Aeffe S.p.a. · MIL:AEF
Aeffe — Q1 2012 Earnings Presentation
15 slides from Aeffe's earnings presentation, May 10, 2012
Slide 1: First Quarter 2012 Results Presentation
First Quarter 2012 Results Presentation 10, May 2012
Slide 2: 1Q 2012 Key Facts
1Q 2012 Key Facts Consolidated Revenues +3.6% at € 74.5m, (+2.6% at constant exchange rates) Consolidated EBITDA for € 10.5m, compared to an EBITDA of € 7.8m in 1Q 2011 Consolidated Net Profit at € 1.9m, compared to a Net Profit of € 0.8m in 1Q 2011 Consolidated Net Financial Debt of € 107.8m (€ 98.
Slide 3: Net Sales Breakdown by Division
Net Sales Breakdown by Division(1) 1Q 2012 1Q 2011 (€m) (€m) % on Total Sales % on Total Sales 60 -1.8% * vs 1Q 2011 60 Footwear & Leather Footwear Goods 23% 26% & Leather Goods 50 50 74% 77% Prêt à Prêt à porter porter 40 40 30 30 58,3 58 +18.9% * vs 1Q 2011 20 20 10 20,4 10 17,1 0 0 Prêt à porter
Slide 4: Net Sales Breakdown by Brand
Net Sales Breakdown by Brand 1Q 2012 1Q 2011 (€m) (€m) % on Total Sales % on Total Sales +8.6% * Pollini Pollini 12% 11% J.P. J.P. Gaultier 40 5% Gaultier 40 6% Moschino 59% 6% Others 4% Others Moschino 55% 20% 22% Alberta Alberta Ferretti Ferretti 30 30 43,6 20 20 39,7 (5.0%) * +4.9% * 10 10 14,9 1
Slide 5: Net Sales Breakdown by Region
Net Sales Breakdown by Region 1Q 2012 1Q 2011 (€m) (€m) % on Total Sales % on Total Sales (3.3%) * 30 30 Russia USA Russia USA Japan Japan 8% 7% 9% 7% 7% 8% 21% 15% 22% 13% Europe RoW Europe RoW 25 25 40% 43% Italy Italy 20 20 (1.1%) * 15 15 30,9 29,9 +12.5% * 10 10 15,7 +9.3% * 15,8 +22.4% * +3.0%
Slide 6: Net Sales Breakdown by Channel
Net Sales Breakdown by Channel 1Q 2012 1Q 2011 (€m) (€m) % on Total Sales % on Total Sales +3.2% * 45 45 Retail 27% Retail 26% 40 40 5% Royalties 6% Royalties 35 68% 35 68% Wholesale Wholesale 30 30 25 50,6 25 48,8 +3.1 % * 20 20 15 15 10 19,9 10 18,9 5 (6.5 %) * 5 4,0 4,2 0 0 Wholesale Retail Royal
Slide 7: Mono-brand Stores Network
Mono-brand Stores Network DOS Franchising 7
Slide 8: Income Statement – 1Q 2012/2011
Income Statement – 1Q 2012/2011 (€m) 8
Slide 9: Summary Balance Sheet
Summary Balance Sheet (em) Net Working Capital Net Tangible Assets Net Intangible Assets Net Financial Assets Severance Staff, Provisions & Others Net Capital Employed Group Shareholders’ Equity Minorities Shareholders' Equity & Minorities Net Debt Shares Buyback Net Financial Debt and Shareholders’
Slide 10: Summary Cash Flow
Summary Cash Flow (em) PBT Operating Cash Flow Capital Expenditure Free Cash Flow Cash Flows from Financing Activities Cash and cash equivalents at the beginning of the year Cash Flow of the Period Cash and cash equivalents at the end of the year 10 (3,8) FY 11 (1,2) 14,0 (10,5) 3,5 0,5 4S 3,9 8,4 (
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 (€m) PBT Depreciation & Amortisation Provisions & Impairments Taxes Net Interest Change in other liabilities / (assets) Operating Cash Flow Capital expenditure for intangible assets Capital expenditure for tangible assets (Increase) / decrease in investments in other fixed assets
Slide 14: Income Statement – Full Year 2009-2011
Income Statement – Full Year 2009-2011 (€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