New Wave Group Ab Class B · OMXSTO:NEWA_B
New Wave Group Ab Class B — Q1 2019 Earnings Presentation
23 slides from New Wave Group Ab Class B's earnings presentation, 2019
Slide 1: Interim Report January - March 2019
2019 INTERIM REPORT January - March
Slide 2: This is New Wave Group
THIS IS NEW WAVE GROUP Sweden Shanghai Dhaka Bangalore Ho Chi Min New Wave Group is a growth company that designs, acquires and develops brands. To ensure good risk diversification, the Group will market its products in the promo market and the retail market. The Group’s growth target is 10-20 % per
Slide 3: Operating Segments and Sales Channels
OPERATING SEGMENTS AND SALES CHANNELS Corporate Our brands are categorized according to which of our three operating segments it belongs to: Corporate, Sports & Leisure or Gifts & Home Furnishings. The brands are distributed in both the promo market and the retail market to achieve good risk diversi
Slide 4: Corporate - Vision
CORPORATE - VISION The vision for the Corporate operating segment is to become the leading supplier of promotional products to corporations in Europe and one of the leading suppliers in the USA by offering companies a broad product range, strong brands, advanced expertise and service, and a superior
Slide 5: Sports and Leisure - Vision
SPORTS AND LEISURE - VISION The vision for the Sports & Leisure operating segment involves establishing Craft as a world-leading sportswear brand, and making Cutter & Buck a world-leading golf apparel brand. The brand Auclair should take a leading position on gloves in Europe and we will also use Pa
Slide 6: Gifts & Home Furnishings - Vision
GIFTS & HOME FURNISHINGS - VISION The vision for the Gifts & Home Furnishings operating segment area is to make Orrefors and Kosta Boda world leading glass and crystal suppliers. Part of the vision also involves utilising innovative and playful design to make Sagaform a prominent player in Northern
Slide 7: Activities in Focus...
ACTIVITIES IN FOCUS...
Slide 8: Work Wear
WORK WEAR Our investments in the market continue!
Slide 9: Teamwear
CRAFT ::- TEAMWEAR HAMMARBY FOTBOLL KAAGENT TEAM} SWEDEN = SVENSK FRIIDROTT Y Neo ve
Slide 10: Cutter & Buck
CUTTER & BUCK Great growth opportunities!
Slide 11: Financial Information
FINANCIAL INFORMATION
Slide 12: January - March: Net Sales
JANUARY - MARCH NET SALES Sales amounted to SEK 1,504.9 (1,272.8) million 1 600 Sales increased by 18 % (11 % in local currencies) 1 400 Promo sales channel 19 %, retail 17 % 1 200 594.3 1 000 509.1 Growth in all regions 800 All time high for net sales in a first quarter! 600 910.6 400 763.7 200 0 Q
Slide 13: Net Sales
NET SALES ™2015 ©2016 2017 2018 M2019 GR OU P
Slide 14: Net Sales per Operating Segment
NET SALES PER OPERATING SEGMENT Corporate 19 % Sports & Leisure 21 % Gifts & Home Furnishings 2 % 800 700 600 500 400 300 200 100 0 Q1-19 Q1-18 Q1-19 Q1-18 Q1-19 Q1-18 Promo Retail
Slide 15: Net Sales per Geographic Area
JANUARY - MARCH NET SALES PER GEOGRAPHIC AREA MSEK Jan - Mar Share of Jan - Mar Share of Change Change 2019 net sales 2018 net sales MSEK % USA 375.7 25% 313.4 25% 62.3 20% Sweden 328.4 22% 296.1 23% 32.3 11% Central Europe 260.9 17% 224.1 18% 36.9 16% Nordic countries excl. Sweden 195.2 13% 163.5 1
Slide 16: January - March: Income Statement
JANUARY - MARCH Gross profit margin amounted to 47.1 (46.8) % SEK million Jan – Mar Jan – Mar 2019 2018 External costs and personnel costs amounted to a total of SEK -621.4 (-563.6) million Net sales 1 504.9 1 272.8 – More sales and service oriented activities Goods for resale -795.3 -677.5 – More e
Slide 17: Result for the Period
RESULT FOR THE PERIOD 180 160 140 120 100 Q2 Q3 m2015 ©2016 2017 2018 2019 Q4 GR OU P
Slide 18: EBITDA per Operating Segment
JANUARY - MARCH EBITDA PER OPERATING SEGMENT All segments had higher net sales but also 100 higher costs due to more sales- and service oriented activities 80 Corporate – IFRS 16 affected SEK 19.4 million 60 40 Sports & Leisure 58.0 – Higher gross profit margin 20 42.8 27.9 – IFRS 16 affected SEK 9.
Slide 19: Cash Flow
JANUARY - MARCH CASH FLOW SEK million Jan - Mar Jan - Mar 2019 2018 Cash flow from operating activities before changes in working capital 49.3 1.2 Change in working capital -114.4 5.4 Cash flow from operating activities -65.1 6.6 Investing activities -38.3 -39.8 Cash flow after investing activities
Slide 20: Financial Key Figures
FINANCIAL KEY FIGURES 3 months 3 months 12 months 12 months Jan – Mar excl Jan – Mar Jan – Dec Jan – Dec 2019 IFRS 16 2018 2018 2017 Net sales growth, % 18.2 0.7 12.4 6.9 Number of employees 2 604 2 527 2 605 2 495 Gross profit margin, % 47.1 46.8 46.6 46.1 Operating margin before depreciation, % 6.
Slide 21: CEO Comments
CEO COMMENTS ” January - March Strong growth of 18 % (11 % in local currencies). All time high sales. 19th quarter in a row with growth. Rolling 12 months have now exceeded SEK 6.5 billion. Our investments in marketing activities To achieve an operating continued. result of SEK 46.0 million Operatin
Slide 22: We strive to make everyone who buys our products a happy customer
We strive to make everyone who buys our products a happy customer. If you choose to invest in New Wave Group we want you to know that we promise to take care of your investment in the best possible way we can through long term thinking, growth, stability and hard work!
Slide 23: New Wave Group
NewNiawe G R fe) U P