Smcp Sa · EURONEXT:SMCP
Smcp Sa — Q3 2025 Earnings Presentation
21 slides from Smcp Sa's earnings presentation, Oct 23, 2025
Slide 1: 2025 Q3 Sales
2025 Q3 Sales October 23rd, 2025 Isabelle Guichot, CEO Patricia Huyghues Despointes, CFO
Slide 2: Disclaimer
Disclaimer Certain information contained in this presentation includes projections and forecasts. These projections and forecasts are based on SMCP management's current views and assumptions. Such forward-looking statements are not guarantees of future performance of the Group. Actual results or per
Slide 3: Isabelle Guichot, CEO
Isabelle Guichot, CEO 3
Slide 4: A consistent and sound performance quarter after quarter
A consistent and sound performance quarter after quarter 9M Sales 9M Network 9M Discount rate Key highlights €896m 1,651 POS -3 pp vs 2024 +2.8% organic -11 POS Progress in all 9M sales supported by a positive performance in +2.9% LFL in 2025 regions all regions except in Asia, impacted by network
Slide 5: Like-for-like growth and wholesale development more than offset network optimization
Like-for-like growth and wholesale development more than offset the planned effect of network optimization LFL in €m +2.9% +21 +17 -13 -7 878 Organic: +2.8% 902 896 9M 2024 Comparable Network Wholesale 9M 2025 excl FX FX 9M 2025 optimization * impact Contribution to growth +2.4% -1.5% +1.9% -0.8% Re
Slide 6: Strong growth in EMEA and America, Asia impacted by network optimization in China
Strong growth in EMEA and America, Asia mostly impacted by network optimization in China 2025 9M sales organic growth by region FRANCE EMEA AMERICA APAC +1% +7% +11% -9% Sales breakdown by region by brand by channel APAC Other France Wholesale 15% brands 34% Sandro 11% 12% 50% America 16% Maje Retai
Slide 7: Brand desirability – Claudie Pierlot and Fursac collections’ animation
Brand desirability – Claudie Pierlot and Fursac collections’ animation Claudie Pierlot Pop-up for the new Swing shoes Fursac KOL Galeries Lafayette Hausmann, Paris Pierre-Olivier Kattié Natalie Portman 7
Slide 8: Brand desirability – Sandro and Maje collections’ animation
Brand desirability – Sandro and Maje collections’ animation Sandro KOL Maje capsule to animate FW25 collection Ludovica Frasca Alvaro Morte 8
Slide 9: Q3 key retail projects - New Maje store concept
Q3 key retail projects - New Maje store concept King’s road, London, UK 9
Slide 10: Q3 key partner openings
Q3 key partner openings Tbilissi, Georgia Nakheel mall, Palm Jumeirah, Dubai 10
Slide 11: Patricia Huyghues Despointes, CFO
Patricia Huyghues Despointes, CFO 11
Slide 12: European performance driven by excellent trend in EMEA, and resilience in France
European performance driven by excellent trend in EMEA, and resilience in France • Resilient 9M performance with a positive like-for-like, in a context of continued strict full- 2025 sales by quarter 9M sales price strategy Organic +4.0% +0.6% -0.8% FRANCE • Softer consumer sentiment amid a complex
Slide 13: Continued strong momentum in America and strict discount policy in Asia
Continued strong momentum in America and strict discount policy in Asia • Strong 9M performance reflecting Sandro and Maje continued momentum 2025 sales by quarter 9M sales • US sales increase with a solid like-for-like performance driven by both price and Organic +2.0% +21.6% +10.5% AMERICA volumes
Slide 14: Conclusion
Conclusion Consistent quarterly performance during the year, both in organic and like-for-like growth Ongoing optimization of the discount rate policy, supporting profitability Sandro and Maje continue to reinforce their strong desirability and gain market shares Good momentum across Europe
Slide 15: Q&A session
Q&A session 2025 Q3 Sales October 23rd, 2025 Isabelle Guichot, CEO Patricia Huyghues Despointes, CFO
Slide 16: Financial Agenda
Financial Agenda 16
Slide 17: Next financial publication
Next financial publication 2025 FY Results February 26th, 2026 (after market close) 2026 Q1 Sales April 28th, 2026 (before market) 17 1717
Slide 18: Appendix
Appendix
Slide 19: Quarterly net sales by region and by brand
Quarterly net sales by region and by brand In €m H1-24 H1-25 Reported % Organic % Q3-24 Q3-25 Reported % Organic % 9M-24 9M-25 Reported % Organic % France 202,5 207,0 +2,3% +2,3% 97,8 97,0 -0,8% -0,8% 300,3 304,1 +1,3% +1,3% EMEA 191,8 204,0 +6,3% +5,9% 102,0 110,3 +8,1% +8,3% 293,8 314,2 +6,9% +6,7
Slide 20: Breakdown of POS
Breakdown of POS Directly operated stores Var Q3 25 Var Q3 25 Number of DOS Q3-24 2024 H1-25 Q3-25 vs H1 25 vs FY 24 By region France 468 473 457 450 -7 -23 EMEA 395 395 394 396 +2 +1 America 173 178 162 168 +6 -10 APAC 270 247 242 240 -2 -7 By brand Sandro 565 564 547 550 +3 -14 Maje 472 468 456 45
Slide 21: Shareholding structure and voting rights as of September 30th, 2025
Shareholding structure and voting rights as of September 30th, 2025 Capital (%) Voting rights (%) (Incl. double voting rights) Trustee1 Trustee 1 28.0% 24.2% Free Float 37.8% Free Float 40.4% European European TopSoho Treasury shares TopSoho Founders & 23.2% 0.6% 26.8% Managers 11.2% Founders & Mana