New Wave Group Ab Class B · OMXSTO:NEWA_B
New Wave Group Ab Class B — Q2 2005 Earnings Presentation
24 slides from New Wave Group Ab Class B's earnings presentation, 2005
Slide 1: Presentation of New Wave Group
© 2003 New Wave Group AB ENG C-12 Presentation of
Slide 2: Business idea
Business idea New Wave Group is a growing company that designs, acquires and develops quality articles for the profiling market (business market) and the consumers’ market, mainly in the clothing, accessories and gifts areas. New Wave Group concentrates on two business areas: ✔ The Retailing busines
Slide 3: Did you know...
Did you know... ...that New Wave Group through its trademarks (2004) sold approximately… ✔ 5.0 million one-coloured T-shirts in Sweden and 8.0 million in the rest of Europe? ✔ 550 thousand piqué shirts in Sweden and 3.0 million in the rest of Europe? ✔ 400 thousand shirts in Sweden and 600 thousand
Slide 4: New Wave – history
✔ 1990 • Sweden and Norway. New Wave – history ✔ 1994 • Finland and Italy. ✔ 1996 • Acquisition of Craft AB. ✔ 1997 • Denmark, Spain and Sales Germany. Result after net financial items ✔ 1998 • Acquisition of Hefa AB. ✔ 1999 • Holland and England. ✔ 2000 • France. Acquisition of Texet AB. ✔ 2001 • A
Slide 5: Intraco.nl
© 2002 New Wave Group AB 5 Intraco.nl
Slide 6: Vision – The Profiling business area
Vision – The Profiling business area To become Europe’s leading supplier of promotion products by offering... ✔ good products. ✔ strong trademarks. ✔ high compentence and service. ✔ a unique and complete concept for our retailers, including e- business and marketing solutions etc. The total market c
Slide 7: Range coverage
Range coverage Existing Possible New Wave Distributors Promowear Give-aways Working clothes • Shirts • Bags • Overalls • T-shirt • Gifts • Jackets • Sweatshirt • Terry towels • etc. • etc. • Pens • Calculators • Lighters • Keyrings © 2003 New Wave Group AB • etc. FULL COVERAGE VERY GOOD COVERAGE GOO
Slide 8: Owned trademarks in the Corporate Profiling business area
The following owned trademarks are distributed within the Corporate Profiling business area: © 2002 New Wave Group AB ENG 11
Slide 9: Vision – The Retailing business area
Vision – The Retailing business area ✔ To become the Nordic countries’ main supplier of sports- and leisurewear. ✔ To develop Sagaform into one of Europe’s biggest brands on kitchen, china and gifts. ✔ To develop the owned trademarks Craft and Seger into international trademarks on functional sports
Slide 10: The Retailing business area
The Retailing business area These owned trademarks are distributed within the Retailing business area: ✔ – functional sportswear ✔ – basicwear, T-shirts etc, for the sports trade. ✔ – basic ware, T-shirts etc, for the everyday commodities trade. ✔ – socks, caps etc. ✔ – children’s shoes ✔ – ladies’
Slide 11: The Retailing business area
The Retailing business area The following licence or agent trademarks are distributed in Sweden: ✔ – skiing equipment ✔ – inlines ✔ – indoor bandy and skiing equipment ✔ – football clothes and equipment © 2002 New Wave Group AB 2003–2008 ENG 9
Slide 12: January–June 2005
January–June 2005 ✔ Sales: +18% to SEK 1,255 (1,065) m. Profile: +20% to SEK 892 (742) m. Retail: +12% to SEK 363 (323) m. Dahetra + OKB (Orrefors Kosta Boda) contribution was 99.0 m. ✔ Profit: SEK -27.5 to SEK 66.0 (93.5) m. Dahetra + OKB contributed with -SEK 14.6 m. Establishments SEK -17.7 m. ©
