Aeffe S.p.a. · MIL:AEF
Aeffe — 9M 2013 Earnings Presentation
15 slides from Aeffe's earnings presentation, Nov 14, 2013
Slide 1: Nine Months 2013 Results Presentation
Nine Months 2013 Results Presentation 14, November 2013
Slide 2: 9M 2013 Key Facts
9M 2013 Key Facts Consolidated Revenues -2.8% at € 193.3m, (-0.7% at constant exchange rates) Consolidated EBITDA for € 16.3m, compared to an EBITDA of € 20.5m in 9M 2012 Consolidated Net Loss at € 2.3m, compared to a Net Loss of € 0.3m in 9M 2012 Consolidated Net Financial Debt of € 96.8m, compared
Slide 3: Net Sales Breakdown by Division
Net Sales Breakdown by Division(1) 9M 2013 9M 2012 (€m) (€m) % on Total Sales % on Total Sales 156,3 160 150,6 160 -1.1% * vs 9M 2012 Footwear & Leather Footwear Goods & Leather 26% 140 27% 140 Goods 59,4 74% 52,8 73% Prêt à 120 120 porter Prêt à porter 100 100 80 80 40,9 38,9 55,4 54,7 60 +1.2% * v
Slide 4: Net Sales Breakdown by Brand
Net Sales Breakdown by Brand 9M 2013 9M 2012 (€m) 114,8 (€m) % on Total Sales % on Total Sales 116,9 +0.4% * 100 100 Pollini Pollini 41,6 45,2 J.P. 13% 12% J.P. 90 Gaultier 90 Gaultier 5% 2% Moschino 59% 4% Others 9% Others Moschino 59% 80 80 17% 20% Alberta Alberta Ferretti Ferretti 70 70 60 60 32,
Slide 5: Net Sales Breakdown by Region
Net Sales Breakdown by Region 9M 2013 9M 2012 (€m) (€m) 82,9 % on Total Sales % on Total Sales +5% * 79,1 80 80 Russia USA Russia USA Japan Japan 8% 6% 8% 9% 7% 9% 70 20% 15% 70 21% 14% 30,1 Europe RoW Europe RoW 29,1 60 43% 60 40% Italy Italy 50 50 39,3 41,7 23,6 -5.2% * 40 40 20,1 29,1 17,1 15,3 +
Slide 6: Net Sales Breakdown by Channel
Net Sales Breakdown by Channel 9M 2013 9M 2012 (€m) (€m) % on Total Sales % on Total Sales 140 140 123,8 Retail 30% 125,7 Retail -0.6% * 31% 120 6% Royalties 120 6% Royalties 64% 63% 100 46,8 100 50,4 Wholesale Wholesale 80 80 58,1 27,0 60,8 0% * 24,7 60 60 19,7 22,4 40 40 19,1 18,5 50 50,6 11,4 20
Slide 7: Mono-brand Stores Network
Mono-brand Stores Network DOS Franchising 7
Slide 8: Income Statement – 9M 2013/2012
Income Statement – 9M 2013/2012 (€m) 8
Slide 9: Summary Balance Sheet
Summary Balance Sheet (em) ; M13} FY 1B 9M 12. Net Working Capital 88,5 77,5 87,8 Net Tangible Assets 65,8 65,4 64,9 Net Intangible Assets 133,6 138,1 139,6 Net Financial Assets 2,5 2,6 3,2 Severance Staff, Provisions & Others (49,2) (49,8) (49,7) Net Capital Employed 241,2 233,8 245,8 Group Shareho
Slide 10: Summary Cash Flow
Summary Cash Flow (€m) roasts 9M 13 i FY 12 9M 12 1 1 PBT 1,6 14 46 H 1 Operating Cash Flow 15 65 (3,9) 1 1 H Capital Expenditure I (5,4) ' 10,0 12,3 ! I # i) 1 Free Cash Flow ' (3,9) 16,5 8.4 ' 1 1 1 Cash Flows from Financing Activities ' 3,1 i (19,5) (3,6) 1 ! 1 ! I ! I ! 1 1 1 Cash and cash equiv
Slide 11: Appendices
Appendices :
Slide 12: Company Profile
Company Profile (1) Organisational Structure Ownership Structure Aeffe Fashion Group Chairman: Massimo Ferretti CEO: Simone Badioli IM Fashion Chief Executive Officer 24% Simone Badioli Tullio General Badioli 5% Manager/CFO Marcello Tassinari Mediobanca 2% Investor Relation Communication and Manager
Slide 13: Cash Flow Statement
Cash Flow Statement (em) poe eee 1 ! 9M 13 t FY 12 9M 12 PBT H 1,6 H 1,4 46 + Depreciation & Amortisation 9,5 ' 14,0 10,1 tT Provisions & Impairments (0,9) ' (1,6) (0,3) Taxes (3,2) (3.4) (2,2) 1 Net Interest 51 7.5 58 1 Change in other liabilities / (assets) H (10,6) ' (11,4) (21,9) + 1 Operating C
Slide 14: Income Statement – Full Year 2010-2012
Income Statement – Full Year 2010-2012 (€m) 14
Slide 15: Important Information
Important Information The information provided in this presentation is being furnished to you solely for your information on a confidential basis. Neither this document nor any copy thereof may be reproduced or redistributed. Persons into whose possession the content of this presentation come should