Nelly Group Ab · OMXSTO:NELLY
Nelly Group Ab — FY2020 Earnings Presentation
10 slides from Nelly Group Ab's earnings presentation
Slide 1: Full-Year Report 2020
FULL‐YEAR REPORT 2020 Kristina Lukes CEO David Granath CFO
Slide 2: An independent fashion brand
An independent fashion brand STRUCTURE FOR FOCUS ON NELLY RELAUNCH • Qliro Group dismantled • Kristina Lukes new CEO • CDON listed on First North • New management team and board • Qliro AB listed on Nasdaq • Gathering business in Borås
Slide 3: Customer focused and technology driven company that offers a vibrant world of fashion
Customer focused and technology driven company that offers a vibrant world of fashion INSPIRATIONAL LOYAL BASE OF NORDIC FASHION INITIATED ONLINE FASHION YOUNG NORDIC BRAND RELAUNCH DESTINATION WOMEN • SEK 1.3b net sales in the • 108m Nordic visitors • 1.1m customers in the • Renew brand promise Nor
Slide 4: Her most loved fashion brand
Her most loved fashion brand WE PROMISE: HOW WE DO IT: RESULTS: Always on point with a full head‐ to‐toe look that isn’t breaking your Gain shares in bank account the Nordics ALWAYS CELEBRATE THE FAB YOU! Target: Target: They love us Sales Improved Higher stock Target: Target: profitability turnover
Slide 5: Fourth quarter highlights
Fourth quarter highlights FOCUS ON THE INCREASED NORDICS GROSS MARGIN • Higher efficiency across value chain • 4% growth in the Nordics in local currencies • Lower direct selling costs with higher • Fewer parties and social occasions efficiency • 3rd largest brand in Sweden and 2nd largest • Gross m
Slide 6: Fourth quarter highlights
Fourth quarter highlights LOWER INVENTORY RETURNS TURNOVER • 5 percentage points lower in Q4 • 32 percent lower inventory • Nordic focus and category mix • Significantly higher inventory turnover • Digitalized process and exclusion of bad • New process for purchases and logistics and returners actio
Slide 7: Income statement
Income statement Net sales decreased slightly, but increased 2% in local currencies SEKm Q4 20 Q4 19 Net sales 394 400 EBITDA increased with higher whereof Nordics 361 363 efficiency, focus on the Nordics Gross profit 91 78 and lowered return rate Gross margin 23.2% 19.4% EBITDA 8 ‐24 Central costs
Slide 8: Cash flow during the quarter
Cash flow during the quarter ‐2 ‐5 230 Net inventory decreased during 21 the quarter as inventory turnover increased 45 173 ‐2 Other operating net working capital decreased, following seasonal pattern Credit facility not utilized and no interest‐bearing liabilities Seasonal strong cash sufficient fo
Slide 9: Relaunch Nelly
Relaunch Nelly PLATFORM CULTURE LOGISTICS BRAND • Data driven digital sales • Gear up performance • Relaunch Nelly brand • Automated warehouse • Influencers marketing • Build on winning culture everyday fab • Improved processes • Fashion savvy purchasing • Gathering in Borås, • Tighter target group,
Slide 10: Thanks!
Q1 REPORT 21 APRIL THANKS!