Brunello Cucinelli S.p.a. · MIL:BC
Brunello Cucinelli — Q3 2020 Earnings Presentation
10 slides from Brunello Cucinelli's earnings presentation, Nov 20, 2020
Slide 1: 9M 20 Results
9M 20 Results November 19th , 2020
Slide 2: Our Pillars
Our Pillars We are very, very pleased with the results for the third quarter, and in May we chose to develop and communicate a plan that would allow us to return to growth as early as this quarter The achievement of this result is the result of the extraordinary commitment and great sense of respons
Slide 3: Revenues by Region
Revenues by Region € mln YoY % YoY % 9M 19 9M 20 3Q 19 3Q 20 Chg Chg Net Revenues 459.2 378.7 -17.5% 167.8 173.5 +3.4% Constant exchange rates -17.4% North America 148.2 116.5 -21.4% 54.1 59.0 +9.2% Rest of Europe 139.5 120.9 -13.4% 47.1 50.8 +7.7% Italy 76,1 58.5 -23.1% 31.8 29.6 -6.9% China 43.5 3
Slide 4: Revenues Highlights
Revenues Highlights North America Rest of Europe The dynamics of the quarter underscore an The performance reported included significant important growth trend supported by the increases throughout central and northern resilience of “domestic” demand, with Europe, supported by the return to local cu
Slide 5: Revenues by Distribution Channel
Revenues by Distribution Channel € mln YoY % YoY % 9M 19 9M 20 3Q 19 3Q 20 Chg Chg Retail 229.2 169.3 -26.1% 79.2 66.8 -15.7% Wholesale 230.0 209.4 -9.0% 88.6 106.8 +20.5% Retail Wholesale 44.7% 55.3% on sales on sales
Slide 6: Monobrand Network
Monobrand Network Retail Monobrand Wholesale Monobrand 107 boutiques as of September ‘20 31 boutiques as of September ’20 (106 boutiques as of December ‘19) (30 boutiques as of December ‘19)
Slide 7: Distribution Channel
Distribution Channel Retail Channel Wholesale Channel In mid-September we opened our long-awaited new boutique on Avenue We believe that we have benefited from the “selection” made by multibrand Montaigne in Paris customers due to the desire for clear positioning even stronger than in the past, This
Slide 8: Brunello Cucinelli for Humanity
Brunello Cucinelli for Humanity Project in support of Mankind “It seems to me that this project - that we all define as "intense" - in some way raises the dignity of mankind and pays tribute to all those who have taken part in the manufacturing of these garments. It will go hand in hand We consider
Slide 9: Investor Relations
Investor Relations Board of Directors Significant Shareholdings* Brunello Cucinelli Excutive Chairman and Creative Director Trust Brunello Cucinelli (Fedone s.r.l.) 51.0% Riccardo Stefanelli C.E.O. FMR LLC (Fidelity) 10.0% Luca Lisandroni C.E.O. Invesco LTD 4.2% Other 34.8% Camilla Cucinelli Directo
Slide 10: Forward looking statements disclaimer
This presentation may contain forward looking statements which reflect Management’s current views and estimates. The forward looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those contained in the forward looking statements. Potenti