New Wave Group Ab Class B · OMXSTO:NEWA_B

New Wave Group Ab Class B — H1 2017 Earnings Presentation

25 slides from New Wave Group Ab Class B's earnings presentation, August 2017

  1. Slide 1: Interim report January – June 2017

    Craft Interim report January – June 2017 J.Harvest & Frost

  2. Slide 2: This is New Wave Group

    This is New Wave Group  New Wave Group is a growth company. We design, acquire and develop brands and products in the corporate promotion, sports, gifts and home furnishings sectors.  Our three operating segments are: Corporate Promo; promowear, promotional gifts and workwear, Sports & Leisure and

  3. Slide 3: Operating segments and markets

    Corporate Promo Operating segments and markets New Wave Group distributes 49 different brands, 3 of which are licensed brands. The rest are fully owned. Sport & Leisure Each brand is categorised according to which of our three operating segments it belongs to; Corporate Promo, Sports & Leisure or Gi

  4. Slide 4: Corporate Promo vision

    J. Harvest & Frost Corporate Promo vision The vision for the Corporate Promo operating segment is to become the leading supplier in Europe and one of the leading suppliers in the USA of promotional products by offering retailers a broad product range, strong brands, advanced expertise and service, a

  5. Slide 5: Sports & Leisure vision

    Sports & Leisure vision The vision for the Sports & Leisure operating segment involves establishing Craft as a world- leading sportswear brand, and making Cutter & Buck a world-leading golf apparel brand. The vision also entails to strengthening Speedo in the Swedish, Norwegian and Danish markets. T

  6. Slide 6: Gifts & Home Furnishings vision

    Orrefors Gifts & Home Furnishings vision The vision for the Gifts & Home Furnishings operating segment area is to make Orrefors and Kosta Boda world-leading glass and crystal suppliers. Part of the vision also involves utilising innovative and playful design to make Sagaform a prominent player in No

  7. Slide 7: Financial information

    Clique Retail Craft Craft Cutter & Buck Financial information J.Harvest & Frost James Harvest & Frost

  8. Slide 8: April – June 2017

    Cottover April – June 2017 Clique  Sales SEK 1 372 million (1 257)  Sales increased 9 % (5 % in local currencies).  Corporate Promo 12 %, Sports & Leisure 6 %, Gifts & Home Furnishings 8 %.  Growth in all geographical areas  Promo sales channel 11 %, retail 6 %.  Sales per Operating segment 

  9. Slide 9: April – June: Net income per area

    April – June Net income per area Apr-Jun Part of Apr-Jun Part of Change 2017 income 2016 income MSEK % Sweden 318.9 23% 301.2 24% 17.7 6% USA 363.3 26% 339.2 27% 24.1 7% Nordic countries excluding Sweden 195.7 14% 191.8 15% 3.9 2% Central Europe 221.5 16% 211.2 17% 10.3 5% Southern Europe 150.1 11%

  10. Slide 10: Net income

    Net income 1 600 1 200 800 400 0 Q1 Q2 Q3 Q4 2012 2013 2014 2015 2016 2017

  11. Slide 11: April – June 2017

    April – June 2017 J.Clique Harvest & Frost Ahead  Gross profit margin amounted to 45.6 (45.5) %.  External costs and personnel costs amounted to a total of SEK -503.1 million (-462.6)  Currency effect when translated into SEK.  Sales and marketing activites  Employments within sales and custome

  12. Slide 12: April – June 2017 Income statement

    April – June 2017 Income statement Apr - Jun Apr - Jun SEK Million 2017 2016 Income 1371.7 1257.3 Goods for resale -745.7 -685,0 Gross profit 626,0 45.6% 572.3 45.5% Other operating income 7.0 12.2 External costs -270.1 -249.6 Personnel costs -233,0 -213,0 Depreciation/amortization -15.7 -13.4 Other

  13. Slide 13: EBITDA per operating segment

    April – June 2017 EBITDA per operating segment  Corporate Promo amounted to SEK 95.6 million (90.5).  Sports & Leisure amounted to SEK 28.9 million (24.0).  Gifts & Home Furnishings amounted to SEK 1.8 million (-0.9). The improvements above are related to higher turnover

