Aeffe S.p.a. · MIL:AEF
Aeffe — FY2015 Earnings Presentation
15 slides from Aeffe's earnings presentation, Mar 10, 2016
Slide 1: AEFFE 2015 Consolidated Results Presentation
AEFFE 2015 Consolidated Results Presentation 10th March 2016
Slide 2: FY 2015 Key Facts
FY 2015 Key Facts Consolidated Revenues +7% at € 268.8, (+5.1% at constant exchange rates); Consolidated EBITDA for € 19.3m (7.2% of sales), compared to an EBITDA of € 25.7m (10.2% of sales) in FY 2014 Net Profit for the Group at € 1.5m, compared to a Net Profit of € 2.7m in FY 2014 Consolidated Net
Slide 3: Net Sales Breakdown by Division
Net Sales Breakdown by Division(1) FY 2015 FY 2014 (€m) (€m) % on Total Sales % on Total Sales 207,2 220 220 +5.5% * vs FY 2014 Footwear & Leather Footwear 192.1 Goods 200 200 31% 32% & Leather Goods 180 48,6 180 68% 69% Prêt à 44,8 Prêt à 160 porter 160 porter 140 140 59,1 120 120 52,5 95,7 100 +11
Slide 4: Net Sales Breakdown by Brand
Net Sales Breakdown by Brand FY 2015 FY 2014 (€m) (€m) % on Total Sales % on Total Sales 186,6 200 200 +12.5% * Pollini 12% Pollini 180 Philisophy di 180 Philosophy di Lorenzo 163,4 Lorenzo Serafini 11% 13% 4% Serafini 6% 45,8 160 160 Others 7% Others 8% 69% 65% 9% 41,8 Alberta 140 140 8% Alberta Fe
Slide 5: Net Sales Breakdown by Region
Net Sales Breakdown by Region FY 2015 FY 2014 (€m) 119,8 (€m) % on Total Sales % on Total Sales +5.4% * 120,0 120 113.6 Russia USA Russia USA Japan Japan 3% 8% 3% 7% 6% 3% 27,2 21% 20% 22% 17% Europe RoW Europe RoW 100,0 100 26,0 45% 45% Italy Italy 80,0 80 35,5 34,7 56,8 54,0 55,9 60,0 +0.5% * 60 +
Slide 6: Net Sales Breakdown by Channel
Net Sales Breakdown by Channel FY 2015 FY 2014 (€m) (€m) % on Total Sales % on Total Sales 185,8 200 +7.0% * 200 Retail 28% Retail 170,8 28% 180 180 3% Royalties 4% Royalties 160 45,1 160 69% 68% 41,5 140 Wholesale 140 Wholesale 120 120 55,1 50,0 100 100 74,3 +4.2% * 80 69,8 80 38,2 16,1 34,2 60 60
Slide 7: Mono-brand Stores Network
Mono-brand Stores Network DOS Franchising 7
Slide 8: Income Statement – FY 2015/2014
Income Statement – FY 2015/2014 (€m) 8
Slide 9: Balance Sheet
Balance Sheet (em) Net Working Capital Net Tangible Assets Net Intangible Assets Net Financial Assets Severance Staff, Provisions & Others Net Capital Employed Group Shareholders' Equity Minorities Shareholders' Equity & Minorities Net Debt Shares Buyback Net Financial Debt and Shareholders’ Equity
Slide 10: Summary Cash Flow
Summary Cash Flow (em) PBT Operating Cash Flow Capital Expenditure Free Cash Flow Cash Flows from Financing Activities Cash and cash equivalents at the beginning of the year Cash Flow of the Period Cash and cash equivalents at the end of the year 1 ! ! FYI5 FY 14 ! ! 29 ' 61 i 128! 16,9 ! 7) 4 (6.4)
Slide 11: AEFFE Appendices
AEFFE Appendices
Slide 12: Company Profile
Company Profile (1) Organisational Structure Ownership Structure IM Fashion Aeffe Fashion Group Chairman: Massimo Ferretti 24% CEO: Simone Badioli Chief Executive Officer Tullio Simone Badioli Managing Badioli Director/CFO Marcello Tassinari 5% Investor Relation Manager Communication and Marketing A
Slide 13: Cash Flow Statement
Cash Flow Statement (em yrs . FY 15 FY 14 PBT 29 61 Depreciation & Amortisation 13,5 13,7 Provisions & Impairments (1,9) i 0,5 Taxes (3,6) (3,6) Net Interest 3,0 59 Change in other liabilities / (assets) (1,1) (5,7) Operating Cash Flow 12,8 17,0 Capital expenditure for intangible assets | (2,0) (2,1
Slide 14: Income Statement – Full Year 2013-2015
Income Statement – Full Year 2013-2015 (€m) 14
Slide 15: Disclaimer
Disclaimer This presentation is being furnished to you solely for your information on a confidential basis and may not be reproduced or redistributed to any other person. This presentation does not constitute or form part of any offer to sell or invitation to purchase or subscribe for, or otherwise