Burberry Group Plc · LSE:BRBY
Burberry — Q1 2020 Earnings Presentation
7 slides from Burberry's earnings presentation, 2020
Slide 1: Q1 2020 Trading Update: Promising Early Signs from New Product
Q1 2020 TRADING UPDATE PROMISING EARLY SIGNS FROM NEW PRODUCT NOT TO SCALE Sales of Riccardo Tisci designed collections, £m Sales growth of the new collection vs last year, % Up strong dd SUMMER 19 RUNWAY SUMMER 19 MAINLINE AUTUMN 19 PRE COLLECTION Q1 19 Q1 20 1
Slide 2: Comparable Retail Store Sales +4%; Group Retail Sales +2% at CER
COMPARABLE RETAIL STORE SALES +4% EMEIA EMEIA ASIA PACIFIC ASIA PACIFIC Americas +LSD +LSD +HSD AMERICAS +LSD FLAT +LSD • UK + HSD % • Cont Europe + MSD % • M East –MT% • Mainland China + MT % • US + LSD % GROUP +4% MT- mid teens 2 GROUP RETAIL SALES +2% AT CER +4% +2% -2% +2% +0.3% +4% £479m £498m
Slide 3: Building Brand Heat; Delivering Riccardo's Product
BUILDING BRAND HEAT FREQUENT ENGAGEMENT B SERIES LAUNCHED MONOGRAM BUILDING SOCIAL MEDIA MOMENTUM ORGANIC INFLUENCER ENDORSEMENT IMPROVED EDITORIAL ROI 4 DELIVERING RICCARDO’S PRODUCT AVAILABLE PRODUCT % of total INDICATIVE 100% Riccardo product FEB-APR ‘19 MAY-AUG ‘19 SEP-DEC ‘19 JAN-MAR ‘20 Note:
Slide 4: Outlook for FY 2020; Good Quarter in Our Multi Year Journey
OUTLOOK FOR FY 2020 COST SAVINGS On track for £120m cumulative cost savings GUIDANCE MAINTAINED CAPITAL SPEND Broadly stable revenue and c£200m operating margin at CER CURRENCY c£15m benefit to adj operating profit 6 GOOD QUARTER IN OUR MULTI YEAR JOURNEY PRODUCT DISTRIBUTION COMMUNICATION • Riccard
Slide 5: Appendix: Disclaimer
APPENDIX DISCLAIMER The financial information contained in this presentation is unaudited. Certain statements made in this announcement 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 res
Slide 6: Alternative Performance Measures; Foreign Exchange Rates
ALTERNATIVE PERFORMANCE MEASURES All metrics and commentary in this presentation are at reported FX and exclude adjusting items unless stated otherwise. Constant exchange rates (CER) removes the effect of changes in exchange rates compared to the prior period. This takes into account both the impact
Slide 7: IR Contacts
IR CONTACTS Annabel Gleeson REPORTING CALENDAR Head of Investor Relations AGM 17 July 2019 annabel.gleeson@burberry.com Interim results 14 November 2019 Stephanie Crinnegan Senior Investor Relations Manager Horseferry House stephanie.crinnegan@burberry.com Horseferry Road London Sophie Parker SW1P 2