Aeffe S.p.a. · MIL:AEF
Aeffe — 9M 2016 Earnings Presentation
14 slides from Aeffe's earnings presentation, Nov 10, 2016
Slide 1: AEFFE Nine Months 2016 Results Presentation
AEFFE Nine Months 2016 Results Presentation 10th November 2016
Slide 2: 9M 2016 Key Facts
9M 2016 Key Facts Consolidated Revenues +3.5% at € 213.8m, (+3.8% at constant exchange rates) Consolidated EBITDA for € 21.3m, compared to an EBITDA of € 17.9m in 9M 2015, with a €3.4m increase (+19%) Consolidated Net Profit for the Group at €4.9m, compared to a Net Profit of € 1.5m in 9M 2015, with
Slide 3: Net Sales Breakdown by Division
Net Sales Breakdown by Division(1) 9M 2016 9M 2015 (€m) (€m) 163.9 % on Total Sales % on Total Sales 170 +3.7% * vs 9M 2015 170 158.6 Footwear 160 160 & Leather Footwear Goods 31% 150 30% & Leather 150 Goods 140 140 56,9 69% 70% 130 130 Prêt à 59,1 Prêt à porter porter 120 120 110 110 100 100 90 90
Slide 4: Net Sales Breakdown by Brand
Net Sales Breakdown by Brand 9M 2016 9M 2015 (€m) (€m) 147.5 % on Total Sales % on Total Sales +5.0% * 150 150 Pollini 140.8 12% Pollini Philosophy di 140 Philosophy di 140 Lorenzo Serafini 11% Lorenzo Serafini 11% 5% 4% 130 130 Others 6% Others 7% 69% 68% 120 52,1 9% 120 Alberta Alberta 10% Ferrett
Slide 5: Net Sales Breakdown by Region
Net Sales Breakdown by Region 9M 2016 9M 2015 (€m) (€m) % on Total Sales % on Total Sales 96.5 100,0 Russia 100,0 +4.2% * USA 92.6 Russia USA 3% 8% 3% RoW 8% 90,0 Europe 90,0 RoW 22% 22% Europe 22% 22% 80,0 80,0 35,9 45% 35,5 45% Italy 70,0 70,0 Italy 60,0 60,0 46.4 46.4 40.5 50,0 50,0 44.5 +5.3% *
Slide 6: Net Sales Breakdown by Channel
Net Sales Breakdown by Channel 9M 2016 9M 2015 (€m) (€m) % on Total Sales % on Total Sales 152.8 160 160 +7.6% * Retail 25% Retail 142.1 28% 140 140 3% Royalties 3% Royalties 53,6 120 72% 69% 120 55,6 Wholesale Wholesale 100 100 80 43,5 80 53.6 38,1 58.2 60 (7.3%) * 60 20,0 19,7 40 40 55,7 17,8 15,6
Slide 7: Mono-brand Stores Network
Mono-brand Stores Network DOS 9M16 FY15 Europe 45 47 USA 3 3 Asia 16 11 Total 64 61 Franchising 9M16 FY15 Europe 48 45 USA 2 3 Asia 139 137 Total 189 185 7
Slide 8: Income Statement – 9M 2016/2015
Income Statement – 9M 2016/2015 (€m) 9M16 9M15 Net Sales 213,8 206,5 % change 3,5% Other Revenues 5,3 3,2 Total Revenues 219,1 209,7 % change 4,5% Raw Materials Costs (68,8) (66,8) Service Costs (61,6) (58,6) Costs for use of third parties (17,4) (17,7) Personnel (47,0) (45,2) Other Operating Expens
Slide 9: Summary Balance Sheet
Summary Balance Sheet (em) 9M16 FY15. OMI15 Net Working Capital ! 91,7 ' 82,3 103,1 Net Tangible Assets 61,5 63,3 63,7 Net Intangible Assets 1641 122.8 124,2 Net Financial Assets 3,9 4A 46 Severance Staff, Provisions & Others (27,3) (42,6) (46,4) Net Capital Employed 246,20 | 230,2 249,1 Group Share
Slide 10: Cash Flow Statement
Cash Flow Statement (€m) 9M16 FY 15 9M15 PBT 10,5 2,9 5,7 Depreciation & Amortisation 9,1 13,5 9,6 Provisions & Impairments (0,4) (1,9) (1,7) Taxes (3,1) (3,6) (3,5) Net Interest 1,7 3,0 2,7 Change in other liabilities / (assets) (26,4) (1,1) (20,6) Operating Cash Flow (8,6) 12,8 (7,8) Capital expen
Slide 11: Appendices
Appendices
Slide 12: Company Profile
Company Profile (1) Organisational Structure Ownership Structure IM Fashion Aeffe Fashion Group Chairman: Massimo Ferretti 24% CEO: Simone Badioli Chief Executive Officer Simone Badioli Tullio Managing Director/CFO Marcello Tassinari Badioli 6% Investor Relation Communication and Manager Marketing A
Slide 13: Income Statement – Full Year 2013-2015
Income Statement – Full Year 2013-2015 (€m) 13
Slide 14: Disclaimer
Disclaimer This presentation is being furnished to you solely for your information on a confidential basis and may not be reproduced or redistributed to any other person. This presentation does not constitute or form part of any offer to sell or invitation to purchase or subscribe for, or otherwise