New Wave Group Ab Class B · OMXSTO:NEWA_B
New Wave Group Ab Class B — Q1 2021 Earnings Presentation
25 slides from New Wave Group Ab Class B's earnings presentation, 2021
Slide 1: January - March
January - March 1
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
Corporate The vision for the Corporate operating s become ho cic. ohonina io a to corporations in Europe and one of the le suppliers in the United States by offering compan: broad product range, strong brands, adva: expertise and service, and a superior all-inclu concept. el
Slide 5: The Segments: Sports & Leisure
_ * gros &5 Leisure The vision for the Sports & Leisure operating — emer involoalilttabl ing Craft as a wo. adi. ortswear brand, and making Cutter é & Buck -leading golf’ apparel bran d The brand Auclair should take a leading p gloves in Europe and we vill also ong di Ss wtio)
Slide 6: The Segments
NWG // T H E S E G M E N T S 6
Slide 7: The Segments
NWG // T H E S E G M E N T S 7
Slide 8: The Segments
NWG /, EGMENTS Cra 7 partnership with t. Norwegian cross- country end of April, Cr ntract with the Norw + Starting in 2022, the. most successful nation team will race and tr a five-year ki Federation. e world’s untry ski apparel.
Slide 9: The Segments: Gifts & Home Furnishings
NWG // THE SEGMENTS Gifts Home Furnishings The vision for the Gifis & Home lurnishings operating segment 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 Sagafor ‘m a prominent player in Nor
Slide 10: The Segments
NWG // T H E S E G M E N T S 10
Slide 11: The Segments
NWG // T H E S E G M E N T S 11
Slide 12: The Quarter
NWG // T H E Q U A R T E R 12
Slide 13: The Quarter
———— NWG // THE QUARTER JOBMAN The quarter Some recovery, but demand still lower - COVID-19. Operating result SEK 124.2 million higher than the previous year - a record result for a first quarter. Equity ratio 56.9%, strong cash flow and further decreased net debt as
Slide 14: January - March
NWG // F I N A N C I A L I N F O R M A T I O N January - March 14
Slide 15: Financial Information: Net sales
NWG // F I N A N C I A L I N F O R M A T I O N 2021 1 600 1 400 • Sales amounted to SEK 1,261.6 (1,440.9) million 1 200 549.9 • Sales decreased by 12% (7% in local 1 000 534.9 currencies) 800 • Promo sales channel decreased 18%, retail 3% 600 400 891.0 726.7 200 0 Q1 -2021 Q1 -2020 15
Slide 16: Financial Information
NWG // F I N A N C I A L I N F O R M A T I O N 800 5.6 700 3.5 600 500 400 422.3 705.4 402.7 300 568.9 200 22.7 100 128.7 130.4 162.9 122.0 27.4 0 Q1 -2021 Q1 -2020 Q1 -2021 Q1 -2020 Q1 -2021 Q1 -2020 16
Slide 17: Financial Information: 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 - Mar Jan - Mar Jan - Mar Jan - Mar Jan - Mar Jan - Mar Jan - Mar Jan - Mar Change 2021 2020 2021 2020 2021 2020 2021 2020 % USA 45.9 53.4 200.1 292.8 11.1 12.5 257.1 358.7 -28% S
Slide 18: Financial Information: 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 – Mar Jan – Mar 2021 2020 2021 Net sales 1 261.6 1 440.9 • Gross profit margin amounted to 48.0 (43.8)% Goods for resale -656.4 -810.2 ― Higher margin for all segments Gross profit 605.2 48.0% 630.7 43.8% • External costs and personnel c
Slide 19: Financial Information: Segment operating result
NWG // F I N A N C I A L I N F O R M A T I O N 2021 Corporate ― Lower net sales ― Increased sales in Sweden and 60 51.3 54.5 Southern Europe, decreases in all other 50 regions Q1 – 2021 Q1 – 2021 ― Improved gross profit margin 40 24.9 ― Cost savings 30 20 Q1 – 2020 Sports & Leisure 10 -32.2 ― Lower
Slide 20: Financial Information: 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 – Mar Jan – Mar 2021 2020 Cash flow from operating activities before changes in working capital 87.1 -63.0 Change in working capital 280.1 177.6 Cash flow from operating activities 367.2 114.6 Investing activities -15.2 -30.6 Cash flow a
Slide 21: Financial Information: Balance sheet
NWG // F I N A N C I A L I N F O R M A T I O N 31 Mar 31 Mar 2021 2020 SEK million Equity 4 065.7 3 939.3 Equity ratio, % 56.9 46.8 Net debt, SEK million 1 518.1 2 939.6 Net debt to credit institutes, SEK million 775.8 2 145.5 Available credit 2 055.8 1 059.4 Equity per share, SEK 61.13 59.12 21
Slide 22: Financial Information: Rolling 12 months
NWG // F I N A N C I A L I N F O R M A T I O N SEK million Rolling 12 months 2021 Net sales 5 919.4 Goods for resale -3 307.7 • Continuing rising operating margin now Gross profit 2 611.7 44.1% amounting to 11.3% Other operating income 142.3 • Cost savings in all segments External costs -889.5 • Red
Slide 23: CEO Comments: January - March, The Future
NWG // C E O C O M M E N T S January – March • Net sales decreased by 7% in local currencies. • Operating result increased by SEK 124.2 million to SEK 100.1 (-24.1) million. New all-time high for a first quarter! • Strong cash flow and very strong balance sheet. Equity ratio amounts to 56.9%. The Fu
Slide 24: NWG //
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 25: NWG //
NWG // 25