New Wave Group Ab Class B · OMXSTO:NEWA_B
New Wave Group Ab Class B — FY2023 Earnings Presentation
32 slides from New Wave Group Ab Class B's earnings presentation, Feb 8, 2024
Slide 1: Year-end report January – December 2023
2023 Year-end report January – December 1
Slide 2: This is New Wave Group
NWG / / THE WORLD This is New Wave Group Sales acitivity in own subsidiary New Wave Group is a growth group that designs. acquires and develops brands. To ensure good risk diversification. the Group will market its products in Own purchasing offices the promo market and the retail market. 2
Slide 3: Our operating segments and sales channels
NWG // S E G M E N T S A N D S A L E S C H A N N E L S Corporate Our operating segments and sales channels Sports & Leisure Our brands are categorized according to which of our three operating segments it belongs to: Corporate. Sports & Leisure or Gifts & Home Furnishings. The brands are distributed
Slide 4: Corporate
NWG // T H E S E G M E N T S Corporate The vision for the Corporate operating segment is to become the leading supplier of promotional products to corporations in Europe and one of the leading suppliers in the United States by offering companies a broad product range. strong brands. advanced experti
Slide 5: Sports & Leisure
NWG // T H E S E G M E N T S Sports & Leisure The vision for the Sports & Leisure operating segment involves establishing Craft as a world-leading sportswear brand. and making Cutter & Buck a world- leading golf apparel brand. The brand Auclair should take a leading position on gloves in Europe and
Slide 6: Craft Teamwear
NWG // T H E S E G M E N T S Craft Teamwear Today, Craft collaborates with many national teams and top clubs in some of the world's biggest sports. Photos: Bildbyrån 6
Slide 7: The segments
NWG // T H E S E G M E N T S 7
Slide 8: Slide 8
Slide 9: Gifts & Home Furnishings
NWG // T H E S E G M E N T S Gifts & Home Furnishings The vision for the Gifts & Home Furnishings operating segment 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 play
Slide 10: The quarter at a glance
NWG // T H E Q U A R T E R The quarter at a glance 10
Slide 11: The quarter
NWG // T H E Q U A R T E R The quarter • Challenging market, mainly in retail, and net sales decreased by 3% • Operating result decreased by SEK 28.5 million compared to the previous year and amounted to SEK 518.7 (547.2) million • Operating margin amounted to 19.0 (19.4)% • Strong cash flow of SEK
Slide 12: Financial information October - December
NWG // F I N A N C I A L I N F O R M A T I O N 20 23 Financial information October - December 12
Slide 13: October - December
NWG // F I N A N C I A L I N F O R M A T I O N October - December 2023 Net sales 3 000 2 500 975.0 1,042.6 • Sales amounted to SEK 2,735.9 (2,815.1) million 2 000 • Sales decreased by 3% (of which currency 2% and acquisition 1%) 1 500 • Promo sales channel decreased by 1 000 1,760.9 1,772.5 1%, reta
Slide 14: Net sales per operating segment
NWG // F I N A N C I A L I N F O R M A T I O N Net sales per operating segment Corporate 0% Sports & Leisure -7% Gifts & Home Furnishings -1% 1 600 10.4 7.4 1 400 1 200 1 000 800 759.3 837.2 1,348.1 1,351.6 600 111.2 400 200 205.3 198.0 312.4 309.6 0 100.5 Q4 -2023 Q4 -2022 Q4 -2023 Q4 -2022 Q4 -202
Slide 15: October - December
NWG // F I N A N C I A L I N F O R M A T I O N October - December Net sales per geographic area and operating segment Corporate Sports & Leisure Gifts & Home Furnishings Total SEK million Okt- Dec Okt- Dec Okt- Dec Okt- Dec Okt- Dec Okt- Dec Okt- Dec Okt- Dec Change 2023 2022 2023 2022 2023 2022 202
Slide 16: October - December
NWG // F I N A N C I A L I N F O R M A T I O N October - December SEK million Oct - Dec 2023 Oct – Dec 2022 2023 Net sales 2,735.9 2,815.1 • Gross profit margin amounted to 52.0 (49.7)% Goods for resale -1,312.3 -1,415.4 ― The improvement was related to Sport & Leisure Gross profit 1,423.6 52.0% 1,3
Slide 17: October - December
NWG // F I N A N C I A L I N F O R M A T I O N October - December 2023 Operating result per operating segment Corporate Sports & Leisure Gifts & Home Furnishings Corporate ― Higher sales in Central Europe and Other Countries 350 331.5 but lower sales in other regions ― Sales channel promo in line wi
