New Wave Group Ab Class B · OMXSTO:NEWA_B
New Wave Group Ab Class B — H1 2018 Earnings Presentation
30 slides from New Wave Group Ab Class B's earnings presentation, 2018
Slide 1: Interim Report January - June 2018
2018 INTERIM REPORT January - June
Slide 2: This is New Wave Group
THIS IS NEW WAVE GROUP New Wave Group is a growth company. We design, acquire and develop brands and products in the corporate promotion, sports, gifts and home furnishings sectors. Our three operating segments are: Corporate Promo, with promowear, promotional gifts and workwear, Sports & Leisure an
Slide 3: Operating segments and markets
OPERATING SEGMENTS AND MARKETS PROMO Our brands are categorised according to which of our three operating segments it belongs to: Corporate Promo, Sports & Leisure or Gifts & Home Furnishings. The brands are distributed in both the promo market SPORTS & LEISURE and the retail market to achieve good
Slide 4: Corporate Promo - Vision
CORPORATE PROMO - VISION The vision for the Corporate Promo operating segment is to become the leading supplier in Europe and one of the leading suppliers in the USA of promotional products by offering retailers a broad product range, strong brands, advanced expertise and service, and a superior all
Slide 5: Sports and Leisure - Vision
SPORTS AND LEISURE - VISION 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 we will also use Pa
Slide 6: Gifts & Home Furnishings - Vision
GIFTS & HOME FURNISHINGS - VISION The vision for the Gifts & Home Furnishings operating segment area 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 player in Northern
Slide 7: Craft Teamwear (video)
nesn Home News Weather Business Politics eee CG) = 70° Connect Q New England News Top Video Late Night The Take Viewer Videos Crafting the Perfect Fit for Spartan When it comes to Spartan racing, how do you dress for success? Mike Lunardelli from Spartan is joined by Eric Schenker, the Craft Clothin
Slide 8: KAA Gent
KAA GENT
Slide 9: Slide 9
Slide 10: Craft Teamwear
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Slide 11: Craft Teamwear
CRAFT TEAMWEAR
Slide 12: Craft Teamwear
CRAFT TEAMWEAR NewNinve @ tO UF
Slide 13: Financial Information
FINANCIAL INFORMATION
Slide 14: April - June: Sales
APRIL - JUNE SALES Sales SEK 1,523.2 (1,371.8) million Sales increased by 11 % (9 % in local currencies) Corporate Promo 15 %, Sports & Leisure 7 %, Gifts & Home Furnishings 5 % Growth in all regions Promo sales channel 15 %, retail 5 %
Slide 15: Net Sales
NET SALES Ql Q2 Q3 Q4 ™2013 m2014 2015 2016 2017 M2018 ANewWiwe Gf oO UF
Slide 16: April - June: Net Sales per Geographic Area
APRIL - JUNE NET SALES PER GEOGRAPHIC AREA SEK million Apr - Jun Part of Apr - Jun Part of Change Change 2018 net sales 2017 net sales MSEK % Sweden 374.5 25% 341.7 25% 32.8 10% USA 375.8 25% 375.4 27% 0.3 0% Nordic countries excluding Sweden 221.9 15% 188.6 14% 33.3 18% Central Europe 215.0 14% 193
Slide 17: April - June: Income Statement
APRIL - JUNE Gross profit margin amounted to 47.2 (45.6) % SEK million Apr – Jun Apr – Jun External costs and personnel costs amounted to a 2018 2017 total of SEK -566.0 (-503.0) million – More market activities Net sales 1 523.2 1 371.8 Goods for resale -804.2 -745.7 – More employees within sales,
Slide 18: Result for the Period
RESULT FOR THE PERIOD 160 140 120 100 ] Q2 Q3 Q4 ™2013 m2014 2015 M2016 M2017 2018 Gf oO UF
Slide 19: April - June: EBITDA per Operating Segment
