Slide 1: Q3 2021 Results
SHOWROOMPRIVE 22 October 2021 Q3 2021 Results
Slide 2: 1. Q3 2021 Financial Performance
1. Q3 2021 FINANCIAL P
Slide 3: Key Financial Highlights
KEY FINANCIAL HIGHLIGHTS %Var. %Var. Q3 2019 Q3 2020 Q3 2021 Group net revenues decreased by 16.8% in Q3 2021 20 vs 21 19 vs 21 to €135m compared to Q3 2020 Net revenues (€m) 125.0 161.9 134.7 (16.8%) 7.8% Total Internet rev. (€m) 121.9 160.0 132.8 (17.0%) 8.9% Q3 is historically the lowest quar
Slide 4: Key Business Highlights (1/3)
KEY BUSINESS HIGHLIGHTS (1/3) SLOWER TOP LINE GROWTH DURING Q3 2021 IN LINE WITH THE INDUSTRY… • As the end of the lockdown took effect in May 2021 and the summer period, the e-commerce activity structurally and cyclically slowed down • Brand partners that have decreased production during the Covid
Slide 5: Key Business Highlights (2/3)
KEY BUSINESS HIGHLIGHTS (2/3) … BUT COMPENSATED BY THE STRONG PERFORMANCE OF OUR NEW GROWTH LEVERS • Despite a lacklustre activity and the inventory shortage in the fashion and Home segments, our commercial efforts have been rewarded by the signing of new major accounts including Nike, Zara, H&M, C&
Slide 6: Key Business Highlights (3/3)
KEY BUSINESS HIGHLIGHTS (3/3) PROFITABILITY PRESERVED AS A RESULT OF THE TIGHT CONTROL IN PLACE SINCE 2020 Tight selection of offers resulted in a rationalisation of the offers in order to select only those generating an acceptable profitability level • Despite the shortage of inventory in the mar
Slide 7: Net Revenue Performance
NET REVENUE PERFORMANCE Net Sales IFRS breakdown € million Q3 2020 Net Revenue 9M 2020 Net Revenue 7.8% 22.5% 8.8% 12.5% 29.6% (16.8)% 522.9 5.0 161.9 464.7 427.0 6.5 2.0 (34.8%) (7.0%) 6.7 (2.4%) (23.7%) 125.0 134.7 1.8 3.0 431.4 134.3 350.9 387.1 32.2% (18.7)% 10.3% 11.5% 109.2 101.6 25.6 69.4 2.4
Slide 8: Q3 2019 Net Sales
Q3 2019 NET SALES Net sales IFRS - €m Y-o-y growth 19-20 (19.8%) 19.3% 29.6% 8.8% 20-21 50.9% 13.7% (16.8%) 12.5% 19-21 21.1% 35.6% 7.8% 22.5% 523 465 427 210 178 185 147 155 162 125 135 118 Q1 Q2 Q3 YTD 2020 YTD 2021 GROWTH DRIVEN BY STRONG Q1 2021 PERFORMANCE IN LIGHT OF A FAVOURABLE COMPARABLE BA
Slide 9: Focus on Customer
FOCUS ON CUSTOMER Average Revenue Per Buyer by Geography Active Buyers By Geography € million € million 2.61 2.68 Total 2.11 2.17 0.50 0.52 180 165 YTD-20 YTD-21 Average Basket Size 125 115 € million 108 102 108 102 44.2 47.8 YTD-20 YTD-21 Q1 Q2 Q3 YTD 2020 Orders Per Buyer € million 3.59 3.71 YTD-2
Slide 10: 2. Q4 2021 and FYE Landing
2. Q4 2021 & FVE LANDIN
Slide 11: Q4 and FYE Landing
Q4 AND FYE LANDING DESPITE A CHALLENGING Q4, FULL YEAR RESULTS WILL REMAIN STRONG Challenging market environment is expected to continue over the short-to-medium term intensifying supply shortage Tension on the supply chain intensifies and is affecting all categories, including leather goods, to
Slide 12: 3. Change of Governance
3. Change of Governance
Slide 13: Strong Management Team
STRONG MANAGEMENT TEAM Showroomprivé has announced a change in its governance effective as of 1 January 2022 DAVID DAYAN F R A N C OI S d e CEO CASTELNAU Deputy CEO STEPHAN S A R A H D UPON D HAKIM A UR E L I E FREDERIC B R I A N B E UN E T P L O UJ O UX LEGAL, HR, ESG B E N M A K H L OUF B OUV A R