 60 20 41.4 -2.9 +0.4 +0.4 -5.2 51.8 18 +2.3 50 46.6 16 38.5 41.4 36.3 14 40 35.7 36.0 36.3 34.1 12
Slide 51: Consolidated Q2/H1 income statement
Consolidated Q2/H1 income statement Q2 and H1 P&L Key Figures (EUR million) Key Takeaways Q2 H1 Gross margin up 30bps (Q2) and 110bps (H1) vs. 2021 2022 2021 2022 2021 • Structural change as main driver; organic GM down Net sales 319.1 307.2 651.7 609.4 220bps (Q2) and 90bps (H1) Comparable gross pr
Slide 52: H1/22 Gross margin and EBIT bridge by component
H1/22 Gross margin ja EBIT bridge by component DTC ~2/3 88.0 88.1 81.9 Digital acceleration ~1/2 US Water Cost Other H1-22 expense Sales and General growth R&D Price/Mix/CI Marketing H1-21 Admin income/ Adjusted Volume inflation 52 JULY–SEPTEMBER 2022 Ⓒ FISKARS GROUP
Slide 53: Vita in Q2 2022
Vita in Q2 2022 NET SALES, EUR MILLION COMPARABLE EBIT (EUR MILLION) AND EBIT MARGIN (%) +9.7% EUR million % +7.3%* 40 20 200 187 31.9 15 171 30 24.9 24.5 10 150 134 20 121 127 14.4 5 111 116 12.4 10.6 12.2 10.7 108 10 0 100 81 -5 0 50 -10 -10 -15 -12.4 0 -20 -20 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q2 Q3 Q4
Slide 54: Terra in Q2 2022
Terra in Q2 2022 NET SALES, EUR MILLION COMPARABLE EBIT (EUR MILLION) AND EBIT MARGIN (%) -6.2% +5.5%* EUR million % 180 173 40 25 35.5 160 154 157 149 31.2 139 30 20 140 33 24 26.1 113 118 120 111 5.1 15 98 20 17.4 100 15.0 12.4 2.9 10 80 10 6.8 6.2 60 5 40 0 0 20 -3.3 0 -10 -5 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Slide 55: Crea in Q2 2022
Crea in Q2 2022 NET SALES, EUR MILLION COMPARABLE EBIT (EUR MILLION) AND EBIT MARGIN (%) EUR million EUR million % +23.2% 60 +15.2%* 15 13.9 35 52 50 46 47 11.6 11.7 30 45 44 11.3 11.4 41 42 40 38 25 36 10 8.3 8.1 8.1 20 30 5.7 15 20 5 10 10 5 0 0 0 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Slide 56: Net sales by geography in Q2 2022
Net sales by geography in Q2 2022 COMP. EUR million Q2 2022 Q2 2021 CHANGE CHANGE* Unallocated Europe 145.1 136.6 6.2% 5.9% Asia-Pacific 2.1% Americas 119.0 129.5 -8.1% 6.3% 15.1% Asia-Pacific 48.2 42.2 14.3% 11.4% Unallocated** 6.7 -1.0 *Excluding the impact of exchange rates, acquisitions and dive
Slide 57: Q2/H1 Cash Flow
Q2/H1 Cash Flow HIGHER INVENTORIES IMPACTING CASH FLOW NEGATIVELY, LIQUIDITY REM AINED HEALTHY DISTRIBUTABLE CASH FLOW (EURm) CHANGE IN LIQUIDITY (EURm) Q2 H1 Q2 H1 2022 2021 2022 2021 2022 2021 2022 2021 EBITDA 54 54 111 115 Cash Balance period opening 48 31 32 63 Non-cash adjustments -6 1 -15 -1 T
Slide 58: Q2 Balance Sheet
Q2 Balance Sheet CAPITAL EMPLOYED (EUR million) FUNDING (EUR million) 30.6.22 30.6.21 31.12.21 30.6.22 30.6.21 31.12.21 GW and other intangible 497 486 489 Equity 818 759 816 PPE and biological assets 195 191 195 Interest-bearing debt 191 82 65 Capitalised leases (ROU) 99 85 107 Lease liabilities 10
Slide 59: Full Year Outlook unchanged
Full Year Outlook unchanged: In 2022, Fiskars expects the comparable EBIT to increase from 2021 (2021: EUR 154.2 million). Fiskars closely monitors the development of consumer confidence, which has dropped to low levels in many of the company’s key markets and could impact the demand for its product
Slide 60: Appendices
Content Fiskars Group in brief Strategy Business Areas Financials Q1 2022 Appendices 60 JULY–SEPTEMBER 2022 Ⓒ FISKARS GROUP
Slide 61: Largest shareholders as of July 31, 2022
Largest shareholders as of July 31, 2022 NUMBER OF % OF SHARES AND # SHAREHOLDER NAME SHARES VOTES 1 Virala Oy Ab 12,650,000 15.45 2 Turret Oy Ab 11,430,961 13.96 3 Holdix Oy Ab 10,165,537 12.41 4 Sophie Von Julins Stiftelse 2,556,000 3.12 5 Julius Tallberg Corp. 2,554,350 3.12 6 Gripenberg Gerda Ma
Slide 62: Shareholder structure as of July 31, 2022
Shareholder structure as of July 31, 2022 Financial and NU MBER OF % OF SHARES 5,0% 1,6% insurance SECTOR SHARES AND VOTES 17,4% corporations 7,1% Financial and insurance Households corporations 14,260,172 17.4% Households 26,915,591 32.9% Non-financial corporations Non-financial corporations 29,512
Slide 63: Leadership Team
Leadership Team Nathalie Ahlström Jussi Siitonen Christian Bachler Charlene Zappa Tuomas Hyyryläinen CEO CFO Executive Vice President, Executive Vice President, Executive Vice President, Employed 2020 Employed 2021 Business Area Vita, Business Area Terra Business Area Crea Employed 2010 Employed 202
Slide 64: Board of Directors
Board of Directors 64 JULY–SEPTEMBER 2022 Ⓒ FISKARS GROUP
Slide 65: Cost of Goods
Cost of Goods COGS TOTAL OWN PRODUCTION DIRECT MATERIAL 100% 100% 100% Logistics Plastics Inbound 75% 75% Direct Materials 75% Steel Sourcing Aluminium 50% 50% 50% Packaging Labour Inbound 25% 25% 25% Components Own production Energy Other Other 0% 0% 0% 65 JULY–SEPTEMBER 2022 Ⓒ FISKARS GROUP
Slide 66: Calculation of financial indicators
Calculation of financial indicators INDICATOR DEFINITION EBIT Operating profit Comparable EBIT Operating profit (EBIT) +/- items affecting comparability EBITDA + change in provisions + non-cash adjustments – capital expenditure +/- change Free Cash Flow in inventories, trade receivables and trade pa
Slide 67: Disclaimer
Disclaimer This presentation contains forward-looking statements that reflect management’s current views with respect to certain future events and potential financial performance. Although Fiskars Group believes that the expectations reflected in such forward-looking statements are reasonable, no as
Slide 68: Thank you!
Thank you!