New Wave Group Ab Class B · OMXSTO:NEWA_B
New Wave Group Ab Class B — Q3 2024 Earnings Presentation
30 slides from New Wave Group Ab Class B's earnings presentation, Nov 7, 2024
Slide 1: Interim Report January – September 2024
2024 Interim Report mz January - September
Slide 2: NWG // The World
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
¢ leading supplier of promotional products to corporations in Europe and one of the leading suppliers in the United States by offering companies a broad product range. strong brands. advanced expertise and service. and a superior alle inclusive concept.
Slide 5: The Segments: Sports & Leisure
NWG /f:THE@ SEGMENTS Sports & Leisure The vision for the Sports & Leisure operating segment involves establishing Craft as a world-leading sportswear brand. and making Cutter © Buel a world= leading golf apparel br and. The brand Auclair should take.a leading position ongloves in Europe and we will
Slide 6: Craft Shoes
NWG // T H E S E G M E N T S Craft Shoes National Geographic names Craft's Xplor Hybrid Running shoes as the best hybrid shoes for trail running. 6
Slide 7: Craft Pop-Up in NYC
NWG // T H E S E G M E N T S Craft Pop-Up in NYC Craft had a Pop-Up shop for the first time in New York, where they launched their new shoe KYPE PRO. 7
Slide 8: The Segments: Gifts & Home Furnishings
NWG // THE SEGMENTS Gifis & Home Furnishings — the vision for the Gifts & Home Furnishings operating segment is to make Orrefors and Kosta Boda world-leading glass and crystal suppliers. Part of the vision also incolves utilising innovative and playful design to make Sagaform a prominent player in N
Slide 9: Kosta Brewery launches alcohol-free lager
BRYGGERI LANSERAR DLFRIA LAGER — GW v tva dl som tagits fram e med férfattaren och on, samt initiativtagarna forsten Jansson. DET SMALANDSKA KOSTA BRYGGERI LANSERAR STOLT SIN NYA ALKOHOLFRIA LAGER — GW Nyktra Pilsner - den férsta av tva 6 som tagits fram genom ett nara samarbete med forfattaren och
Slide 10: The Quarter
NWG // T H E Q U A R T E R 10
Slide 11: The quarter
NWG // THE QUARTER The quarter Net sales in local currencies increased by 2% even though the industry indev in all segments has fallen Operating result decreased by SEK 68.8 million compared to the previous year and amounted to SEK 312.8 (381.1) million Operating margin amounted to 13.6 (16.3)% 11
Slide 12: July - September
NWG // F I N A N C I A L I N F O R M A T I O N July - September 12
Slide 13: Sales amounted to SEK 2,308.3 million
NWG // F I N A N C I A L I N F O R M A T I O N 2024 2 500 • Sales amounted to SEK 2,308.3 922.8 932.7 (2,337.0) million 2 000 • Sales decreased with 1% (of which 1 500 currency -3 %) • Promo sales channel decreased by 1 000 1%. retail decreased by 1% 1,385.5 1,404.3 500 0 Q3 -2024 Q3 -2023 13
Slide 14: Sales by segment, Q3
NWG // F I N A N C I A L I N F O R M A T I O N 1 200 10.6 8.4 1 000 800 740.5 746.5 600 1,067.0 1,104.6 400 29.8 200 289.5 269.9 29.0 173.9 175.6 0 Q3 -2024 Q3 -2023 Q3 -2024 Q3 -2023 Q3 -2024 Q3 -2023 14
Slide 15: Sales by region and segment, Jul-Sep
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 Jul - Sep Jul - Sep Jul - Sep Jul - Sep Jul - Sep Jul - Sep Jul - Sep Jul - Sep Change 2024 2023 2024 2023 2024 2023 2024 2023 % USA 61.5 59.3 454.6 433.3 11.4 14.3 527.5 506.9 4% Swe
Slide 16: Income statement, Jul-Sep
NWG // F I N A N C I A L I N F O R M A T I O N SEK million Jul – Sep Jul – Sep 2024 2023 2024 Net sales 2,308.3 2,337.0 • Gross profit margin amounted to 48.8 (48.6)% Goods for resale -1,180.7 -1,200.5 ― Corporate and Sports & Leisure increased Gross profit 1,127.6 48.8% 1,136.4 48.6% while Gifts &
