Van De Velde Nv · EURONEXT:VAN
Van De Velde Nv — H1 2022 Earnings Presentation
20 slides from Van De Velde Nv's earnings presentation, Aug 31, 2022
Slide 1: Financial report on consolidated results first half 2022: key numbers
FINANCIAL REPORT ON CONSOLIDATED RESULTS FOR THE FIRST HALF OF THE YEAR 2022 REGULATED INFORMATION Consolidated key numbers 30.06.2022 30.06.2021 Profit and loss statement (in € 000) Turnover 114 353 97 644 Other operating income 2 657 3 011 Cost of materials -18 506 -18 227 Other expenses -38 926 -
Slide 2: Turnover
FINANCIAL REPORT ON CONSOLIDATED RESULTS FOR THE FIRST HALF OF THE YEAR 2022 REGULATED INFORMATION TURNOVER On a comparable basis (including comparable seasonal deliveries), the consolidated turnover increases during the first half of 2022 by 21.5% from m€ 96.6 to m€ 117.4. The reported turnover inc
Slide 3: Other operating income and expenses; personnel expenses
FINANCIAL REPORT ON CONSOLIDATED RESULTS FOR THE FIRST HALF OF THE YEAR 2022 REGULATED INFORMATION OTHER OPERATING INCOME AND EXPENSES The other operating income and expenses consists out of following elements: (in € 000) 30.06.2022 30.06.2021 Revenue from charged costs 1 967 1 439 Revenue from reco
Slide 4: EBITDA
FINANCIAL REPORT ON CONSOLIDATED RESULTS FOR THE FIRST HALF OF THE YEAR 2022 REGULATED INFORMATION EBITDA On a comparable basis (including comparable seasonal deliveries), the consolidated EBITDA for the first half of 2022 increases by 30.0%, from m€ 29.1 in H1 2021 to m€ 37.8. The reported EBITDA i
Slide 5: Share of result equity pick up; income tax and net profit
FINANCIAL REPORT ON CONSOLIDATED RESULTS FOR THE FIRST HALF OF THE YEAR 2022 REGULATED INFORMATION SHARE OF RESULT ‘EQUITY PICK UP’ The result in the first half of 2022 of the participation (25.66%) in Top Form International Ltd. Based on the ‘equity’-method is m€ 0.1. The final results will be publ
Slide 6: Consolidated balance sheet
FINANCIAL REPORT ON CONSOLIDATED RESULTS FOR THE FIRST HALF OF THE YEAR 2022 REGULATED INFORMATION Consolidated balance sheet (in € 000) 30.06.2022 31.12.2021 Total fixed assets 71 095 73 290 Goodwill 4 573 4 617 Intangible fixed assets 19 675 20 276 Tangible fixed assets 22 572 22 997 Right-of-use
Slide 7: Fixed assets
FINANCIAL REPORT ON CONSOLIDATED RESULTS FOR THE FIRST HALF OF THE YEAR 2022 REGULATED INFORMATION FIXED ASSETS The fixed assets decrease by 3.0% in comparison to the end of 2021. This evolution of fixed assets can be explained by the factors below: - The intangible fixed assets are 3.0% lower compa
Slide 8: Current assets
FINANCIAL REPORT ON CONSOLIDATED RESULTS FOR THE FIRST HALF OF THE YEAR 2022 REGULATED INFORMATION - Van de Velde still believes that the share in the underlying equity provides the most accurate picture of the valuation in the participation of Top Form International Ltd. During the year-end close,
Slide 9: Non-current and current liabilities
FINANCIAL REPORT ON CONSOLIDATED RESULTS FOR THE FIRST HALF OF THE YEAR 2022 REGULATED INFORMATION NON-CURRENT AND CURRENT LIABILITIES Non-current and current liabilities were at m€ 9.2 and m€ 31.4 respectively: - Non-current liabilities decreased in comparison to the end of 2021 by m€ 2.2, mainly b
Slide 10: Statement of change in equity
FINANCIAL REPORT ON CONSOLIDATED RESULTS FOR THE FIRST HALF OF THE YEAR 2022 REGULATED INFORMATION STATEMENT OF CHANGE IN EQUITY Equity of the company Non-consolidated associates Revaluation Share in Cumulated Cumulated Share Treasury Share Pension Retained reserve of revaluation Total comprehensive
