New Wave Group Ab Class B · OMXSTO:NEWA_B
New Wave Group Ab Class B — Q1 2015 Earnings Presentation
18 slides from New Wave Group Ab Class B's earnings presentation, March 2015
Slide 1: Interim Report January - March 2015
Craft Interim Report January - March 2015 J.Harvest & Frost
Slide 2: This is New Wave Group
This is New Wave Group New Wave Group is a growth company. We design, acquire and develop brands and products in the corporate promotion, gifts and home furnishings sectors. Our three operating segments are: Corporate Promo; promowear, promotional gifts and workwear, Sports & Leisure and Gifts &
Slide 3: Operating segments and markets
Corporate Promo Operating segments and markets New Wave Group distributes more than 40 different brands, 3 of which are licensed brands. The rest are fully owned. Sport & Leisure Each brand is categorised according to which of our three operating segments it belongs to; Corporate Promo, Sports & Lei
Slide 4: Corporate Promo vision
J. Harvest & Frost Corporate Promo vision The vision for the Corporate Promo operating segment is to become the leading supplier in Europe and one of the leading suppliers in the USA of promotional products by offering retailers a broad product range, strong brands, advanced expertise and service, a
Slide 5: Sports & Leisure vision
Seger Sports & Leisure vision The vision for the Sports & Leisure operating segment involves establishing the wholly owned brands Craft and Seger as international functional sportswear brands, and making Cutter & Buck a world-leading golf apparel brand. The vision also entails to strengthening Speed
Slide 6: Gifts & Home Furnishings vision
Orrefors Kosta Boda Gifts & Home Furnishings vision The vision for the Gifts & Home Furnishings operating segment area is to make Orrefors and Kosta Boda world- leading glass and crystal suppliers. Part of the vision also involves utilising innovative and playful design to make Sagaform a prominent
Slide 7: Financial information
Clique Retail Craft Craft Cutter & Buck Financial information J.Harvest & Frost
Slide 8: January – March 2015
Clique January – March 2015 Sales SEK 1 096 (909) million Sales in local currencies 9% Corporate Promo 29%, Sport & Leisure 19%, Gifts & Home -2%. Improvements in Sweden, Other Nordic countries and Europe Promo sales channel 30%, retail 12% Operating segments Corporate Promo 29% to SEK
Slide 9: Sales per area
January – March 2015 Sales per area JAN-MAR Part of JAN-MAR Part of Change % 2015 turnover 2014 turnover MSEK Sweden 236 22% 220 24% 16 7 USA 287 26% 221 24% 66 30 Nordic countries, excl Sweden 163 15% 143 16% 20 14 Central Europe 222 20% 190 21% 32 17 South Europe 103 9% 76 8% 27 36 Other countries
Slide 10: Sales
Sales 1500 1200 900 600 300 0 Q1 Q2 Q3 Q4 2010 2011 J 2012 2013 2014 Fh 2015
Slide 11: January – March 2015
January – March 2015 J. Harvest & Frost Gross profit margin amounted to 45.7 (45.2)% improved service level, but also mix of countries and customers Total costs amounted to SEK -475.4 (-409.0) million additional sales and marketing activities currency affected costs negatively with SEK 45
Slide 12: Income statement
January – March 2015 Income statement Jan-Mar Jan-Mar SEK Million 2015 2014 Income 1 096.1 908.5 Goods for resale -595.7 -497.7 Gross profit 500.4 45.7% 410.8 45.2% Other operating income 9.3 7.1 External costs -270.1 -229.5 Personnel costs -205.3 -179.5 Depreciation/amortization -14.9 -12.4 Other o
Slide 13: EBITDA per operating segment
January – March 2015 Orrefors EBITDA per operating segment Corporate Promo amounted to SEK 9.1 (1.4) million Higher turnover Higher costs due to increased activity within sales and marketing Sports & Leisure amounted to SEK 24.6 (18.9) million Higher turnover Higher costs due to increase
Slide 14: Result before tax
Result before tax Q1 Q2 Q3 Q4 2010 (2011 [2012 F203 F204 ff 2015
Slide 15: Cash flow
January - March 2015 Cash flow Jan-Mar Jan-Mar SEK Million 2015 2014 Cash flow from operating act. before changes in working capital -9.2 -7.1 Changes in working capital -19.7 95.9 Cash flow from operations -28.9 88.8 Investing activitites -26.3 -15.0 Cash flow after investing activities -55.2 73.8
Slide 16: Financial highlights - summary
Financial highlights - summary Jan-Mar Jan-Mar Jan-Dec Jan-Dec Jan-Dec Jan-Dec Jan-Dec 2015 2014 2014 2013 2012 2011 2010 Sales growth, % 20.6 3.6 5.6 -5.4 1.0 -0.2 3.8 Number of employees 2 264 2 159 2 212 2 123 2 258 2 470 2 196 Gross profit margin, % 45.7 45.2 45.7 46.2 43.6 47.7 47.1 Operating m
Slide 17: CEO summary
CEO summary Sales and result Growth increases ! I am pleased on more or less all points Despite that we are in an investment phase, where we are increasing our costs as well as taking one-off costs, we managed to improve operating profit Balance sheet Strong balance sheet with an equity
Slide 18: Craft offers sports lovers at all levels
Craft offers sports lovers at all levels underwear, insulating mid layer, and outerwear within running, cross country skiing, bicycling and alpine skiing. We strive to make everyone who buys our products a happy customer. If you choose to invest in New Wave Group we want you to know that we promise