Grupa Forte Spolka S.a. · GPW:FTE

Grupa Forte Spolka — Grupa Forte — Q1 2019 Earnings Presentation

10 slides from Grupa Forte Spolka's earnings presentation, May 24, 2019

  1. Slide 1: Consolidated Financial Results for Q1 2019

    CONSOLIDATED FINANCIAL RESULTS FOR Q1 2019 WARSAW, 24 MAY 2019

  2. Slide 2: Financial Results for Q1 2019

    1 FINANCIAL RESULTS FOR Q1 2019 ES oo 925.9 thousand pieces PLNM319.5 12.0% 4.3% WE SOLD THOUSANDS OF TURNOVER PLN M EBITDA MARGIN NET PROFITABILITY PIECES OF FURNITURE

  3. Slide 3: Geographical Structure of Sales of the Forte Group Q1 2019

    GEOGRAPHICAL STRUCTURE OF SALES OF THE FORTE GROUP Q1 2019 20.60% WESTERN AND. NORTHERN EUROPE ™ 13.70% POLAND 11.50% CENTRAL AND SOUTHERN EUROPE \ 0.30% NON-EUROPEAN COUNTRIES 53.90% GERMAN-SPEAKING COUNTRIES (DACH)

  4. Slide 4: Sales Revenues Q1 2019

    SALES REVENUES Q1 2019 "PLN 000 8 +17% 2% +1% +21% + 35% +6% 147,025| |156,537 | |212,043| |255,770| |300,145) |293,659| | 295,513] |310,511 Q12012 Q12013 Q12014 Q12015 Q12016 Q12017 Q12018 Q12019 @ Sales revenue *including sales of raw board by TANNE Q1 2019- 12,249

  5. Slide 5: Sales of Furniture in PLN M

    SALES OF FURNITURE IN PLNM 330.0 5.4% 310.0 -0.1% 290.0 8% 270.0 250.0 2.2% ~6.3% 230.0 210.0 190.0 170.0 150.0 IQ ™ 2017 m2018 ™2019

  6. Slide 6: Net Profit Q1 2019

    NET PROFIT Q1 2019 ‘PLN 000 + 36% -8% + 8% + 68% + 51% +91% -77% 9,136 | 13,809] /23,228) |25,111 34,163) | 31,302 7,278 13,876 Q12012 Q12013 Q12014 Q12015 Q12016 Q12017 Q12018 Q1 2019 © Net profit

  7. Slide 7: Financial Results Q1 2019

    FINANCIAL RESULTS Q1 2019 , x“. 4 11 2018 112019 PLN ‘000 Q1 2017 Q12018 voor 2017 Q1 2019 won 2018 Sales revenue 293,659 295,513 0.6% 319,511 8.1% Gross margin on sales 114 908 94 189 -18.0% 105 823 12.4% Gross margin 39.1% 31.9% 7.3% 33.1% 1.2% Selling expenses 59618 62 542 4.9% 67 668 8% As % of

  8. Slide 8: Financial Ratios

    FINANCIAL RATIOS Q4 2017 Q1 2018 Q2 2018 Q3 2018 Q4 2018 Q1 2019 Net financial debt /EBITDA 4.02 5.44 5.62 5.53 5.32 4.6 Return on equity (ROE) 12% 1% 1% 4% 6% 2%

  9. Slide 9: Forte - Investments in Fixed Assets in Q1 2019

    FORTE - INVESTMENTS IN FIXED ASSETS IN Q1 2019 ; PLN 3.7 MLN PLN 2.9 MLN FORTE INVESTMENTS TANNE INVESTMENT PROJECT IN THE SUWALKI SPECIAL ECONOMIC ZONE

  10. Slide 10: Thank You for Your Attention

    THANK YOU FOR YOUR ATTENTION

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