Aeffe S.p.a. · MIL:AEF
Aeffe — 9M 2012 Earnings Presentation
15 slides from Aeffe's earnings presentation, Nov 9, 2012
Slide 1: Nine Months 2012 Results Presentation
Nine Months 2012 Results Presentation 9, November 2012
Slide 2: 9M 2012 Key Facts
9M 2012 Key Facts Consolidated Revenues +0.7% at € 198.7m, (-1% at constant exchange rates) Consolidated EBITDA for € 20.5m, compared to an EBITDA of € 19.1m in 9M 2011 Consolidated Net Loss at € 0.3m, compared to a Net Profit of € 0.1m in 9M 2011 Consolidated Net Financial Debt of € 95.6m, compared
Slide 3: Net Sales Breakdown by Division
Net Sales Breakdown by Division(1) 9M 2012 9M 2011 (€m) (€m) % on Total Sales % on Total Sales 160 -3.1% * vs 9M 2011 160 Footwear & Leather Footwear Goods 24% 140 26% & Leather 140 Goods 59,6 59,4 74% 76% Prêt à 120 120 porter Prêt à porter 100 100 80 80 39,9 38,9 60 +7.9% * vs 9M 2011 60 22,4 40 4
Slide 4: Net Sales Breakdown by Brand
Net Sales Breakdown by Brand 9M 2012 9M 2011 (€m) (€m) % on Total Sales % on Total Sales +4.7% * 100 100 Pollini Pollini 45,2 12% 13% J.P. J.P. 90 Gaultier 90 Gaultier 41,8 5% 5% Moschino 59% 5% Others 4% Others Moschino 56% 80 80 20% 21% Alberta Alberta Ferretti Ferretti 70 70 60 60 28,1 28,2 50 50
Slide 5: Net Sales Breakdown by Region
Net Sales Breakdown by Region 9M 2012 9M 2011 (€m) (€m) % on Total Sales % on Total Sales (6.1%) * 80 80 Russia USA USA Japan Japan Russia 9% 7% 9% 6% 9% 8% 70 21% 14% 70 22% 12% Europe RoW Europe RoW 29,5 29,1 60 40% 60 43% Italy Italy 50 50 (1.0%) * 21,2 40 20,1 40 17,1 15,3 30 +6.1% * 30 11,6 8,7
Slide 6: Net Sales Breakdown by Channel
Net Sales Breakdown by Channel 9M 2012 9M 2011 (€m) (€m) % on Total Sales % on Total Sales 140 140 Retail (1.1)% * 31% Retail 30% 120 6% Royalties 120 6% Royalties 63% 64% 100 50,4 100 51,3 Wholesale Wholesale 80 80 +0.3% * 24,7 25,5 60 60 22,4 21,3 40 40 18,5 18,5 50,6 48,8 20 20 (6.5%) * 19,9 4,3
Slide 7: Mono-brand Stores Network
Mono-brand Stores Network DOS Franchising 7
Slide 8: Income Statement – 9M 2012/2011
Income Statement – 9M 2012/2011 (€m) 8
Slide 9: Summary Balance Sheet
Summary Balance Sheet (em) Net Working Capital Net Tangible Assets Net Intangible Assets Net Financial Assets Severance Staff, Provisions & Others Net Capital Employed Group Shareholders' Equity Minorities Shareholders’ Equity & Minorities Net Debt Shares Buyback Net Financial Debt and Shareholders’
Slide 10: Summary Cash Flow
Summary Cash Flow (€m) possesses 1 9M120 | FY 11 9M 11 i i PBT 46 (1,2) 52 Operating Cash Flow ! (3,9) H 14,0 (3,4) i u I ! i Capital Expenditure t 12,3 \ (10,5) (3,7) Free Cash Flow 84 35 (7,1) Cash Flows from Financing Activities I (3,6) i 0,5 6,8 i ' 1 ' 1 ! i ' 1 i Cash and cash equivalents at t
Slide 11: Appendices
Appendices
Slide 12: Company Profile
Company Profile (1) Organisational Structure Ownership Structure Aeffe Fashion Group Chairman: Massimo Ferretti CEO: Simone Badioli IM Fashion Chief Executive Officer 24% Simone Badioli Tullio General Badioli 5% Manager/CFO Marcello Tassinari Mediobanca 2% Investor Relation Communication and Manager
Slide 13: Cash Flow Statement
Cash Flow Statement (em) ae H 9M 12 1 FY 11 9M 11. PBT ! 46 ' (1,2) 5,2 Depreciation & Amortisation { 10,1 14,8 10,3 Provisions & Impairments | (0,3) (1,6) (1,2) Taxes H (2,2) (2,6) (1,3) Net Interest 58 i 48 3,6 Change in other liabilities / (assets) (21,9) (0,2) (20,0) Operating Cash Flow (3,9) 14
Slide 14: Income Statement – Full Year 2009-2011
Income Statement – Full Year 2009-2011 (€m) 14
Slide 15: Important Information
Important Information The information provided in this presentation is being furnished to you solely for your information on a confidential basis. Neither this document nor any copy thereof may be reproduced or redistributed. Persons into whose possession the content of this presentation come should