Technogym S.p.a · MIL:TGYM
Technogym — Q1 2024 Earnings Presentation
27 slides from Technogym's earnings presentation, May 9, 2024
Slide 1: Q1 2024 Revenue Investor Presentation
Q1 2024 Revenue Investor Presentation Cesena, May 9th 2024 Strictly private & confidential 1
Slide 2: Disclaimer
Disclaimer This presentation is being furnished to you solely for your information and may not be reproduced or redistributed to any other person. This presentation might contain certain forward-looking statements that reflect the Company’s management’s current views with respect to future events an
Slide 3: Speakers
Speakers William Marabini Michele Bertacco Chief Financial Officer Investor Relations Director Strictly private & confidential 3
Slide 4: Corporate Highlights
Corporate Highlights Strictly private & confidential 4
Slide 5: Nerio Alessandri (Founder & CEO)
Nerio Alessandri (Founder & CEO) Strictly private & confidential 5
Slide 6: CEO quote on sustained growth and sustainability
“The sustained growth of Technogym reaffirms the effectiveness of our strategic approach, anchored by the AI-based Technogym Digital Ecosystem. The countdown continues to the 2024 Paris Olympics where Technogym will proudly serve as the Official and Exclusive Supplier for the ninth consecutive time.
Slide 7: 40 Years of Wellness Innovation
40 Years of Wellness Innovation From a garage …to the Olympic Games Alessandri’s family garage Strictly private & confidential 7
Slide 8: Technogym Digital Ecosystem
Technogym Digital Ecosystem Technogym Digital Ecosystem includes connected smart equipment, software, apps, AI, on-demand exercise content and tech-services to allow people to access their personal experience anytime and anywhere and to allow industry operators to shape innovative business models. S
Slide 9: Technogym Checkup
Technogym Checkup Technogym Checkup is the new AI-powered assessment station that uses advanced measurement technology to test your physical and cognitive conditions in order to prescribe a fully personalized training program. Strictly private & confidential 9
Slide 10: Biostrength
Biostrength Biostrength, the new Technogym range for strength training, adapts to you, thanks to a patented technology that uses AI and scientific research. Connecting to Biostrength you receive personalized training, including range of motion, workload, correct posture, speed of execution and optim
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Slide 17: ESG: Healthy People, Healthy Planet
ESG Healthy People Healthy Planet Strictly private & confidential 17
Slide 18: Technogym ESG 2025 Commitment
Technogym ESG 2025 Commitment Strictly private & confidential 18
Slide 19: Technogym promoted to A by MSCI in Q1 2024
Technogym promoted to A by MSCI in Q1 2024 In Q1 2024 Technogym was promoted to A (from BBB) by MSCI ESG Research that provides MSCI ESG Ratings on global public and a few private companies on a scale of AAA to CCC, according to exposure to industry-specific ESG risks and the ability to manage those
Slide 20: Financials
Financials Strictly private & confidential 20
Slide 21: Revenue growth at constant F/X 8.3% YoY
Revenue growth at constant F/X 8.3% YoY € millions Revenue +7.4% +8.3% 187.5 189.2 174.6 2023 Q1 2024 Q1 2024 Q1 @constant FX Strictly private & confidential 21
Slide 22: Strong growth in almost all regions
Strong growth in almost all regions € millions +7.4% 187.5 2024 vs. PY 174.6 88.5 (47.2%) EUROPE (EXCL. ITA) +6.3% 83.2 (47.7%) 26.0 26.4 (13.9%) APAC -1.5% (15.1%) 25.4 23.2 (13.6%) MEIA +9.7% (13.3%) 21.6 +7.4% 20.1 (11.5%) NORTH A. (11.5%) 17.2 19.7 ITA +14.5% (9.9%) (10.5%) 4.5 6.3 LATAM +40.2%
Slide 23: Growth in both segments
Growth in both segments € millions +7.4% 187.5 2024 vs. PY 174.6 145.1 135.6 (77.4%) BtoB +7.0% (77.7%) 39.0 42.4 (22.6%) BtoC +8.8% (22.3%) 2023 Q1 2024 Q1 Strictly private & confidential 23
Slide 24: Strong growth in Distributors and Retail
Strong growth in Distributors and Retail € millions +7.4% 187.5 2024 vs. PY 174.6 115.4 +3.7% FIELD SALES 111.3 (61.5%) (63.7%) 52.1 +17.9% 44.2 DISTRIBUTORS (27.8%) (25.3%) 15.5 15.6 INSIDE SALES * +0.8% 3.6 (8.9%) 4.4 (8.3%) RETAIL +20.6% (2.1%) (2.4%) 2023 Q1 2024 Q1 * Includes E-Commerce and Tel
Slide 25: Design to Move Exhibition
Design to Move Exhibition Celebrating 40 Years of Technogym Strictly private & confidential 25
Slide 26: Design to Move: Celebrating 40 Years of Technogym
Design to Move: Celebrating 40 Years of Technogym Marking 40 years of wellness innovation with 40 unique Technogym Benches individually crafted for a charitable cause. A special exhibition held at Technogym Milano during 2024 Design Week, Design to Move explores the unique and profound connection be
Slide 27: THANK YOU!
THANK YOU! Strictly private & confidential 27