Elumeo Se · XETR:ELB
Elumeo — Baader Investment Conference (September 2016)
36 slides from Elumeo's conference presentation, September 2016
Slide 1: Baader Investment Conference
Baader Investment Conference One of the leading electronic jewelers in Europe
Slide 2: Management team: more than 70 years of combined professional experience
Management team: more than 70 years of combined professional experience
Slide 3: Table of contents
Table of contents 1) elumeo at a glance elumeo’s Transformation Opportunity Financials Outlook 2016 Appendix
Slide 4: elumeo at a glance
elumeo at a glance • • • • • • • • • • • • • • • • • • •
Slide 5: elumeo share price development has been disappointing so far
elumeo share price development has been disappointing so far ● ● ● ●
Slide 6: Table of contents
Table of contents 1) elumeo at a glance 6 elumeo’s Transformation Opportunity 3) Financials 4) Outlook 2016 5} Appendix
Slide 7: EU Jewelry Market: Online grows 4 times faster
EU Jewelry Market : Online grows 4 times faster
Slide 8: Huge transformation opportunity ahead
Huge transformation opportunity ahead • • • • •
Slide 9: Transformation will be driven by four forces
Transformation will be driven by four forces 1 2 3 4
Slide 10: Three pillars provide strong competitive advantages
Three pillars provide strong competitive advantages
Slide 11: elumeo makes fine jewelry an affordable luxury for everyone
elumeo makes fine jewelry an affordable luxury for everyone Tele- shopping Online Retail Jewelers
Slide 12: Great value for money creates superbly loyal customers
Great value for money creates superbly loyal customers
Slide 13: Continuous investment in elumeo's eCommerce platforms to achieve 24/7 customer access
Continuous investment in elumeo’s eCommerce platforms to achieve 24/7 customer access ● ● ● ●
Slide 14: elumeo's growth strategy founded on three pillars
elumeo’s growth strategy founded on three pillars 3 • • 2 • • 1 • • • • •
Slide 15: elumeo made progress on all three strategic areas in 2015 and 2016
elumeo made progress on all three strategic areas in 2015 and 2016 1 2 3 • • • • • • • • • • • • •
Slide 16: Initiatives to enhance the cost leadership
Initiatives to enhance the cost leadership ● ● ● ● ● ● ●
Slide 17: Agile integrated gemstone-buying
Agile integrated gemstone-buying: elumeo has driven integration one level further ● ● ● ● ● ●
Slide 18: In 2015 part of the gains in efficiency have been offset by low Baht/Euro exchange rate
In 2015 part of the gains in efficiency have been offset by historically low exchange rate between Thai Baht and Euro • • •
Slide 19: In Q2 2016 new formats have been successfully launched in Germany
In Q2 2016 new formats have been successfully launched in Germany….. ● ● ● ●
Slide 20: A fully new structure for the daily presentation on TV
….and a fully new structure for the daily presentation on TV
Slide 21: The cooperation with KAT FLORENCE has developed according to plan
The cooperation with KAT FLORENCE has developed according to plan • • • •
Slide 22: Table of contents
Table of contents 1) elumeo at a glance 2) elumeo’s Transformation Opportunity } 6 Financials 4) Outlook 2016 5} Appendix elumeo|22 + la
Slide 23: Gross Profit and Margin back on track after challenging second half 2015
Gross Profit and -Margin back on track after challenging second half 2015 • • • • •
Slide 24: Revenue in July and August 2016 higher than prior year period
Revenue in July and August 2016 higher than prior year period and first two months of the previous quarter Σ Σ Σ Σ ● ● ● ● ●
Slide 25: Q2 2016 vs. Q2 2015 performance – Overview
Q2 2016 vs. Q2 2015 performance – Overview ● ● ● ● ● ●
Slide 26: H1 2016 vs. H1 2015 performance – Overview
H1 2016 vs. H1 2015 performance – Overview ● ● ● ● ● ●
Slide 27: Table of contents
Table of contents 1) elumeo at a glance 2) elumeo’s Transformation Opportunity } 3) Financials b4) outlook 2016 5} Appendix elumeo|27 + la
Slide 28: 2016 Outlook
2016 Outlook * Due to the devaluation of the GBP against the THB, that has already taken place and can be expected to be even stronger in the future no sales and earnings forecast is possible for Rocks & Co. * elumeo currently evaluates all strategic options for the future position in the UK market
Slide 29: Table of contents
Table of contents 1) elumeo at a glance 2) elumeo’s Transformation Opportunity 3) Financials 4) Outlook 2016 gS) Aopen elumeo|29
Slide 30: Consolidated Income Statement
Consolidated Income Statement • • •
Slide 31: Segment Report
Segment Report Q2 2016 1 Jan - 30 Jun 2016 Revenue Gross Segment- Revenue Gross Segment- EUR thousand profit EBITDA profit EBITDA Sales division Germany & Italy 14,636 5,610 -876 26,548 11,266 -1,843 Sales division Others 5,687 2,049 -390 8,706 3,281 -1543 Group functions & eliminations 0 542 -113 0
Slide 32: Balance sheet
Balance sheet ASSETS Notes 30/06/2016 31/12/2015 sage . + No significant change in non current assets Non-current assets . Intangible assets (11.) 1,017 1,011 . Inventories as of 30 June 2016 Property, plant and equipment (11.) 11,537 11,676 include further EUR 17 million of Other financial assets (
Slide 33: Balance sheet
Balance sheet EFQUITY &LIABILITIFS Note BOR UgieGts 31 Dec 2015 * Equity decreased due to the negative EUR thousand result after taxes Equity * Non-current liabilities declined mainly Issued capital (17) 5,500 5,500 wee gs . c. due to the reclassification of a loan in apital reserve a7) 33,647 33,39
Slide 34: Cash Flow Statement
Cash Flow Statement Notes 01.01. - 01.01. - 30.06.2016 50/06/2015 Earnings before interest and taxes (EBIT) -6,679 +951 +/- Depreciation and amortisation on non-current assets (11.) +848 +390 +/- Increase/decrease in provisions (18) +60 -128 +/- Equity-settled share-based remuneration (15.) +250 ie)
Slide 35: Cash Flow Statement
Cash Flow Statement Notes 01.01. - 01.01. - 30.06.2016 30/06/2015 Investing activities - Payments for investments in intangible assets (11.) -60 -26 mainly for -__ Payments for investments in property, plant and equipment (11.) -682 -1,448 maintenance =__Cash flow from investing activities -742 -1,4
Slide 36: Points of contact
6 Points of contact Executive Board: Wolfgang Boyé, Don Kogen, Bernd Fischer, Boris Kirn, Thomas Jarmuske, Deborah Cavill, Anette Bronder, Roland Sand Investor Relations contact: Alexander Enge Erkelenzdamm 59/61 10999 Berlin E-Mail: IR@elumeo.com Phone: +49 30 69 59 79-231 Fax: +49 30 69 59 79-650
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