Slide 1: Half Year FY2025 Results
Half Year FY2025 Results Half Year ended 29 December 2024
Slide 2: Contents
Contents Value creation and investor value proposition 3 Operational highlights 4 H1 FY25 sales and profit 5 H1 FY25 summary of financial performance 6 Operational Update 7 Dividends and trading update 11 Appendix 13 2 Accent Group Half Year FY2025 Results Presentation
Slide 3: Value creation and investor value proposition
Value creation and investor value proposition Total Shareholder Return(1) comparison of Accent and the ASX200 (31 December 2014 to 31 December 2024) 1,000% Total Shareholder Return since 31 December 2014: Accent Group: 22.5% (Annualised Return) 750% ASX200 Index: 10.0% (Annualised Return) 659.6% 500
Slide 4: Operational highlights
Operational highlights Total Sales (inc. Franchisees) NPAT $845 million1 $47 million +4.2% on H1 FY24 +11.7% on H1 FY24 Retail Owned Sales Store Network Vertical Sales 903 $684 million stores across Australia & New Zealand >$65 million +5.1% on H1 FY24 with 42 new stores opened during H1 c.9% of tot
Slide 5: H1 FY25 sales and profit
H1 FY25 sales and profit Key Metrics % $’000’s H1 FY251 H1 FY24 Change Group Sales (inc. Franchisees) 844,646 810,924 4.2% EBITDA 158,329 157,477 0.5% EBIT 80,6532 72,357 11.5% PBT 66,579 59,758 11.4% NPAT 47,184 42,236 11.7% Interim Dividend 5.5 cents 8.50 cents 1. Financial results for the 26 week
Slide 6: H1 FY25 summary of financial performance
H1 FY25 summary of financial performance Financial Summary— H1 FY25 Vs H1 FY24 Operating Highlights % Profit & Loss ($000's) H1 FY251 H1 FY24 Change • Total company owned sales of $767.0 million Owned sales 766,960 732,897 4.6% Sales • LFL retail sales up 2.9% • Wholesale sales up 1.3% Gross profit
Slide 7: Operational update
Operational update Accent Group
Slide 8: Retail Owned Sales & Store Network
Retail Owned Sales & Store Network Retail • Retail sales up +5.1% on H1 FY24 Retail Owned Sales (Millions) • LFL retail sales up +2.9% • Strong retail performance across Hype DC, TAF, Hoka, Stylerunner and Nude Lucy +5.1% Sales (Millions) $650.6 $683.5 H1 FY24 H1 FY25 Sales Stores • 42 new stores ad
Slide 9: Vertical Owned Brands & Wholesale Sales
Vertical Owned Brands & Wholesale Sales Vertical Owned Brands Vertical Owned Brands Sales • Consistent growth of Vertical Owned Brand sales compared to H1 FY24 (Millions) • Sales in excess of $65 million Sales (Millions) >$65 >$60 >$50 $30.2 $9.7 H1 FY21 H1 FY22 H1 FY23 H1 FY24 H1 FY25 Wholesale Sal
Slide 10: Customers & Loyalty
Customers & Loyalty Accent Group Contactable Customers (Millions) -0.2 9.8 10.2 million 9.8 10.0 9.3 9.3 customers 8.4 8.4 FY21 FY22 FY23 FY24 Sale of The Trybe FY25 H1 • Contactable customers of 10.0 million. Decrease of 0.2m due to sale of The Trybe. • Loyalty program membership of 8.1 million acr
Slide 11: Dividends and trading update
Dividends and trading update
Slide 12: Dividends and trading update
Dividends and trading update • Accent Group has announced an interim dividend for H1 FY25 of 5.5 cents per share, fully Dividends franked, payable on 20 March 2025 to shareholders registered on 6 March 2025. • LFL sales for the first 7 weeks of H2 (30 December - 16 February) are up 2.2% on the prior
Slide 13: Appendix
Appendix Accent Group
Slide 14: Store network and distribution agreements
Store network and distribution agreements Store Network 1. Includes websites (33) and franchises (55) 2. Discontinuation of CAT and The Trybe business Distribution Agreements Total Distribution Agreements: 12 14 Accent Group Half Year FY2025 Results Presentation
Slide 15: Balance sheet
Balance sheet Balance Sheet Commentary 29 Dec 2024 30 Jun 2024 31 Dec 2023 • An increase in inventory holding since 30 June 24 $000's FY25 FY24 H1 FY24 due to an increase in the Group’s store footprint, Trade receivables and prepayments 54,893 43,158 48,339 further investment into Hoka and the imple
Slide 16: Gross margin and FX rate
Gross margin and FX rate Statutory Gross Margin (%) and FX Rate Overview 59% 0.80 58% 0.76 57% 0.74 0.75 0.73 56% Gross Margin % 0.71 FX Rate 55% 0.70 54% 58.1% 0.68 57.3% 0.67 0.67 56.7% 56.6% 53% 55.2% 55.6% 0.65 52% 53.3% 51% 50% 0.60 H1 FY19 H1 FY20 H1 FY21 H1 FY22 H1 FY23 H1 FY24 H1 FY25 Gross
Slide 17: The Accent business model
The Accent business model Accent Group’s mission is to be the market leading, digitally integrated retail and distribution business, in the performance lifestyle market for footwear, apparel and accessories across Australia and New Zealand. The Accent Business model Scalable, flexible and defensible
Slide 18: Notice and disclaimer
Notice and disclaimer • This presentation has been prepared by Accent Group Limited ABN 85 108 096 251 (Accent Group or Company) and is general background information in relation to Accent Group and its activities current as at the date of this presentation. It is information given in summary form a