New Wave Group Ab Class B · OMXSTO:NEWA_B
New Wave Group Ab Class B — Q2 2022 Earnings Presentation
31 slides from New Wave Group Ab Class B's earnings presentation, August 2022
Slide 1: Interim Report January – June
aveGr . W o “Dp aes Ve TnterimAteport January — June
Slide 2: New Wave Group is a growth group that designs, acquires and develops brands
NWG / / THE WORLD Sales acitivity in own subsidiary New Wave Group is a growth group that designs, acquires and develops brands. To ensure good risk diversification, the Group will market its products in Own purchasing offices the promo market and the retail market. 2
Slide 3: Segments and sales channels
NWG // S E G M E N T S A N D S A L E S C H A N N E L S Our brands are categorized according to which of our three operating segments it belongs to: Corporate, Sports & Leisure or Gifts & Home Furnishings. The brands are distributed in both the promo market and the retail market to achieve good risk
Slide 4: The Segments: Corporate
—C (ag of promotional 3 of the leadin; x suppli¢ companies a broad product r ertise and § and. a.supe
Slide 5: The Segments: Sports & Leisure
NWG // THE SEGMENTS Sports & Leisure s The vision for the Sports &Leisure operating segment involves establishing Craft as a world-leading sportswear brand, and making Cutter & Buck a worl Pedi ng golf apparel brand. The brand Auclair should take a leading position on gloves in Europe and we will al
Slide 6: The Segments
" » N 4 \ \ \ \ \ / Sy x x \ aN \ \ \ ce | eee oa \ ae \eah \ NEN ——\ Sa : NWG // THE SEGMENTS cise a The Women's Swedish National Volleyball Team wins against Portugal in the European Silver League and is classified, for the European Golden League. Craft began working with the Swedish all j 4 W
Slide 7: The Segments
NWG // T H E S E G M E N T S 7
Slide 8: The Segments: Gifts & Home Furnishings
NWG // THE SEGMENTS Gifts & Home Furnishings The vision for the Gifts & Home Furnishings operating segment isto make Orrefors and Kosta Boda world-leading glass and crystal suppliers. Part of the vision also involves utilising innovative and playful d to make Sagaform a prominent player in Northern
Slide 9: The quarter at a glance
NWG // THE QUARTER The quarter at a glance Ate
Slide 10: The quarter
NWG // THE QUARTER The quarter Continued strong development. All segments and regions as well as both sales channels had higher net sales All time high for both net sales and results Operating result improved by SEK 109.7 million compared to the previous year and amounted to SEK 351.0 (241.3) millio
Slide 11: April - June
NWG // F I N A N C I A L I N F O R M A T I O N April - June 11
Slide 12: Sales amounted to SEK 2,019.2 (1,486.8) million
NWG // F I N A N C I A L I N F O R M A T I O N 2022 2 500 • Sales amounted to SEK 2,019.2 (1,486.8) million 2 000 • Sales increased by 36% (30% in local currencies) 772.6 1 500 • Promo sales channel increased by 551.7 33%, retail increased by 40% 1 000 1,246.6 500 935.1 0 Q2 -2022 Q2 -2021 12
Slide 13: Q2 sales and result by segment
NWG // F I N A N C I A L I N F O R M A T I O N 1 000 3.8 900 800 5.1 700 600 600.6 500 915.3 400 703.7 399.7 300 200 280.9 168.2 146.9 100 175.7 0 50.4 55.7 Q2 -2022 Q2 -2021 Q2 -2022 Q2 -2021 Q2 -2022 Q2 -2021 13
Slide 14: Net sales by region and segment, Apr–Jun
NWG // F I N A N C I A L I N F O R M A T I O N Corporate Sports & Leisure Gifts & Home Furnishings Total SEK million Apr - Jun Apr - Jun Apr - Jun Apr - Jun Apr - Jun Apr - Jun Apr - Jun Apr - Jun Change 2022 2021 2022 2021 2022 2021 2022 2021 % USA 63.3 38.2 448.5 276.2 15.0 11.1 526.8 325.5 62% Sw
Slide 15: Income statement Apr–Jun
NWG // F I N A N C I A L I N F O R M A T I O N SEK million Apr - Jun Apr - Jun 2022 2021 2022 Net sales 2 019.2 1 486.8 • Gross profit margin amounted to 51.0 (48.3)% Goods for resale -989.8 -769.2 ― Corporate and Gifts & Home increased while Gross profit 1 029.4 51.0% 717.6 48.3% Sports & Leisure w
Slide 16: Operating result by segment, Q2
NWG // F I N A N C I A L I N F O R M A T I O N 2022 Corporate ― Higher sales in all regions except Other 250,0 countries due to lower trading activities in Asia 204.4 200,0 Sports & Leisure Q2 – 2022 ― Increased sales in all regions 134.5 117.5 ― Prior year incl income of SEK 35 million related 150,
