Slide 1: Financial Results for Quarter 1 of 2010
Financial Results for Quarter 1 of 2010 Sustainable profit, guaranteed future 18 May 2010
Slide 2: Group in Quarter 1 of 2010
GROUP IN QUARTER 1 OF 2010 This presentation covers Quarter 1 of Reporting Year 2010, i.e. the period from 1 January through 31 March 2010. On 1 January 2010 the Group aligned its reporting year with the calendar one. As agreed with KNF (Financial Supervision Commission), the report for Q1 2010 comp
Slide 3: Selected Financials
SELECTED FINANCIALS ACTION S.A. Capital Group, January - March 2010 Quarter 1 2010 Quarter 1 2008/2009 [in PLN thousand] (January – March) (August - October) Sales revenue 483,246 608,405 Gross profit on sales 39,660 62,372 Gross margin on sales 8.2% 10.3% Cost of sales and marketing 27,316 31,770 R
Slide 4: Quarter 1 at ACTION S.A.
QUARTER 1 AT ACTION S.A. Comparable to the respective period of previous year Sales revenue (PLN M) Net profit (PLN M) 482,120 475,040 12,630* 8,610 Q3 2008/2009 (II - IV) Q1 2010 (I - III) Q1 2009 (I - III) Q1 2010 (I - III) • Net profit for Quarter 1 2010 is compared to that of Q3. 2008/2009 (Febr
Slide 5: Market in Quarter 1 2010
MARKET IN QUARTER 1 2010 Q1 2010/ Q2 2009 Q3 2009 Q4 2009 Q1 2010 Q1 2009 PLN MM PLN MM PLN MM PLN MM +/-% Consumer 1,477 1,438 2,057 1,443 - 16.3% electronics Photo 357 298 278 230 - 12.0% Large home 1,288 1,580 1,472 1,067 - 16.5% appliances Small home 347 355 468 316 - 3.3% appliances Computer ha
Slide 6: Operations in Stagnation Period January - March 2010
OPERATIONS IN STAGNATION PERIOD January - March 2010 The Company sees no perspective of revival of the IT or consumer/white goods market (low consumption, which induces a price war). Maintaining good relationships with existing customers Actions aimed at obtaining new sales channels and new customer
Slide 7: Operations in Stagnation Period January - March 2010
OPERATIONS IN STAGNATION PERIOD January - March 2010 Strong emphasis on increasing the Group's performance, searching for internal cost synergies Optimising operating costs Maximum reduction of new investment costs Leveraging the synergy of co-operation with ACTION S.A., taking advantage of its stro
Slide 8: SFERIS
SFERIS January - March 2010 SFERIS COMPUTER PRODUCTS RETAIL CHAIN Opening new "island stand" points of sale – 9 stands open in Q1 2010 – target: 90 stands as at end of 2010 E-commerce drop-shipping program – over 3,000 shipments issued in March 2010 Moving SFERIS Sp. z o.o. head office to ACTION S.A
Slide 9: E-Commerce
E-COMMERCE January - March 2010 GRAM.PL PROJECT Quarter with record-breaking sales: 24.6 % increase compared to prev. quarter Heaviest visitor traffic so far Launching an offer of APPLE products Shopping for unregistered users – 10% share in all Quarter 1 sales (including 70% by new customers) A.PL
Slide 10: Thank You for Your Attention
THANK YOU FOR YOUR ATTENTION Contacts for the press and representatives of the capital market Anna Bielińska – Corporate Communication Director Telephone: +48 22 332 16 96, Email: anna.bielinska@action.pl Dominika Lenkowska – Martis CONSULTING Telephone: +48 22 244 57 09, Email: dominika.lenkowska@m