Slide 11: Consolidated cash flow statement
FINANCIAL REPORT ON CONSOLIDATED RESULTS FOR THE FIRST HALF OF THE YEAR 2022 REGULATED INFORMATION Consolidated cash flow statement (in € 000) 30.06.2022 30.06.2021 Operating activities Profit before tax 29 662 21 718 Depreciation and amortization of (in)tangible and right-of-use assets 5 727 6 727
Slide 12: Segment information
FINANCIAL REPORT ON CONSOLIDATED RESULTS FOR THE FIRST HALF OF THE YEAR 2022 REGULATED INFORMATION SEGMENT INFORMATION In 2022, Van de Velde decided to change the segments. The former wholesale and retail segments were replaced by B2B and the D2C. Van de Velde distinguishes two operational segments
Slide 13: Segment income statement and balance sheet
FINANCIAL REPORT ON CONSOLIDATED RESULTS FOR THE FIRST HALF OF THE YEAR 2022 REGULATED INFORMATION In the following tables, the segment information is shown for the period closed on 30/06/2022 and 30/06/2021, or 31/12/2021 for the balance sheet. Segment income statement 2022 2021 (in € 000) Not Not
Slide 14: Breakdown by region - turnover
FINANCIAL REPORT ON CONSOLIDATED RESULTS FOR THE FIRST HALF OF THE YEAR 2022 REGULATED INFORMATION Breakdown by region - turnover 2022 2021 (in € 000) Euro Elsewhere Total Euro Elsewhere Total Turnover 81 470 32 883 114 353 72 257 25 387 97 644 The main markets, determined based on the quantitative
Slide 15: Events after balance sheet date, prospects and risks
FINANCIAL REPORT ON CONSOLIDATED RESULTS FOR THE FIRST HALF OF THE YEAR 2022 REGULATED INFORMATION EVENTS AFTER BALANCE SHEET DATE No events happened after the balance sheet date that could have had a major impact on the state of the group. PROSPECTS The current economic climate is uncertain. The im
Slide 16: Notes to the interim consolidated financial information
FINANCIAL REPORT ON CONSOLIDATED RESULTS FOR THE FIRST HALF OF THE YEAR 2022 REGULATED INFORMATION NOTES TO THE INTERIM CONSOLIDATED FINANCIAL INFORMATION This interim consolidated financial information was prepared in compliance with the applicable international standard for international consolida
Slide 17: Declaration of the responsible persons
FINANCIAL REPORT ON CONSOLIDATED RESULTS FOR THE FIRST HALF OF THE YEAR 2022 REGULATED INFORMATION DECLARATION OF THE RESPONSIBLE PERSONS The undersigned declare that: - The financial overviews in this report, which have been prepared in compliance with the applicable standards, faithfully reflect t
Slide 18: Statutory auditor's report
FINANCIAL REPORT ON CONSOLIDATED RESULTS FOR THE FIRST HALF OF THE YEAR 2022 REGULATED INFORMATION STATUTORY AUDITOR’S REPORT TO THE BOARD OF DIRECTORS OF VAN DE VELDE NV ON THE REVIEW OF THE CONSOLIDATED FINANCIAL REPORT AS AT 30 JUNE 2022 AND FOR THE SIX-MONTH PERIOD THEN ENDED Introduction We hav
Slide 19: Financial calendar
FINANCIAL REPORT ON CONSOLIDATED RESULTS FOR THE FIRST HALF OF THE YEAR 2022 REGULATED INFORMATION FINANCIAL CALENDER 31.12.2022 End of financial year 2022 02.03.2023 Announcement of the 2022 annual results 27.03.2023 Interactive annual report 2022 online 26.04.2023 General Shareholders’ Meeting Pag
Slide 20: Contacts
FINANCIAL REPORT ON CONSOLIDATED RESULTS FOR THE FIRST HALF OF THE YEAR 2022 REGULATED INFORMATION CONTACTS For more information, please contact: Van de Velde NV – Lageweg 4 – 9260 Schellebelle – +32 (0) 9 365 21 00 www.vandevelde.eu VUCASTAR BV, Karel Verlinde CommV, always represented by always re