Grupa Forte Spolka S.a. · GPW:FTE
Grupa Forte Spolka — Grupa Forte — FY2016 Earnings Presentation
22 slides from Grupa Forte Spolka's earnings presentation, Mar 23, 2017
Slide 1: Consolidated Financial Results for 2016
25 CONSOLIDATED FINANCIAL RESULTS FOR 2016 WARSAW, MARCH 23, 2017
Slide 2: Financial Results 2016
FINANCIAL RESULTS 2016 J 10, 1% 1090 m PLN 15,3% = vad ajope We sold 3.9 m items TURNOVER OF PLN 1090 m EBITDA Marge 15,3% Net profitability 10.1% of furniture Up 9% on 2015 2015: 12,3 % Up 31% on 2015
Slide 3: Sales by region
10.6% CENTRAL, SOUTH AND EASTERN EUROPE 15.3% 55.2% GERMAN-SPEAKING POLAND EUROPE (DACH) 18.9% WESTERN AND NORTHERN EUROPE
Slide 4: M PLN
M PLN 560 666 822 954 1 090 2012 2013 2014 2015 2016
Slide 5: M PLN
M PLN 35 58 75 84 110 2012 2013 2014 2015 2016
Slide 6: Q4 results table
IV Q2015 IV Q2016 T PLN IV Q2014 IV Q2015 IV Q2016 vs IV Q2014 vs IV Q2015 Sales revenue 230 450 283 425 23,0% 304 820 7,5% Gross profit on sales 84 600 106 750 26,2% 124 678 16,8% Gross margin 36,7% 37,7% 1,0% 40,9% 3,2% Cost of sales 48 309 58 585 21,3% 65 323 11,5% As % of sales 21,0% 20,7% -0,3%
Slide 7: Full-year 2016 results table
I-IV Q2015 I-IV Q2016 T PLN 2014 2015 2016 vs I-IV Q2014 vs I-IV Q2015 Sales revenue 822 414 954 275 16,0% 1 090 294 14,3% Gross profit on sales 298 151 346 010 16,1% 426 856 23,4% Gross margin 36,3% 36,3% 0,0% 39,2% 2,9% Cost of sales 166 673 200 267 20,2% 225 684 12,7% As % of sales 20,3% 21,0% 0,
Slide 8: Forte - Investments in Fixed Assets 2016
1 FORTE - INVESTMENTS IN FIXED ASSETS 2016 PLN 38,0 M PLN 211,3M PLN 12,7 M & "Z i CAPITAL EXPENDITURE ON INCRE ROE: PROBUS TION TANNE INVESTMENT INFRASTRUCTURE (INCLUDING THE WAREHOUSE) CAPACITY OF FORTE
Slide 9: 2012 2013 2014 2015 2016 2,66 3,21 3,17 1,78 2,54 1,52 2,00 1,85 1,15
2012 2013 2014 2015 2016 2,66 3,21 3,17 1,78 2,54 1,52 2,00 1,85 1,15 1,89 0,57 -0,07 0,40 0,69 1,94 10% 15% 18% 18% 20%
Slide 10: Forte Years on the WSE
FORTE 20 YEARS ON THE WSE g GPW 81,5 PLN | a 2 a - / = 2017 RATE FOR FORTE SHARES
Slide 11: Respect Index
1 RESPECT INDEX °°* RESPECT Index THIS YEAR, OUR COMPANY HAS JOINED THE ELITE GROUP OF COMPANIES LISTED IN THE RESPECT INDEX THE HIGHEST STANDARDS OF GOVERNANCE, INCLUDING: > va > va CORPORATE GOVERNANCE INFORMATION GOVERNANCE INVESTOR RELATIONS ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) STANDARDS
Slide 12: Development Plan for 2016-2021
1 DEVELOPMENT PLAN FOR 2016-2021 400 M EUR 2016 2021
Slide 13: Exhibition area: 3,500 m2, launch date 2017
EXHIBITION AREA: 3.500 M2 LAUNCH DATE: 2017
Slide 14: Development Plan - Vertical Integration
1 DEVELOPMENT PLAN —-VERTICAL INTEGRATION BUILDING OUR OWN BUILDING THE FIFTH EXTENSION OF THE CHIPBOARD FACTORY FURNITURE FACTORY WAREHOUSE CAPACITY VOLUME OF INVESTMENT: VOLUME OF INVESTMENT: VOLUME OF INVESTMENT: PLN 320M PLN 250M PLN 50M eierla LAUNCH DATE: LAUNCH DATE: Q 1Q2019 GRADUAL EXPANSIO
Slide 15: Benefits from Vertical Integration
BENEFITS FROM VERTICAL INTEGRATION HIGHEST HIGH FLEXIBILITY PERTOCICAn LOWERING COSTS TECHNOLOGICAL OF PRODUCTION STANDARDS OF RAW MATERIAL INNOVATIONS
Slide 16: Development Plan - Globalization
1 DEVELOPMENT PLAN - GLOBALIZATION FORTE FURNITURE PRODUCTS INDIA PRIVATE LIMITED
Slide 17: Why India?
WHY INDIA? INDIE IS THE AREA OF 3.28 M KM2 WHAT STANDS FOR 2.4% AREA OF THE WORLD (MORE THAN 10X THE SIZE OF POLAND) 1.3 BN PEOPLE - 17.86 % OF THE WORLD POPULATION THE YOUNGEST COUNTRY IN THE WORLD WITH THE POPULATION AVERAGE AGE OF 26 GROWING MIDDLE CLASS RAPID URBANIZATION GDP GROWTH ABOVE 7% TRA
Slide 18: Forte Furniture Products India - Today
FORTE FURNITURE PRODUCTS INDIA - TODAY OUR PARTNER - INDIAN CONGLOMERATE WITH INTERNATIONAL REACH, 26 GROUP COMPANIES, HELD BY 3 HOLDINGS, LISTED ON THE INDIAN STOCK EXCHANGE, ABOVE 3 MLD USD - YEARLY TURNOVER OF THE ADVENTZ GROUP adventz HEADQUARTERED IN CHENNAI-THE CAPITAL OF THE SOUTHERN STATE OF
Slide 19: Development Plan for Forte Furniture Products India
DEVELOPMENT PLAN FOR FORTE FURNITURE PRODUCTS INDIA EXTENSION OF JOINT VENTURE PRODUCTION PRODUCT DISTRIBUTION INVESTMENTS DEVELOPMENT AGREEMENT NETWORK adventz rere
Slide 20: Forte Furniture Products India - In the Future
FORTE FURNITURE PRODUCTS INDIA — IN THE FUTURE ONE OF THE LEADING RTA FURNITURE PRODUCERS OF THE COUNTRY TO INTRODUCE THE FORTE BRAND TO THE INDIAN MARKET TO USE THE INDIAN BASE FOR EXPORTS INTO OTHER EASTERN AND MIDDLE-EASTERN COUNTRIES
Slide 21: Publications of Results in 2017
PUBLICATIONS OF RESULTS IN 2017 I QUARTER I HALF III QUARTER 30 MAY 14 SEPTEMBER 29 NOVEMBER 21
Slide 22: Thank You for Your Attention
) | THANK YOU FOR > YOUR ATTENTION | LAT