Slide 17: Operating result by segment, Q3
NWG // F I N A N C I A L I N F O R M A T I O N 2024 Corporate 200 ― Higher sales in Central Europe and USA but lower 182.6 169.9 180.3 sales in other regions 145.9 ― Lower result is related to lower sales and higher Q3 – 2023 Q3 – 2023 costs tied to sales and marketing Q3 – 2024 150 Q3 – 2024 Sports
Slide 18: Cash flow, Jul-Sep
NWG // F I N A N C I A L I N F O R M A T I O N SEK million Jul - Sep Jul - Sep 2024 2023 Cash flow from operating activities before changes in working capital 334.0 381.2 Change in working capital -142.5 -207.9 Cash flow from operating activities 191.4 173.3 Investing activities -39.1 -72.1 Cash flo
Slide 19: 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 30 Sep 30 Sep 2024 2023 SEK million Equity 6,589.0 6,379.8 Equity ratio. % 60.7 55.8 Net debt. SEK million 1,927.5 2,567.2 Net debt to credit institutes. SEK million 1,253.7 1,940.5 Equity per share. SEK 49.65 48.07 19
Slide 20: January - September
NWG // F I N A N C I A L I N F O R M A T I O N January - September 20
Slide 21: Sales amounted to SEK 6,701.4 million
NWG // F I N A N C I A L I N F O R M A T I O N 2024 8 000 • Sales amounted to SEK 6,701.4 7 000 (6,777.0) million 2,474.6 6 000 2,462.7 • Sales decreased by 1% (of which 5 000 currency -1%) 4 000 • Promo sales channel decreased by 1%. retail in line with previous year 3 000 2 000 4,238.7 4,302.4 1 0
Slide 22: Sales by segment, Jan-Sep
NWG // F I N A N C I A L I N F O R M A T I O N 4 000 19.9 3 500 22.1 3 000 2 500 2 000 1,969.0 1,982.8 3,261.7 3,378.9 1 500 1 000 103.3 500 879.6 820.2 471.7 471.9 0 97.3 Jan - sep 2024 Jan - sep 2023 Jan - sep 2024 Jan - sep 2023 Jan - sep 2024 Jan - sep 2023 22
Slide 23: Sales by region and segment, Jan-Sep
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 - Sep Jan - Sep Jan - Sep Jan - Sep Jan - Sep Jan - Sep Jan - Sep Jan - Sep Förändring 2024 2023 2024 2023 2024 2023 2024 2023 % USA 181.4 184.8 1,351.3 1,317.6 37.5 40.6 1,570.2
Slide 24: Income statement, Jan-Sep
NWG // F I N A N C I A L I N F O R M A T I O N SEK million Jan – sep Jan – sep 2024 2023 2024 Net sales 6,701.4 6,777.0 • Gross profit margin amounted to 49.2 (49.6)% Goods for resale -3,407.6 -3,418.0 ― Mainly Gifts & Home Furnishings that have Gross profit 3,293.8 49.2% 3,359.0 49.6% reduced its m
Slide 25: Operating result by segment, Jan-Sep
NWG // F I N A N C I A L I N F O R M A T I O N 2024 Corporate ― Lower net sales in all regions except in 700 611.2 Central Europe ― Promo sales channels decreased while retail 600 467.9 increased net sales 448.6 Q3 – 2023 ― Lower net sales and gross profit margin and 500 higher cost for sales- and m
Slide 26: Cash flow, Jan-Sep
NWG // F I N A N C I A L I N F O R M A T I O N SEK million Jan - Sep Jan - Sep 2024 2023 Cash flow from operating activities before changes in working capital 715.3 938.7 Change in working capital 17.2 -728.4 Cash flow from operating activities 732.6 210.3 Investing activities -164.2 -195.6 Cash flo
Slide 27: CEO comments: July - September, January - September
NWG // C E O C O M M E N T S July - September • The growth in the quarter was 2% in local currency • We continue to gain market shares in a tough market • Good cost control • Continued focus on market investments January - September Torsten Jansson • Net sales was in line with previous years CEO • C
Slide 28: CEO comments: The future
NWG // C E O C O M M E N T S The future • Continue to gain market shares • Strong balance sheet • Continue looking at acquisitions Torsten Jansson CEO 28
Slide 29: Closing message to shareholders
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 30: NWG //
NWG // 30