Slide 13: Q2 April–June 2005
Q2 April–June 2005 ✔ Sales: +24% to 738 (596) Mkr Establishments 83.0 Mkr. Profile: +19% to 544 (458) Mkr Retail: +41% to 194 (138) Mkr ✔ Profit: -1.4 Mkr to 74.5 (75.9) Mkr Establishments -11.3 Mkr. New establishments -6.4 Mkr. Profile: EBITDA +13.4 Mkr to 96.5 (83.1) Mkr © 2003 New Wave Group AB R
Slide 14: Important events during Q2
Importent events during Q2 ✔ Acquri of Orrefors Kosta Boda - New MD (Magnus Andersson previous Sagaform) nominated - More than 50 salaries employees have been reducted - Salaries is negotiated - Investments is stopped - Purchasing contracts is negotiated - Consolidated from 1st of June ✔ The cost fo
Slide 15: Sales
Sales Mkr 700 SEK M 600 500 400 300 200 100 © 2002 New Wave Group AB 0 Q1 Q2 Q3 Q4 1997 1998 1999 2000 2001 2002 2003 2004 2005 ENG 32
Slide 16: Profit/loss after net financial items
Profit/loss after net financial items SEK M © 2002 New Wave Group AB ENG 33
Slide 17: Financial Highlights
Financial Highlights JAN - JUNE JAN - JUNE JAN - DEC JAN - DEC MKR 2005 2004 2004 2003 Sales growth % 17,9 20,4 22,3 11,5 Employees 2 384,00 970 1 269,00 806 Gross profit margin % 45,5 46 45,9 44,4 Operating margin % 6,5 10,1 10,5 10,9 Profit marginal % 3,9 6,6 6,6 7,1 Return on shareholders’ equity
Slide 18: Income Statement
Income Statement 6 Months 6 Months 12 Months 12 Months JAN-JUNE JAN-JUNE JAN-DEC JAN-DEC SEK M, 2005 2004 2004 2003 Net sales 1255.1 1064.6 2 302.2 1 881.9 Other income 4.5 7.2 20.0 13.5 Goods for resale -684.1 -574.5 -1 246.4 -1 047.2 Gross profit 575.5 497.3 1 075.8 848.2 Gross margin 45.5% 46.0%
Slide 19: Sales per country
Sales per country JAN–JUNE JAN–JUNE CHANGE COUNTRY 2005 2004 SEK M % Sweden 499 465 34 7 Benelux 143 121 22 18 Norway 108 86 22 26 Germany 90 78 12 15 Finland 88 89 -1 -1 Italy 80 68 12 18 Denmark 51 24 27 114 Spain 45 47 -2 -4 France 41 32 9 28 Switzerland 37 20 17 85 England 32 28 4 14 © 2003 New
Slide 20: Prognosis 2005
Prognosis 2005 ✔ Higher turn over than 25% and result higher than 2004. © 2003 New Wave Group AB C-52 ENG
Slide 21: New Wave's success factors
New Wave’s success factors ✔ Economies of scale ✔ Synergies between the business areas ✔ Leads progress ✔ Good service/quality ✔ The customer is the most important ✔ The ”New Wave culture” © 2003 New Wave Group AB C-34 ENG
Slide 22: Our goals
Our goals ✔ Sales: SEK 5 b. ✔ Stock value: SEK 5 b. ✔ Profit/loss before taxes: SEK 500 m. ...and without these goals, which might seem crazy now, we will not be © 2003 New Wave Group AB able to come as far as we plan to in the future! When we have reached these goals, or just before we reach them,
Slide 23: Our vision
Our vision ✔ Sales: 10 billion SEK ✔ Stock value: 10 billion SEK ✔ Profit/loss before taxes: 1 billion SEK © 2003 New Wave Group AB C-99 ENG
Slide 24: We hope that everybody who buys our products is a content customer
We hope that everybody who buys our products is a content customer and we want you to know that if you choose to invest in New Wave Group we promise that we will take care of your investment in the best possible way through long-term thinking, growth, stability and hard work! © 2002 New Wave Group A