New Wave Group Ab Class B · OMXSTO:NEWA_B
New Wave Group Ab Class B — FY2018 Earnings Presentation
33 slides from New Wave Group Ab Class B's earnings presentation, 2019
Slide 1: - =
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Slide 2: Year-End Report October - December 2018
2018 YEAR-END REPORT October - December
Slide 3: 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 4: Operating Segments and Markets
OPERATING SEGMENTS AND MARKETS Corporate* Our brands are categorised 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 diversificat
Slide 5: 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 superio
Slide 6: 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 7: 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 8: Activities in Focus...
ACTIVITIES IN FOCUS... SPORTS & LEISURE
Slide 9: Craft Teamwear
CRAFT TEAMWEAR We’re challenging the world’s biggest brands – And we are well equipped!
Slide 10: Today I am strong!
Today | am strong! Hammarby GR Oo UP
Slide 11: Clubs
Y Neo ve & @ FOTBOLL TEAM} uy) SWEDEN G 2 KAAGENT FINLAND SVENSK FRIIDROTT \] WALERENGA 7
Slide 12: Cutter & Buck
CUTTER & BUCK Great growth opportunities!
Slide 13: Financial Information
FINANCIAL INFORMATION
Slide 14: October - December: Sales
OCTOBER - DECEMBER SALES Sales SEK 1,943.1 (1,630.3) million – All time high Sales increased by 19 % (14 % in local currencies) Corporate* 18 %, Sports & Leisure 26 %, Gifts & Home Furnishings 5 % Growth in all regions Promo sales channel 18 %, retail 22 % * The segment Corporate Promo has been rena
Slide 15: Net Sales
NET SALES ™2014 ©2015 2016 2017 ©2018 GR OU P
Slide 16: Net Sales per Geographic Area (Oct-Dec)
OCTOBER - DECEMBER NET SALES PER GEOGRAPHIC AREA SEK million Oct - Dec Part of Oct - Dec Part of Change Change 2018 net sales 2017 net sales MSEK % Sweden 508.5 26% 475.7 2% 32.7 7% USA 482.0 25% 362.5 22% 119.5 33% Nordic countries excl. Sweden 226.7 12% 196.7 12% 30.0 15% Central Europe 297.3 15%
Slide 17: October - December: Income Statement
OCTOBER - DECEMBER Gross profit margin amounted to 46.4 (45.6) % SEK million Oct – Dec Oct – Dec External costs and personnel costs amounted to a total 2018 2017 of SEK -688.6 (-567.1) million – More sales and service oriented activities Net sales 1 943.4 1 630.3 Goods for resale -1 042.3 -886.8 – M
Slide 18: Result for the Period
RESULT FOR THE PERIOD 180 160 140 120 100 Q2 Q3 ™2014 ©2015 2016 M2017 ™2018 Q4 GR OU P
Slide 19: EBITDA per Operating Segment (Oct-Dec)
OCTOBER - DECEMBER EBITDA PER OPERATING SEGMENT Sports & Leisure amounted to SEK 84.4 (69.7) million Corporate* amounted to SEK 145.0 (110.6) million – Higher turnover – Higher turnover – Higher marketing costs – Increased marketing activities – Improvements in distribution centers Gifts & Home Furn
Slide 20: Cash Flow (Oct-Dec)
OCTOBER - DECEMBER CASH FLOW SEK million Oct - Dec Oct - Dec 2018 2017 Cash flow from operating activities before changes in working capital 184.1 154.9 Change in working capital -9.7 -20.4 Cash flow from operating activities 174.4 134.5 Investing activities -39.7 -37.7 Cash flow after investing act
Slide 21: CEO Comments
CEO COMMENTS ” The quarter Strong growth of 19 % (14 % in local currency). All time high sales. Promo sales channel 18 %, retail 22 %. 18th quarter in a row with growth. Our investments in marketing The fourth quarter is activities continued. so far the best one in Operating result increased and amo