Slide 17: Cash flow Apr–Jun
NWG // F I N A N C I A L I N F O R M A T I O N SEK million Apr - Jun Apr - Jun 2022 2021 Cash flow from operating activities before changes in working capital 346.0 219.0 Change in working capital -277.9 -33.7 Cash flow from operating activities 68.1 185.3 Investing activities -55.2 -24.0 Cash flow
Slide 18: Equity, net debt and equity per share
NWG // F I N A N C I A L I N F O R M A T I O N 30 Jun 30 Jun 2022 2021 SEK million Equity 5 027.9 4 195.8 Equity ratio, % 59.0 58.9 Net debt, SEK million 1 356.1 1 307.3 Net debt to credit institutes, SEK million 695.2 593.5 Equity per share, SEK 75.77 63.11 18
Slide 19: Rolling 12 months income statement
NWG // F I N A N C I A L I N F O R M A T I O N SEK million Rolling 12 months 2022 Net sales 7 764.3 Goods for resale -3 985.1 • Continuing rising operating margin now Gross profit 3 779.2 48.7% amounts to 15.8 % Other operating income 87.0 External costs -1 265.9 Personnel costs -1 100.4 Depreciatio
Slide 20: January - June
NWG // F I N A N C I A L I N F O R M A T I O N January - June 20
Slide 21: Sales amounted to SEK 3,794.1 (2,748.4) million
NWG // F I N A N C I A L I N F O R M A T I O N 2022 4 000 • Sales amounted to SEK 3,794.1 3 500 (2,748.4) million 3 000 1 464.6 • Sales increased by 38% (32% in local 2 500 currencies) 1 086.6 2 000 • Promo sales channel increased by 40%, retail increased by 35% 1 500 2 329.5 1 000 1 661.8 500 0 Jan
Slide 22: Half-year sales and result by segment
NWG // F I N A N C I A L I N F O R M A T I O N 2 000 7.0 1 800 1 600 8.6 1 400 1 200 1 000 1 146.9 1 763.4 800 802.4 600 1 272.5 400 200 481.3 310.7 275.6 306.2 0 84.8 83.1 Jan - jun 2022 Jan - jun 2021 Jan - jun 2022 Jan - jun 2021 Jan - jun 2022 Jan - jun 2021 22
Slide 23: Net sales by region and segment, Jan–Jun
NWG // F I N A N C I A L I N F O R M A T I O N Corporate Sports & Leisure Gifts & Home Furnishings Total SEK million Jan - Jun Jan - Jun Jan - Jun Jan - Jun Jan - Jun Jan - Jun Jan - Jun Jan - Jun Change 2022 2021 2022 2021 2022 2021 2022 2021 % USA 132.0 84.1 783.0 476.3 29.0 22.2 943.9 582.6 62% S
Slide 24: Income statement Jan–Jun
NWG // F I N A N C I A L I N F O R M A T I O N SEK million Jan – Jun Jan – Jun 2022 2021 2022 Net sales 3 794.1 2 748.4 • Gross profit margin amounted to 49.4 (48.1)% Goods for resale -1 921.4 -1 425.6 ― Primarily in Corporate and Gifts & Home Gross profit 1 872.7 49.4% 1 322.8 48.1% Furnishings Oth
Slide 25: Operating result by segment, Jan–Jun
NWG // F I N A N C I A L I N F O R M A T I O N 2022 Corporate ― Higher sales in all regions 350 330.2 ― Improved Gross profit margin 300 Q2 – 2022 Sports & Leisure 229.7 ― Increased sales in all regions 250 ― Prior year incl income of SEK 35 million related 163.3 200 168.8 to forgiveness of loans (P
Slide 26: Cash flow Jan–Jun
NWG // F I N A N C I A L I N F O R M A T I O N SEK million Jan - Jun Jan - Jun 2022 2021 Cash flow from operating activities before changes in working capital 549.6 306.1 Change in working capital -476.3 246.3 Cash flow from operating activities 73.3 552.5 Investing activities -80.5 -39.1 Cash flow
Slide 27: CEO comments: April - June, January - June
NWG // C E O C O M M E N T S April - June • Net sales have increased eight quarters in a row. The quarter increased 36% (30% in local currencies) • All regions increased (except Other countries since our trading activities were lower than py) and both sales channels had good growth • The USA is once
Slide 28: The future
NWG // C E O C O M M E N T S The future • Further stock build-up is needed to meet the increased demand • Strong balance sheet • We continue to take market shares • Clique and Cutter & Buck develops very well and continues to grow. • 42% growth in Craft’s base orders for the fall Torsten Jansson CEO
Slide 29: Information
NWG // I N F O R M A T I O N 29
Slide 30: We strive to make everyone who buys our products a happy customer
NWG // We strive to make everyone who buys our products a happy customer. [f you choose to incest in New Wave Group we want you to know that we pronase to take care of your investment in the best possible way we can through long term thinking, growth, stability and hard work!
Slide 31: NWG //
NWG // 31