Brunello Cucinelli S.p.a. · MIL:BC
Brunello Cucinelli — Q1 2020 Earnings Presentation
12 slides from Brunello Cucinelli's earnings presentation, May 11, 2020
Slide 1: 1Q 20 Revenues
1Q 20 Revenues May 7th , 2020
Slide 2: Brunello Cucinelli
Brunello Cucinelli “The current year was off to a very, very good start from an economic and brand-image point of view, until 29 February, the only exception being China due to the Covid-19 epidemic. Our company reacted to the health emergency immediately by taking action to protect the health of al
Slide 3: Revenues by Region
Revenues by Region € mln 1Q 19 1Q 20 YoY % Chg Net Revenues* 160.4 156.7 -2.3% Constant exchange rates -2.9% Italy 28.4 24.4 -13.9% Rest of Europe 52.1 51.0 -2.2% North America 46.4 50.8 +9.5% Greater China 15.4 11.2 -27.2% RoW 18.1 19.3 +6.6% Other Internat. Mkt. 19.5% Europe 48.1% North America 32
Slide 4: Revenues Breakdown
Revenues Breakdown Europe (exclud. Italy) 32.5% North Italy America 32.4% 15.6% Greater China 7.2% Rest of the World 12.3% 4
Slide 5: Revenues Highlights
Revenues Highlights Italy Rest of Europe Pleasing results in the first part of the quarter, with Up until the beginning of March, the quarter very appealing sales results for the Spring/Summer had shown remarkable growth rises 2020 collections Order collection for Fall - Winter 2020 has Second part
Slide 6: Revenues by Distribution Channel
Revenues by Distribution Channel € mln Retail Wholesale Monobrand Wholesale Multibrand 42.1% 7.1% 50.8% on sales on sales on sales 1Q 19 2014 71.2 1Q 19 2014 11.1 2014 1Q 19 78.1 1Q 20 -7.4% 1Q 20 +0.5% 1Q 20 +2.0% 2015 65.9 2015 11.2 2015 79.7 6
Slide 7: Retail & Wholesale Monobrand
Retail & Wholesale Monobrand Retail 107 boutiques as of March ‘20 (100 boutiques as of March ‘19) Wholesale Monobrand 30 boutiques as of March ’20 (28 boutiques as of March ‘19) 7
Slide 8: Wholesale Multibrand
Wholesale Multibrand Strongly positive performance of the Spring Since the second half of March company Spring Summer 2020 deliveries completed 2020 collections activities that could not be managed through as well as the Fall Winter 2020 order "smart working" have been temporarily collection with ex
Slide 9: Outlook
Outlook The current year was off to a very, very good start from an economic and brand-image point of view, until 29 February, the only exception being China due to the Covid-19 epidemic. Our company reacted to the health emergency immediately by placing at the centre of its action the health protec
Slide 10: Investor Relations
Investor Relations Significant Shareholdings* Board of Directors Trust Brunello Cucinelli (Fedone s.r.l.) 51.0% Brunello Cucinelli Chairman and C.E.O. FMR LLC (Fidelity) 10.0% Moreno Ciarapica Director and C.F.O. Invesco LTD 4.2% Riccardo Stefanelli Director and Co-C.E.O. Other 34.8% Luca Lisandroni
Slide 11: TRAMANDARE
TRAMANDARE a “Nulla si perde, nulla si crea” _ Lavoisier * “Io non creo, tramando” — Confucio
Slide 12: This presentation may contain forward looking statements
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