APRIL - JUNE EBITDA PER OPERATING SEGMENT Sports & Leisure amounted to SEK 42.2 (28.9) million Corporate Promo amounted to SEK 109.9 (95.6) million – Higher turnover – Higher turnover – Improved gross profit margin – Increased marketing activities – Higher marketing costs Gifts & Home Furnishings am
Slide 20: April - June: Cash Flow
APRIL - JUNE CASH FLOW SEK million Apr - Jun Apr - Jun 2018 2017 Cash flow from operating activities before changes in working capital 128.3 105.0 Change in working capital -3.7 -54.9 Cash flow from operating activities 124.6 50.1 Investing activities -41.6 -16.0 Cash flow after investing activities
Slide 21: CEO Comments
CEO COMMENTS ” The quarter Strong growth of 11 % (9 % in local currency) Promo sales channel increased 15 % (North America 9 % in local currency), retail 5 %. Our investments are Positive calender effect, 16th quarter in a row with growth. Our investments are paying off. rapidly being paid off Opera
Slide 22: January - June: Sales
JANUARY - JUNE SALES Sales amounted to SEK 2 796.0 (2 635.9) million Sales increased by 6 % (6 % in local currencies) Corporate Promo 11 %, Sports & Leisure 2 %, Gifts & Home Furnishings 3 % Growth in all regions (in local currency) Promo sales channel 11 %, retail 1 %
Slide 23: January - June: Net Sales per Geographic Area
JANUARY - JUNE NET SALES PER GEOGRAPHIC AREA SEK million Jan - Jun Part of Jan - Jun Part of Change Change 2018 net sales 2017 net sales MSEK % Sweden 670.6 24% 645.8 25% 25 4% USA 689.1 25% 701.7 27% -13 -2% Nordic countries excluding Sweden 385.4 14% 351.7 13% 34 10% Central Europe 439.0 16% 411.2
Slide 24: January - June: Income Statement
JANUARY - JUNE Gross profit margin amounted to 47.0 (45.4) % SEK million Jan – Jun Jan – Jun 2018 2017 External costs and personnel costs amounted to a total of SEK -1,129.6 (-1,019.8) million Net sales 2 796.0 2 635.9 – More market activities Goods for resale -1 481.7 -1 438.5 – More employees with
Slide 25: January - June: EBITDA per Operating Segment
JANUARY - JUNE EBITDA PER OPERATING SEGMENT Sports & Leisure amounted to SEK 55.5 (61.7) million Corporate Promo amounted to SEK 152.6 (129.2) million – Improved gross profit margin – Higher turnover – Higher costs – Increased marketing activities Gifts & Home Furnishings amounted to SEK -16.2 (-6.5
Slide 26: January - June: Cash Flow
JANUARY - JUNE CASH FLOW SEK million Jan - Jun Jan - Jun 2018 2017 Cash flow from operating activities before changes in working capital 129.5 142.8 Change in working capital 1.7 -59.1 Cash flow from operating activities 131.2 83.7 Investing activities -81.4 -35.9 Cash flow after investing activitie
Slide 27: Financial Highlights
FINANCIAL HIGHLIGHTS SEK million Jan – Jun Jan – Jun Jan – Dec Jan – Dec 2018 2017 2017 2016 Net sales growth, % 6.1 10.4 6.9 5.5 Number of employees 2 558 2 451 2 495 2 396 Gross profit margin, % 47.0 45.4 46.1 46.0 Operating margin before depreciation, % 6.9 7.0 9.5 8.7 Operating margin, % 5.6 5.8
Slide 28: CEO Comments: The Future
CEO COMMENTS ” The future Good order stocks, well balanced inventories, larger sales forces and intensive marketing I would like to mention Craft Teamwear in particular, where we have major growth potential Craft Teamwear - Torsten Jansson, CEO Deal with Spartan – breakthrough for Craft in USA Janua
Slide 29: We strive to make everyone who buys our products a happy customer
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!
Slide 30: Thank You!
THANK YOU! NewS five G R O° U P