  14. Slide 14: Result before tax

    Result before tax 200 150 100 50 Q2 -50 -100 -150 -200 £2012 ©2013 m2014 m2015 m2016 m2017

  15. Slide 15: April – June 2017 Cash flow

    April – June 2017 Cash flow Apr-Jun Apr-Jun MSEK 2017 2016 Cash flow from operating act. before changes in working capital 105.0 89.4 Change in working capital -54.9 -0.8 Cash flow from operations 50.1 88.6 Investing activities -16,0 -21.2 Cash flow after investing activities 34.1 67.4 Financial act

  16. Slide 16: January - June 2017

    Clique Cottover January - June 2017  Sales SEK 2 636 million (2 388)  Sales increased 10% (6% in local currencies)  Corporate Promo 14%, Sports & Leisure 6%, Gifts & Home Furnishings 11%  Improvements in all regions  Promo sales channel 13%, retail 7%  Sales per Operating segment  Corporate P

  17. Slide 17: January – June 2017 Sales per area

    January – June 2017 Sales per area Jan-Jun Part of Jan-Jun Part of Change 2017 income 2016 income MSEK % Sweden 574.7 22% 537.9 23% 36.8 7% USA 677.6 26% 628.6 26% 49.0 8% Nordic countries excluding Sweden 371.6 14% 354.8 15% 16.8 5% Central Europe 496.3 19% 461.4 19% 34.9 8% Southern Europe 279.4 1

  18. Slide 18: January – June 2017

    January – June 2017 J.Clique Harvest & Frost Ahead  Gross profit margin amounted to 45.4% (45.5)  Improvement in Sports & Leisure and Gifts & Home Furnishings. Corporate Promo slightly lower due to change in product mix  Total costs amounted to SEK -1 019.8 million (-959.8)  exchange rate when c

  19. Slide 19: January – June 2017 Income statement

    January – June 2016 Income statement Jan-Jun Jan - Jun SEK Million 2017 2016 Income 2 635.9 2 388.1 Goods for resale -1 438.5 -1 301.3 Gross profit 1 197.4 45.4% 1 086.8 45.5% Other operating income 17.9 21.6 External costs -558.7 -529.4 Personnel costs -461.1 -430.4 Depreciation/amortization -30.7

  20. Slide 20: EBITDA per operating segment

    January - June 2017 EBITDA per operating segment  Corporate Promo amounted to SEK 129.2 million (104.0)  Sports & Leisure amounted to SEK 61.7 million (46.0)  Gifts & Home Furnishings amounted to SEK -6.5 million (-15.1) The improvements above are related to higher turnover

  21. Slide 21: January - June 2017 Cash flow

    January - June 2017 Cash flow Jan-Jun Jan-Jun MSEK 2017 2016 Cash flow from operating act. before changes in working capital 142.8 85.2 Change in working capital -59.1 67.3 Cash flow from operations 83.7 152.5 Investing activities -35.9 -37.5 Cash flow after investing activities 47.8 115,0 Financial

  22. Slide 22: Financial highlights

    Financial highlights Jan-Jun Jan-Jun Jan - Dec Jan - Dec 2017 2016 2016 2015 Sales growth, % 10.4 4.4 5.5 16.2 Number of employees 2 451 2 391 2 396 2 358 Gross profit margin, % 45.4 45.5 46,0 45.1 Operating margin before depreciation, % 7,0 5.7 8.7 6.3 Operating margin, % 5.8 4.5 7.6 5.1 Return on

  23. Slide 23: CEO summary

    CEO summary  Sales  The growth continues; 9% in the quarter and 10% for the first half year  Result  Operating result improved despite investments in new products and marketing  April-June 10%  January-June 42%  Balance sheet and cash flow  Strong balance sheet with an equity ratio of 48.6%

  24. Slide 24: CEO summary - Future

    CEO summary - Future  CRAFT Teamwear  New warehouse in Canada  New warehouses in Germany and Belgium  New collections for ProJob and Jobman  CRAFT shoes in retail during first quarter 2018  Increased marketing in USA

  25. Slide 25: possible way we can — through long- Kosta Boda

    We strive to make everyone who buys our products a happy customer. If you choose to invest in New Wave Group we want you to know that we promise to take care of your investment in the best possible way we can — through long- term thinking, growth, stability and hard work! Kosta Boda Mattias Stenberg

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