New Wave Group Ab Class B · OMXSTO:NEWA_B
New Wave Group Ab Class B — FY2021 Earnings Presentation
29 slides from New Wave Group Ab Class B's earnings presentation, February 2022
Slide 1: Year-end report January – December
ae Gr. Ww Punk RO es Year-end report January — December
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
Corporate | i, the ae operating segment is 2 supplier of promotional products to cor, and one of the leading suppliers in the offering companies a broad / product ran, danced expertise and service, and a sup inclusive concept.
Slide 5: The segments: Sports & Leisure
| af tes establi world- Lites sportswear brand, and ! Teadineigol app nd we will also use Paris Glove’s. e” ~ launch the Group’s othe Oe we want tobe one of the le liers, both in y Sweden and in other duller countr and in red States. All inall, our leat all give us a pos jon among. ! Per sin the wor
Slide 6: The segments
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Slide 7: The segments
NWG // T H E S E G M E N T S • We are pleased to see the growth is taking place in all markets and in all product segments. • It is noteworthy that the more mature markets show very good growth, such as Sweden with 34% or Norway with as much as 71% and we are taking big steps forward in markets such
Slide 8: The segments
NWG // T H E S E G M E N T S 8
Slide 9: The quarter
NWG // T H E Q U A R T E R 9
Slide 10: The quarter
NWG // THE QUARTER The quarter Continued positice development. All segments and regions had higher net sales. All time high for both net sales and results Operating result improved by SEK 119.7 million compared to the previous year and amounted to SEK 403.8 (283.6) million. 10
Slide 11: October - December
NWG // F I N A N C I A L I N F O R M A T I O N October - December 11
Slide 12: Q4 sales amounted to SEK 2,306.7 million
NWG // F I N A N C I A L I N F O R M A T I O N 2021 2 500 • Sales amounted to SEK 2,306.7 (1,873.2) million 2 000 926.5 • Sales increased by 23% (22% in local 1 500 679.8 currencies) • Promo sales channel increased by 1 000 16%, retail increased by 36% 1,380.2 1,193.4 500 0 Q4 -2021 Q4 -2020 12
Slide 13: Q4 financial information by segment
NWG // F I N A N C I A L I N F O R M A T I O N 1 200 9.5 1 000 4.6 800 600 684.6 995.6 848.8 489.4 400 232.4 185.9 200 236.5 193.7 148.1 150.9 0 Q4 -2021 Q4 -2020 Q4 -2021 Q4 -2020 Q4 -2021 Q4 -2020 13
Slide 14: Q4 sales by region and segment
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 Total Furnishings SEK million Oct-Dec Oct-Dec Oct-Dec Oct-Dec Oct-Dec Oct-Dec Oct-Dec Oct-Dec Change 2021 2020 2021 2020 2021 2020 2021 2020 % USA 73.5 67.6 347.3 263.7 23.9 19.0 444.7 350.2 27% Sweden 154.5 134.7
Slide 15: Q4 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 Oct-Dec Oct-Dec 2021 2020 2021 Net sales 2,306.7 1,873.2 • Gross profit margin amounted to 47.8 (46.2)% Goods for resale -1,203.3 -1,007.7 ― Higher margin for all segments Gross profit 1,103.4 47,8% 865.6 46,2% • External costs and personnel
Slide 16: Q4 segment operating results
NWG // F I N A N C I A L I N F O R M A T I O N 2021 Corporate ― Higher sales in all regions except Other 200 countries which were at the same level as 186.6 162.9 py 180 ― Improved gross profit margin 160 139.9 140 Sports & Leisure 102.8 120 ― Increased sales in all regions ― Both sales channels inc
Slide 17: Q4 cash flow
NWG // F I N A N C I A L I N F O R M A T I O N SEK million Oct-Dec Oct-Dec 2021 2020 Cash flow from operating activities before changes in working capital 404.1 300.0 Change in working capital 9.2 257.5 Cash flow from operating activities 413.3 557.5 Investing activities -42.1 -7.2 Cash flow after i
Slide 18: Equity and net debt
NWG // F I N A N C I A L I N F O R M A T I O N 31 Dec 31 Dec 2021 2020 SEK million Equity 4,567.6 3,855.5 Equity ratio, % 59.6 53.4 Net debt, SEK million 1,068.8 1,817.6 Net debt to credit institutes, SEK million 375.1 1,075.9 Equity per share, SEK 68.83 57.96 18
Slide 19: January - December
NWG // F I N A N C I A L I N F O R M A T I O N January - December x 19
Slide 20: Full-year sales amounted to SEK 6,718.6 million
NWG // F I N A N C I A L I N F O R M A T I O N 2021 8 000 7 000 • Sales amounted to SEK 6,718.6 (6,098.8) million 6 000 2,761.3 • Sales increased with 10% (13% in local 5 000 2,209.2 currencies) 4 000 • Promo sales channel increased 2%, 3 000 retail increased 25% 2 000 3,957.3 3,889.6 1 000 0 Jan -
Slide 21: Full-year financial information by segment
NWG // F I N A N C I A L I N F O R M A T I O N 3 500 21.7 20.2 3 000 2 500 2 000 2,050.4 1 500 3,084.6 2,949.9 1,600.2 1 000 500 689.2 588.8 742.1 568.3 265.3 236.7 0 Jan - dec 2021 Jan - dec 2020 Jan - dec 2021 Jan - dec 2020 Jan - dec 2021 Jan - dec 2020 21
Slide 22: Full-year sales by region and segment
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 Total Furnishings SEK million Jan - Dec Jan - Dec Jan - Dec Jan - Dec Jan - Dec Jan - Dec Jan - Dec Jan - Dec Change 2021 2020 2021 2020 2021 2020 2021 2020 % USA 203.6 193.7 1,145.0 895.2 60.4 52.0 1,409.0 1,140.
Slide 23: Full-year 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 Jan – Dec Jan – Dec 2021 2020 2021 Net sales 6,718.6 6,098.8 • Gross profit margin amounted to 48.1 (43.2)% Goods for resale -3,489.3 -3,461.5 ― Large share of trading shipments last year Gross profit 3,229.3 48,1% 2,637.3 43,2% • External c
Slide 24: Full-year segment operating results
NWG // F I N A N C I A L I N F O R M A T I O N 2021 Corporate 500 440.8 466.0 ― Decreased sales in Southern Europe 450 and Other countries due to less trading business 400 Jan-Sep 2021 ― Higher gross profit margin 349.0 350 Jan-Sep 2021 300 Sports & Leisure Jan-Sep 2020 ― Increased sales in all regi
Slide 25: Full-year cash flow
NWG // F I N A N C I A L I N F O R M A T I O N SEK million Jan - Dec Jan – Dec 2021 2020 Cash flow from operating activities before changes in working capital 993.0 631.8 Change in working capital 214.4 574.8 Cash flow from operating activities 1,207.4 1,206.6 Investing activities -114.2 -57.5 Cash
Slide 26: CEO comments: October - December and January – December
NWG // C E O C O M M E N T S October - December • Net sales growth 23% compared to last year and 14% compared to 2019. • All time high on net sales and results • The operating margin amount to 17.5%. A fantastic result! • Given the negative effects of the pandemic, the outcome of the quarter is a ve
Slide 27: CEO comments: Brands and The Future
NWG // C E O C O M M E N T S Brands • Craft’s preorders for AW increased by 42% • Good growth also in Orrefors, Kosta Boda, Sagaform and Cutter & Buck, Projob and Jobmans The Future • We are entering 2022 stronger than ever and all segments have a positive development • We stand strong against our c
Slide 28: 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 29: NWG //
NWG // 29