Nelly Group Ab · OMXSTO:NELLY

Nelly Group Ab — Q2 2024 Earnings Presentation

11 slides from Nelly Group Ab's earnings presentation, Jul 12, 2024

  1. Slide 1: Nelly Group Investor Presentation Q2 2024

    Nelly Group INVESTOR PRESENTATION Q2 2024 12 July 2024

  2. Slide 2: Nelly Group Q2 2024 Presentation

    Nelly Group Q2 2024 Presentation Helena Karlinder-Östlundh Niklas Lingblom CEO CFO ir@nelly.com www.nellygroup.com

  3. Slide 3: Agenda

    Agenda • This is NELLY • CEO’s comments on the quarter • Financial summary • Q&A

  4. Slide 4: CEO's comments Q2 2024

    CEO’s comments Q2 2024 • Net revenue growth • Improved profitability • Strong spring / summer season • Strategic collaborations • Investment in marketing • New core systems live

  5. Slide 5: Growth in the second quarter

    Growth in the second quarter Net revenue (SEK million) 450 400 387 350 +8.8% 339 300 314 302 288 289 284 250 -5.1% 234 236 200 222 150 100 50 0 Q1 Q2 Q3 Q4 2022 2023 2024

  6. Slide 6: Solid profitability and cost control

    Solid profitability and cost control Operating profit/loss (SEK million) and Operating margin (%) 40 20% 30 30 15% 24 20 10% 13 10 8 5% 1 0 0% -2 -10 -5% -12 -20 -19 -10% -24 -30 -15% -34 -40 -20% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2022 2022 2022 2022 2023 2023 2023 2023 2024 2024

  7. Slide 7: Q2 2024 – Income statement

    Q2 2024 – Income statement (SEK million) Q2 24 Q2 23 Net revenue 314.1 288.6 Gross profit 171.9 141.4 +30.5 Gross margin 54.7% 49.0% Warehousing and distribution costs -42.1 -48.9 -6.8 Marketing costs -40.9 -29.3 +11.6 Admin and other operating expenses -58.5 -55.4 +3.1 Operating profit or loss 30.5

  8. Slide 8: Q2 2024 – Additional financial KPIs: Return Rate

    Q2 2024 – Additional financial KPIs Return Rate (%) 45% Continued return rate improvement 41% 40% 38% • Impact of strategic initiatives 38% 36% 34% 35% 33% 35% 33% 31% • Driving lower operational costs 32% 30% • Contributing to topline growth 25% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2022 2022 2022 2022 202

  9. Slide 9: Q2 2024 – Additional financial KPIs: Cash flow

    Q2 2024 – Additional financial KPIs Cash flow from operations (SEK million) Solid cash position to end Q2 150 106 92 100 77 50 Strong cash flow from operations 43 • 50 0 -5 -14 • Investments in IT infrastructure -50 -54 -63 -100 • Improved equity ratio -150 -137 Q1 Q2 Q3 Q4 2022 2023 2024

  10. Slide 10: Q&A

    Q&A

  11. Slide 11: Thanks!

    Thanks!

Nelly Group — Q2 2024 Earnings Presentation on 6ix