New Wave Group Ab Class B · OMXSTO:NEWA_B
New Wave Group Ab Class B — Q1 2016 Earnings Presentation
18 slides from New Wave Group Ab Class B's earnings presentation, March 2016
Slide 1: Interim report January - March 2016
Craft Interim report January - March 2016 J.Harvest & Frost
Slide 2: This is New Wave Group
This is New Wave Group New Wave Group is a growth company. We design, acquire and develop brands and products in the corporate promotion, sports, gifts and home furnishings sectors. Our three operating segments are: Corporate Promo; promowear, promotional gifts and workwear, Sports & Leisure and
Slide 3: Operating segments and markets
Corporate Promo Operating segments and markets New Wave Group distributes 49 different brands, 3 of which are licensed brands. The rest are fully owned. Sport & Leisure Each brand is categorised according to which of our three operating segments it belongs to; Corporate Promo, Sports & Leisure or Gi
Slide 4: Corporate Promo vision
J. Harvest & Frost Corporate Promo vision The vision for the Corporate Promo operating segment is to become the leading supplier in Europe and one of the leading suppliers in the USA of promotional products by offering retailers a broad product range, strong brands, advanced expertise and service, a
Slide 5: Sports & Leisure vision
Seger Sports & Leisure vision The vision for the Sports & Leisure operating segment involves establishing the wholly owned brands Craft and Seger as international functional sportswear brands, and making Cutter & Buck a world-leading golf apparel brand. The vision also entails to strengthening Speed
Slide 6: Gifts & Home Furnishings vision
Orrefors Orrefors Gifts & Home Furnishings vision The vision for the Gifts & Home Furnishings operating segment area is to make Orrefors and Kosta Boda world- leading glass and crystal suppliers. Part of the vision also involves utilising innovative and playful design to make Sagaform a prominent pl
Slide 7: Financial information
Clique Retail Craft Craft Cutter & Buck Financial information J.Harvest & Frost
Slide 8: January - March 2016
Clique Cottover January - March 2016 Sales SEK 1 131 (1 096) million Sales increased 3% (4% in local currencies) Corporate Promo 8%, Sports & Leisure -1%, Gifts & Home +-0% Improvements primarily in Europe and Sweden (promo) Promo sales channel 6%, retail +-0% Sales per Operating segment
Slide 9: Sales per area
January – March 2016 Sales per area JAN-MAR Part of JAN-MAR Part of Change % 2016 turnover 2015 turnover MSEK Sweden 236.7 21% 235.8 22% 0.9 0 USA 289.4 26% 287.1 26% 2.3 1 Nordic countries excl Sweden 163.0 14% 163.2 15% -0.2 0 Central Europe 250.2 22% 222.3 20% 27.9 13 Southern Europe 112.8 10% 10
Slide 10: Sales
Sales 1500 1200 900 | 600 | 300 0 | l Ql Q2 Q3 Q4 2011 2012 92013 F204 F205 El 2016
Slide 11: January – March 2016
January – March 2016 J.Clique Harvest & Frost Ahead Gross profit margin amounted to 45.5 (45.7)% Slight improvement in Gifts & Home Furnishings and slightly lower in Corporate promo (product mix) Total costs amounted to SEK -497.2 (-475.4) million additional sales and marketing activities
Slide 12: Income statement
January – March 2016 Income statement Jan-Mar Jan-Mar SEK Million 2016 2015 Income 1 130.8 1 096.1 Goods for resale -616.3 -595.7 Gross profit 514.5 45.5% 500.4 45.7% Other operating income 9.4 9.3 External costs -279.8 -270.1 Personnel costs -217.4 -205.3 Depreciation/amortization -13.2 -14.9 Other
Slide 13: EBITDA per operating segment
Sagaform January - March 2016 EBITDA per operating segment Corporate Promo amounted to SEK 13.5 (9.1) million Higher turnover Somewhat lower gross margin % (mix of products) Higher costs due to increased activity within sales and marketing Sports & Leisure amounted to SEK 22.0 (24.6) milli
Slide 14: Result before tax
Result before tax Q)1 Q2 Q3 Q4 2011 2012 F203 F204 F205 J 2016
Slide 15: Cash flow
January - March 2016 Cash flow Jan-Mar Jan-Mar SEK Million 2016 2015 Cash flow from operating act. before changes in working capital -4.2 -9.2 Changes in working capital 68.1 -19.7 Cash flow from operations 63.9 -28.9 Investing activitites -16.5 -26.3 Cash flow after investing activities 47.4 -55.2
Slide 16: Financial highlights – summary 5 years
Financial highlights – summary 5 years Jan-Mar Jan-Mar Jan-Dec Jan-Dec Jan-Dec Jan-Dec Jan-Dec 2016 2015 2015 2014 2013 2012 2011 Sales growth, % 3.2 20.6 16.2 5.6 -5.4 1.0 -0.2 Number of employees 2 398 2 264 2 368 2 212 2 123 2 258 2 470 Gross profit margin, % 45.5 45.7 45.1 45.7 46.2 43.6 47.7 Op
Slide 17: CEO summary
CEO summary - 2015 Sales Growth “All Time High” for a Q1 Promo sales channel 6% (Sweden 7%), despite last year’s increase of 30% Retail sales channel on same level as prior year New products and earlier market investments gives a good position for the future Result Improved but we had
Slide 18: Cutter & Buck
Cutter & Buck We strive to make everyone who buys our products a happy customer. If you choose to invest in New Wave Group we want you to know that we promise to take care of your investment in the best possible way we can — through long- term thinking, growth, stability and hard work!