Moncler Spa · MIL:MONC
Moncler Spa — Moncler Spa Ord — Q1 2024 Earnings Presentation
19 slides from Moncler Spa's earnings presentation, Apr 24, 2024
Slide 1: Interim Management Statement Q1 2024
INTERIM MANAGEMENT STATEMENT Q1 2024
Slide 2: CEO quote from Remo Ruffini
Moncler Group Q1 2024 Interim Management Statement 2 “Our Group delivered excellent results in the first quarter of the year. I am particularly satisfied with the very strong double-digit growth achieved in the core DTC channel by both our brands. But I am even prouder of the distinctive brand exper
Slide 3: Moncler Group Q1 2024 Revenues Highlights
Moncler Group Q1 2024 Interim Management Statement 33 MONCLER GROUP | Q1 2024 Revenues Highlights 1 GROWTH AT CFX YOY GROUP MONCLER STONE ISLAND REVENUES REVENUES REVENUES Q1 2024 Q1 2024 Q1 2024 EUR 818.0m (+16%) EUR 705.0m (+20%) EUR 113.0m (-5%) (1) This applies to all pages of this presentation
Slide 4: Moncler Grenoble Experience
Q1 2024 Interim Management Statement 4 Moncler Grenoble Experience Moncler Grenoble goes The Moncler Grenoble Fall/Winter 2024 collection was unveiled in St. Moritz at the beginning of high, bringing style beyond February during a 36-hour brand activation experience. Moncler brought selected guests
Slide 5: Moncler Q1 Highlights
Q1 2024 Interim Management Statement 5 MONCLER | Q1 Highlights Moncler Grenoble In its second Spring/Summer season, Moncler Grenoble continues to offer lightweight solutions across key styles, continues its “all year providing customers with a best-in-class collection for mountain and outdoor lovers
Slide 6: Stone Island Q1 Highlights
Q1 2024 Interim Management Statement 6 STONE ISLAND | Q1 Highlights Stone Island unveils ‘The Stone Island unveiled its new manifesto, The Compass Inside, with a signature event in Milan on January 12, the Compass Inside’ manifesto first day of Men’s Fashion Week. The manifesto represents a declarat
Slide 7: Moncler Revenues by Geography
Q1 2024 Interim Management Statement 7 MONCLER | Revenues by Geography MONCLER REVENUES (EUR M; CFX GROWTH %) Q1 Q1 revenues were up 20% compared to Q1 AMERICAS 2023, driven by strong growth in the DTC EMEA channel across all regions. ASIA +20% ASIA (which includes APAC, Japan and Korea) grew by 26%
Slide 8: Moncler Revenues by Channel
Q1 2024 Interim Management Statement 8 MONCLER | Revenues by Channel MONCLER REVENUES (EUR M; CFX GROWTH %) Q1 WHOLESALE DTC Moncler DTC1 recorded revenues of EUR +20% 608.5m, up 26% compared to Q1 2023, accelerating sequentially in both the physical 705.0 and digital channels. (5%) 96.5 All three r
Slide 9: Stone Island Revenues by Geography
Q1 2024 Interim Management Statement 9 STONE ISLAND | Revenues by Geography STONE ISLAND REVENUES (EUR M; CFX GROWTH %) Q1 Q1 was down 5% with strong double-digit AMERICAS growth in the DTC channel partially offsetting EMEA the decline in the wholesale channel. ASIA (5%) ASIA grew 27% YoY, mainly dr
Slide 10: Stone Island Revenues by Channel
Q1 2024 Interim Management Statement 10 STONE ISLAND | Revenues by Channel STONE ISLAND REVENUES (EUR M; CFX GROWTH %) Q1 WHOLESALE DTC (5%) WHOLESALE revenues were EUR 63.6m, down 23% YoY, impacted – in the largest quarter in 121.6 the year for this channel – by challenging 113.0 market trends and
Slide 11: Group Mono-Brand Store Network
Moncler Group Q1 2024 Interim Management Statement 11 Group Mono-Brand Store Network 31.03.2024 31.12.2023 31.03.2023 Moncler Stone Island Moncler Stone Island Moncler Stone Island Asia 135 50 132 48 129 43 EMEA 95 26 95 26 89 21 Americas 45 7 45 7 40 7 RETAIL 275a1 83 272 1 81 258 1 71 WHOLESALE 56
Slide 12: Moncler Nanjing IFC
Q1 2024 Interim Management Statement 12 Moncler Nanjing IFC
Slide 13: Stone Island Hankyu Men's Tokyo
Q1 2024 Interim Management Statement 13 Stone Island Hankyu Men’s Tokyo
Slide 14: Appendix
14 Moncler Group Q1 2024 Interim Management Statement Appendix
Slide 15: 2021-2023 Half-Year Income Statement
Moncler Group Q1 2024 Interim Management Statement 15 2021-2023 Half-Year Income Statement 1 H1 2023 H2 2023 H1 2022 H2 2022 H1 2021 H2 2021 FY 2023 FY 2022 FY 2021 EUR m % EUR m % EUR m % EUR m % EUR m % EUR m % EUR m % EUR m % EUR m % REVENUES 1,136.6 100.0% 1,847.6 100.0% 918.4 100.0% 1,684.5 100
Slide 16: 2023 Revenues Quarterly Performance
Moncler Group Q1 2024 Interim Management Statement 16 2023 Revenues Quarterly Performance Group Q1 23 vs 22 Q2 23 vs 22 Q3 23 vs 22 Q4 23 vs 22 EUR m 2023 2022 cFX 2023 2022 cFX 2023 2022 cFX 2023 2022 cFX Moncler 604.8 473.4 +28% 330.2 250.9 +32% 561.2 528.2 +9% 1,076.9 949.3 +17% Stone Island 121.
Slide 17: 2023 Revenues YTD Performance
Moncler Group Q1 2024 Interim Management Statement 17 2023 Revenues YTD Performance Group Q1 23 vs 22 H1 23 vs 22 9M 23 vs 22 FY 23 vs 22 EUR m 2023 2022 cFX 2023 2022 cFX 2023 2022 cFX 2023 2022 cFX Moncler 604.8 473.4 +28% 935.0 724.3 +29% 1,496.3 1,252.5 +21% 2,573.2 2,201.8 +19% Stone Island 121
Slide 18: Financial Calendar, Shareholding, IR contacts
Moncler Group Q1 2024 Interim Management Statement 18 Financial Calendar, Shareholding, IR contacts UPCOMING EVENT 24 July 2024 H1 2024 Financial Results SHAREHOLDING STRUCTURE1 % N. SHARES (M) IR CONTACTS Double R S.r.l. 15.8% 43.4 investor.relations@moncler.com ELENA MARIANI Moncler Group Strategi
Slide 19: Disclaimer
Q1 2024 Interim Management Statement 19 Disclaimer This presentation is being furnished to you solely for your information and may not be reproduced or redistributed to any other person. This presentation might contain certain forward-looking statements that reflect the Company’s management’s curren