Nelly Group Ab · OMXSTO:NELLY
Nelly Group Ab — Q2 2022 Earnings Presentation
11 slides from Nelly Group Ab's earnings presentation, Jul 15, 2022
Slide 1: Nelly Group AB Investor Presentation Q2 2022
Nelly Group AB INVESTOR PRESENTATION Q2 2022 15 July 2022
Slide 2: Agenda
Nelly Group Q2 2022 Presentation AGENDA This is Nelly Quarterly update Profitability in focus Financial update John Afzelius, CFA CFO Nelly on sustainability Q&A ir@nelly.com www.nellygroup.com
Slide 3: An integral part of the young woman's everyday life
An integral part of the young woman’s everyday life Founded in 2004 in Borås Pioneered online fashion for young women in the Nordics Online only A community of Nordic consumers 2.1M 1.1M MEMBERS ON Making 1.1 million customers NELLY.COM ACTIVE CUSTOMERS look & feel fab 1.3M ~20% FOLLOWERS ON OF TARG
Slide 4: Our core target group is represented by "Denise"
Hair Beauty Our core target group is Jewelry represented by “Denise” Fashion She shops 18 times a year for her appearance Fashion Bag Fashion Intimate Nails Phone case
Slide 5: Q2 2022 Summary
Q2 2022 Summary Weak e- Lower Management 14.5% Net commerce Gross margin warehousing changes - revenue market, but increase costs, record 10.5 million decline maintained efficiency charge in Q2 relevance
Slide 6: Profitability in focus
Profitability in focus • Increase own brand share to drive margin and build competitive advantage ASSORTMENT • Selectively invest in external brands with demand and profitability • Decrease assortment width to drive efficiency and profitability while simplifying customer journey • Continued performa
Slide 7: Q2 2022 – Income statement
Q2 2022 – Income statement -14% revenue growth Gross margin increases 1.6% (SEK million) Q2 21 Q2 22 Net revenue 397 339 Gross profit 182 161 -21 SEK 14m lower fulfilment and distribution cost, new automated warehouse drives Gross margin 46.0% 47.6% lower fulfilment costs Fulfilment and distribution
Slide 8: Q2 2022 – Operational & Financials
Q2 2022 – Operational & Financials Fewer orders • 613k Orders, -14% YoY AOV growth • SEK 831 Average Order Value, +9% YoY • Fulfilment & distribution cost as a share of net revenue at Record low fulfilment 15.9% (17.1%) cost • Record low fulfilment cost per item handled Positive cash flow • SEK 33m
Slide 9: Shaping a sound and sustainable Nelly, with her
Shaping a sound and sustainable Nelly, with her Empower Respect Fair & femininity the planet Equal Fortify self-esteem among Go circular Be responsible young women We want to reduce our climate We want to create a safe We want to create a community impact and manage our and sound environment where t
Slide 10: Our overall sustainability goals
Our overall sustainability goals 2022 2023 2025 2030 Nelly’s own brand Nelly will achieve 50% of textile Emissions of products will only be net zero in its own products will be greenhouse gases in made by externally operations made of more the value chain will inspected factories sustainable have de
Slide 11: Thanks!
Thanks!