New Wave Group Ab Class B · OMXSTO:NEWA_B
New Wave Group Ab Class B — Q1 2018 Earnings Presentation
25 slides from New Wave Group Ab Class B's earnings presentation, 2018
Slide 1: Interim Report January - March 2018
2018 INTERIM REPORT January - March
Slide 2: This is New Wave Group
THIS IS NEW WAVE GROUP New Wave Group is a growth company. We design, acquire and develop brands and products in the corporate promotion, sports, gifts and home furnishings sectors. Our three operating segments are: Corporate Promo, with promowear, promotional gifts and workwear, Sports & Leisure an
Slide 3: Operating Segments and Markets
TRADEMARKS IN FOCUS TRADEMARKS IN FOCUS OPERATING SEGMENTS AND MARKETS TRADEMARKS IN FOCUS CORPORATE PROMO CORPORATE PROMO CORPORATE PROMO CORPORATE PROMO Our brands are categorised according to which of our three operating segments it belongs to: Corporate Promo, Sports & Leisure or Gifts & Home Fu
Slide 4: Corporate Promo - Vision
CORPORATE PROMO - VISION The vision for the Corporate Promo operating segment is to become the leading supplier in Europe and one of the leading suppliers in the USA of promotional products by offering retailers a broad product range, strong brands, advanced expertise and service, and a superior all
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 worldleading glass and crystal suppliers. Part of the vision also involves utilising innovative and playful design to make Sagaform a prominent player in Northern E
Slide 7: Financial Information
FINANCIAL INFORMATION
Slide 8: January - March
JANUARY - MARCH NET SALES 1 272.8 MILLION (1 264,2) Sales increased with 1 % (3 % in local currencies) Corporate Promo 5 %, Sports & Leisure -4 %, Gifts & Home Furnishings 0 % Growth primarily in Central- och South Europe, Canada and Asia Promo sales channel 7 %, retail -7 % NET SALES PE
Slide 9: Net Sales per Geographical Area
JANUARY - MARCH NET SALES PER GEOGRAPHICAL AREA 3 months 3 months SEK million Jan - Mar Part of Jan - Mar Part of Change Change 2018 net sales 2017 net sales SEK million % Sweden 296.1 23% 304.2 24% -8.1 -3% USA 313.4 25% 326.2 26% -12.9 -4% Nordic countries excl. Sweden 163.5 13% 163.1 13% 0.4 0% C
Slide 10: Net Sales
NET SALES 1 800 1 600 1 400 1 200 1 000 800 600 400 200 0 Q1 Q2 Q3 Q4 2013 2014 2015 2016 2017 2018 2018
Slide 11: January - March
JANUARY - MARCH Gross profit margin amounted to 46.8 (45.2) % External costs and personnel costs amounted to a total of SEK –563.6 million (-516.7) –– More market activities –– More employees, mainly within sales Operating result amounted to SEK 18,6 million (43.2) Result for the period
Slide 12: Income Statement
JANUARY - MARCH INCOME STATEMENT 3 months 3 months Jan - Mar Jan - Mar SEK million 2018 2017 Net income 1 272.8 1 264.2 Goods for resale -677.5 -692.8 Gross profit 595.4 571.4 Other operating income 15.9 10.9 External costs -317.2 -288.6 Personnel costs -246.4 -228.1 Depreciation and write-downs of
Slide 13: EBITDA per Operating Segment
JANUARY - MARCH EBITDA PER OPERATING SEGMENT Sports & Leisure amounted to SEK 13.3 million (29.2) Corporate Promo amounted to SEK 42.8 million (37.4) –– Lower turnover –– Higher turnover –– Improved gross profit margin –– Improved gross margin –– Higher marketing costs –– Higher marketing and sales
Slide 14: Result for the Period
RESULT FOR THE PERIOD 160 140 120 100 80 60 40 20 0 Q1 Q2 Q3 Q4 -20 2013 2014 2015 2016 2017 2018
Slide 15: Cash Flow
JANUARY - MARCH CASH FLOW SEK million Jan - Mar Jan - Mar 2018 2017 Cash flow from operating activities before changes in working capital 1.2 37.8 Change in working capital 5.4 -4.2 Cash flow from operating activities 6.6 33.6 Investing activities -39.8 -19.9 Cash flow after investing activities -33
Slide 16: Financial Highlights
FINANCIAL HIGHLIGHTS Jan - Mar Jan - Mar Jan - Dec Jan - Dec 2018 2017 2017 2016 Sales growth, % 0.7 11.8 6.9 5.5 Number of employees 2 527 2 419 2 495 2 396 Gross profit margin, % 46.8 45.2 46.1 46.0 Operating margin before depreciation, % 2.8 4.6 9.5 8.7 Operating margin, % 1.5 3.4 8.4 7.6 Return
Slide 17: CEO Summary
CEO SUMMARY January - March –– Net sales growth for 15 consecutive quarters –– Negative calendar effect –– Strong development within the sales channel promo and decrease in retail –– Sales and marketing efforts are impacting on the cost side –– Equity ratio 51.3 % and a decreased net debt to equi
Slide 18: CEO Summary
CEO SUMMARY Our new launches –– Craft Teamwear is going strong –– Craft running shoes almost immediately sold out Future –– Positive for 2018 and the upcoming years –– Expected continued growth
Slide 19: Some of Our Ventures Right Now: Craft Teamwear
SOME OF OUR VENTURES RIGHT NOW CRAFT TEAMWEAR Currently approximately 750 sport associations
Slide 20: Some of Our Ventures Right Now: Craft Shoes
SOME OF OUR VENTURES RIGHT NOW CRAFT SHOES
Slide 21: Some of Our Ventures Right Now: Workwear
SOME OF OUR VENTURES RIGHT NOW WORKWEAR
Slide 22: Ongoing Market Activities
SOME OF OUR VENTURES RIGHT NOW ONGOING MARKET ACTIVITIES Welcome to New York Welcome to Boston
Slide 23: Some of Our Ventures Right Now: Copenhagen + Other
SOME OF OUR VENTURES RIGHT NOW COPENHAGEN + OTHER
Slide 24: 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!
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