Aeffe S.p.a. · MIL:AEF
Aeffe — 9M 2017 Earnings Presentation
14 slides from Aeffe's earnings presentation, Nov 9, 2017
Slide 1: AEFFE 9M 2017 Results Presentation
AEFFE Appendices AEFFE 9M 2017 Results Presentation 9th November 2017
Slide 2: 9M 2017 Key Facts
9M 2017 Key Facts Consolidated Revenues +10.0% at € 235.0m, (+9.9% at current exchange rates) Consolidated EBITDA for € 30.4m, compared to an EBITDA of € 21.3m in 9M 2016, with a €9.1m increase (+43%) Consolidated Net Profit for the Group at €11.9m, compared to a Net Profit of € 4.9m in 9M 201
Slide 3: Net Sales Breakdown by Division
Net Sales Breakdown by Division(1) 9M 2017 9M 2016 179.9 (€m) (€m) % on Total Sales % on Total Sales +9.8% * vs 9M 2016 180 180 Footwear 170 170 163.9 & Leather Footwear Goods 160 31% & Leather 160 30% Goods 150 150 63,6 140 69% 140 70% Prêt à 56,9 Prêt à porter 130 130 porter 120 120 110 110 100 10
Slide 4: Net Sales Breakdown by Brand
Net Sales Breakdown by Brand 9M 2017 9M 2016 (€m) (€m) % on Total Sales % on Total Sales 163.4 170 +10.8% * 170 12% 160 Pollini 160 Pollini 147.5 11% 150 11% Philosophy di 150 11%5% Philosophy di 5% Lorenzo Serafini 5%Lorenzo Serafini 140 70% 4% Others 140 69% 69% 6% Others 58,6 10% 9%9% 130 Alberta
Slide 5: Net Sales Breakdown by Region
Net Sales Breakdown by Region 9M 2017 9M 2016 (€m) (€m) % on Total Sales % on Total Sales 116,0 120,0 120,0 +20.2% * Russia USA Russia USA 3% 6% 3% RoW 110,0 8% 110,0 Europe RoW 21% 21% Europe 22% 22% 100,0 96,5 100,0 43,9 49% 90,0 45% 90,0 Italy Italy 80,0 35,9 80,0 70,0 70,0 60,0 60,0 48.8 48.2 33
Slide 6: Net Sales Breakdown by Channel
Net Sales Breakdown by Channel 9M 2017 9M 2016 (€m) (€m) 164.4 % on Total Sales % on Total Sales 170 +7.5% * Retail 170 Retail 160 27% 152.8 160 25% 150 3% Royalties 150 3% Royalties 140 59,2 140 130 70% 72% 130 120 53,6 Wholesale Wholesale 120 110 110 100 100 90 90 80 47,7 63.2 80 43,5 70 +18.4% *
Slide 7: Mono-brand Stores Network
Mono-brand Stores Network DOS 9M17 FY16 Europe 45 45 America 3 3 Asia 14 16 Total 62 64 Franchising 9M17 FY16 Europe 48 50 America 1 2 Asia 131 139 Total 180 191 7
Slide 8: Income Statement – 9M 2017/2016
Income Statement – 9M 2017/2016 (€m) 9M 17 9M 16 Net Sales 235,0 213,8 % change 9,9% Other Revenues 2,6 5,3 Total Revenues 237,6 219,1 % change 8,0% Raw Materials Costs (73,0) (68,8) Service Costs (65,2) (61,6) Costs for use of third parties (17,7) (17,4) Personnel (47,8) (47,0) Other Operating Expe
Slide 9: Summary Balance Sheet
Summary Balance Sheet 9M 17 FY 16 9M 16 (€m) Net Working Capital 95,8 73,1 91,7 Net Tangible Assets 60,1 61,4 61,5 Net Intangible Assets 111,2 115,1 116,4 Net Financial Assets 3,5 4,1 3,9 Severance Staff, Provisions & Others (25,2) (26,1) (27,3) Net Capital Employed 245,4 227,6 246,2 Group Sharehold
Slide 10: Summary Cash Flow
Summary Cash Flow (€m) 9M 17 FY 16 9M 16 PBT 18,6 8,3 10,5 Operating Cash Flow 0,1 10,7 (8,6) Capital Expenditure (3,4) (2,3) (0,8) Free Cash Flow (3,4) 8,4 (9,4) Cash Flows from Financing Activities 3,8 (3,9) 8,0 Cash and cash equivalents at the beginning of the year 3,8 10,0 10,0 Cash Flow of the
Slide 11: AEFFE Appendices
AEFFE Appendices AEFFE Appendices
Slide 12: Income Statement – Full Year 2014-2016
Income Statement – Full Year 2014-2016 (€m) 12
Slide 13: Company Profile
Company Profile Organisational Structure Ownership Structure (1) IM Fashion AEFFE FASHION GROUP Chairman: Massimo Ferretti 24% Chief Executive Officer Simone Badioli Tullio Managing Director/CFO Marcello Tassinari Badioli 6% Investor Relation Communication and Manager Marketing Annalisa Aldrovandi C
Slide 14: Disclaimer
Disclaimer This presentation is being furnished to you solely for your information on a confidential basis and may not be reproduced or redistributed to any other person. This presentation does not constitute or form part of any offer to sell or invitation to purchase or subscribe for, or otherwise