Slide 18: October - December
NWG // F I N A N C I A L I N F O R M A T I O N October - December Cash flow SEK million Oct - Dec Okt - Dec 2023 2022 Cash flow from operating activities before changes in working capital 424.1 466.3 Change in working capital 329.4 -699.2 Cash flow from operating activities 753.5 -232.9 Investing ac
Slide 19: Strong balance sheet
NWG // F I N A N C I A L I N F O R M A T I O N Strong balance sheet 31 Dec 31 Dec 2023 2022 SEK million Equity 6,460.4 5,890.5 Equity ratio. % 60.2 53.8 Net debt. SEK million 2,028.9 2,329.6 Net debt to credit institutes. SEK million 1,468.5 1,635.4 Equity per share. SEK 48.68 44.39 19
Slide 20: Financial information January - December
NWG // F I N A N C I A L I N F O R M A T I O N 20 23 Financial information January - December 20
Slide 21: January - December
NWG // F I N A N C I A L I N F O R M A T I O N January - December 2023 Net sales 10 000 9 000 • Sales amounted to SEK 9,512.9 3,449.5 (8,843.6) million 8 000 3,426.8 7 000 • Sales increased by 8% (of which 6 000 currency 4% and acquisition 6%) 5 000 • Promo sales channel increased by 4 000 12%. reta
Slide 22: Net sales per operating segment
NWG // F I N A N C I A L I N F O R M A T I O N Net sales per operating segment Corporate +15% Sports & Leisure +2% Gifts & Home Furnishings -3% 5 000 30.3 4 500 19.6 4 000 3 500 3 000 2 500 2,742.0 2,727.4 4,726.9 2 000 4,132.4 1 500 229.5 1 000 500 1,132.6 1,054.9 677.3 679.8 0 203.8 Jan - dec 2 02
Slide 23: January - December
NWG // F I N A N C I A L I N F O R M A T I O N January - September Net sales per geographic area and operating segment Corporate Sports & Leisure Gifts & Home Furnishings Total SEK million Jan - Dec Jan - Dec Jan - Dec Jan - Dec Jan - Dec Jan - Dec Jan - Dec Jan - Dec Change 2023 2022 2023 2022 2023
Slide 24: January - December
NWG // F I N A N C I A L I N F O R M A T I O N January - December SEK million Jan – Dec 2023 Jan – Dec 2022 2023 Net sales 9,512.9 8,843.6 • Gross profit margin amounted to 50.3 (49.5)% Goods for resale -4,730.2 -4,468.4 ― Improvements in Sports & Leisure while the Gross profit 4,782.6 50.3% 4,375.2
Slide 25: January - December
NWG // F I N A N C I A L I N F O R M A T I O N January - December 2023 Operating result per operating segment Corporate Sports & Leisure Gifts & Home Furnishings Corporate ― Higher net sales in Central-, Southern Europe and 1 000 942.7 Nordic countries excl. Sweden, other regions decreased 900 Q4 –
Slide 26: January - December
NWG // F I N A N C I A L I N F O R M A T I O N January - December Cash flow SEK million Jan - Dec Jan - Dec 2023 2022 Cash flow from operating activities before changes in working capital 1,362.8 1,383.2 Change in working capital -399.0 -1,743.2 Cash flow from operating activities 963.8 -360.0 Inves
Slide 27: CEO comments
NWG // C E O C O M M E N T S October - December • We managed well, despite a challenging market • Profile marginal decline while retail was weaker • Sales channels and segments complement each other CEO • Very satisfied with the quarter's operating result • Operating margin amount to 16.3% compared
Slide 28: CEO comments
NWG // C E O C O M M E N T S The future • Strongly prepared for the future CEO • • Still great growth opportunities in both profile and retail Strong balance sheet comments • Continue looking at acquisitions ” We are well equipped for continued profitable growth both through organic growth as well T
Slide 29: Capital Markets day February
Capital Markets day 20 February 29
Slide 30: Agenda
NWG // C A P I T A L M A R K E T S D A Y Agenda • 10.00 Introduction • Swedish profile market & distribution • Tenson AB • Sustainability • 12.15 Lunch • The profile market – Benelux • Craft International • AGF Aarhus • The profile market – Canada • 16.15 Summary • 16.30 Lighter consumption and Gin
Slide 31: We strive to make everyone who buys our products a happy customer
NWG // 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 to take care of your investment in the best possible way we can through long term thinking. growth. stability and hard work! 31
Slide 32: NWG //
NWG // 32