Slide 22: January - December: Sales
JANUARY - DECEMBER SALES Sales amounted to SEK 6,290.6 (5,597,3) million Sales increased by 12 % (9 % in local currencies) Corporate*15 %, Sports & Leisure 11 %, Gifts & Home Furnishings 2 % Growth in all regions Promo sales channel 16 %, retail 8 % All time high sales All time high on all result li
Slide 23: Net Sales per Geographic Area (Jan-Dec)
JANUARY - DECEMBER NET SALES PER GEOGRAPHIC AREA SEK million Jan - Dec Part of Jan - Dec Part of Change Change 2018 net sales 2017 net sales MSEK % Sweden 1 529.9 24% 1 463.8 26% 66.1 5% USA 1 579.7 25% 1 423.7 25% 156.0 11% Nordic countries excluding Sweden 807.1 13% 727.7 13% 79.4 11% Central Euro
Slide 24: January - December: Income Statement
JANUARY - DECEMBER Gross profit margin amounted to 46.6 (46.1) % SEK million Jan – Dec Jan – Dec External costs and personnel costs amounted to a 2018 2017 total of SEK -2,399.4 (-2,069.2) million – More sales and service oriented activities Net sales 6 290.6 5 597.3 Goods for resale -3 359.4 -3 018
Slide 25: EBITDA per Operating Segment (Jan-Dec)
JANUARY - DECEMBER EBITDA PER OPERATING SEGMENT Sports & Leisure amounted to SEK 218.2 (230.3) million Corporate* amounted to SEK 353.1 (289.7) million – Higher turnover – Higher turnover – Improved gross profit margin – Increased marketing activities – Higher costs Gifts & Home Furnishings amounted
Slide 26: Cash Flow (Jan-Dec)
JANUARY - DECEMBER CASH FLOW SEK million Jan - Dec Jan - Dec 2018 2017 Cash flow from operating activities before changes in working capital 429.7 451.0 Change in working capital -207.1 -243.2 Cash flow from operating activities 222.6 207.8 Investing activities -163.2 -110.6 Cash flow after investin
Slide 27: Financial Highlights
FINANCIAL HIGHLIGHTS SEK million Jan – Dec Jan – Dec 2018 2017 Net sales growth, % 12.4 6.9 Number of employees 2 605 2 495 Gross profit margin, % 46.6 46.1 Operating margin before depreciation, % 8.9 9.5 Operating margin, % 7.7 8.4 Return on shareholders’ equity, % 11.2 12.2 Return on capital emplo
Slide 28: Financial Highlights - 5 Years
FINANCIAL HIGHLIGHTS – 5 years SEK million Jan - Dec Jan - Dec Jan - Dec Jan - Dec Jan - Dec 2018 2017 2016 2015 2014 Net sales, SEK million 6 290.6 5 597.3 5 237,0 4 964.7 4 273.6 Net sales growth, SEK million 693.3 360.3 272.3 691.1 226.2 Net sales growth, % 12.4 6.9 5.5 16.2 5.6 Operating result,
Slide 29: Return on Wave Group's Share
RETURN ON WAVE GROUP’s SHARE 100 90 80 CAGR 11,9 % (incl reinvestment of 70 dividends 60 50 40 30 20 10 0 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Share development since the introduction on Stockholm stock exchange Trend
Slide 30: CEO Comments: The Future
CEO COMMENTS ” The future USA – Strong growth We have never been better, bigger or stronger! The Corporate* segment has a strong growth - Torsten Jansson, CEO Our powerful investments are expected to give results January - December Club/Teamwear are evolving Sales increased by 12 % (9 % in local cur
Slide 31: 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 32: Thank You!
We’re passing the ball to Henrik Kindlund, CEO of Hammarby Foboll. Why did Hammarby choose New Wave Group and Craft? THANK YOU!
Slide 33: New Wave Group
NewNiawe G R fe) U P