Burberry Group plc · LSE:BRBY
Burberry — Q3 FY2018 Earnings Presentation
10 slides from Burberry's earnings presentation, January 2018
Slide 1: Q3 trading update, three months to 31 December 2017
Q3 trading update three months to 31 DECEMBER 2017
Slide 2: Our Strategy
OUR STRATEGY E s t a b l i s h o u r p o s i t i o n f i r m l y i n l u x u r y, i n s p i r i n g c u s t o m e r s w i t h o u r u n i q u e British attitude REVENUE DRIVERS TO REIGNITE THE BRAND STRATEGY ENABLERS OPERATIONAL INSPIRED PRODUCT COMMUNICATION DISTRIBUTION DIGITAL EXCELLENCE PEOPLE 1
Slide 3: Q3 Review
Q3 REVIEW R E TA I L S A L E S £ 7 1 9 M , + 1 % U N D E R LY I N G • Comparable store sales +2% • Mainland China annualising start of Chinese consumer rebound • UK annualising exceptional growth in prior year • AUR headwind O P E R AT I O N A L P R O G R E S S • Fashion outperformed • Preparing for
Slide 4: FY 2018 Outlook
FY 2018 OUTLOOK A D J U S T E D O P E R AT I N G P R O F I T • Guidance maintained at constant and reported exchange rates C O S T S AV I N G S • On track to deliver cumulative £60m E X C H A N G E R AT E * I M PA C T • £15m benefit to revenue • £20m adverse impact to adjusted operating profit, unch
Slide 5: Two phases to our transformation
T W O P H A S E S T O O U R T R A N S F O R M AT I O N — MAKING GOOD PROGRESS — F O C U S E D O N P O S I T I O N I N G F I R M LY I N L U X U R Y A N D D E L I V E R I N G L O N G - T E R M S H A R E H O L D E R VA L U E 5
Slide 6: Disclaimer
DISCLAIMER The financial information contained in this presentation is unaudited. Certain statements made in this presentation are forward-looking statements. Such statements are based on current expectations and are subject to a number of risks and uncertainties that could cause actual results to d
Slide 7: Alternative Performance Measures
A LT E R N AT I V E P E R F O R M A N C E M E A S U R E S All metrics and commentary in this presentation are at reported FX and exclude adjusting items unless stated otherwise. Underlying performance is presented in this document as, in the opinion of the Directors, it provides additional understan
Slide 8: Foreign Exchange Rates
F O R E I G N E X C H A N G E R AT E S * Forecast effective rates for ----------- FY 2018 ----------- Average 31 December 31 October FY 2017 £1= 2017 2017 Euro 1.13 1.14 1.19 US Dollar 1.31 1.31 1.30 Chinese Yuan 8.77 8.77 8.73 Renminbi Hong Kong Dollar 10.26 10.23 10.11 Korean Won 1,460 1,477 1,487
Slide 9: IR Contacts
I R C O N TA C T S Horseferry House Charlotte Cowley Horseferry Road VP, Investor Relations London charlotte.cowley@burberry.com SW1P 2AW Annabel Gleeson Tel: +44 (0)20 3367 3524 Senior Investor Relations Manager investor.relations@burberry.com annabel.gleeson@burberry.com www.burberryplc.com Bryony
Slide 10: Burberry
BURBERRY