Elumeo Se · XETR:ELB
Elumeo — Non-Deal Roadshow (September 2017)
39 slides from Elumeo's roadshow presentation, September 2017
Slide 1: The leading electronic retailer for gemstone jewelry in Europe
Investor Presentation The leading electronic retailer for gemstone jewelry in Europe
Slide 2: Table of contents
Table of contents 1) elumeo at a glance elumeo’s Transformation Opportunity Financials Outlook 2017 Appendix
Slide 3: elumeo at a glance
elumeo at a glance • • • • • • • • • • • • • • • • • • • • •
Slide 4: Management team: more than 70 years of combined professional experience
Management team: more than 70 years of combined professional experience
Slide 5: Table of contents
Table of contents 1) elumeo at a glance 6 elumeo’s Transformation Opportunity 3) Financials © outlook 2017 5} Appendix
Slide 6: Europe’s Online Jewelry Market continues to grow at double-digit rate
Europe’s Online Jewelry Market continues to grow at double-digit rate
Slide 7: Huge transformation opportunity ahead
Huge transformation opportunity ahead • • • •
Slide 8: Transformation will be driven by four forces
Transformation will be driven by four forces 1 2 3 4
Slide 9: Three pillars provide strong competitive advantages
Three pillars provide strong competitive advantages
Slide 10: elumeo makes fine jewelry an affordable luxury for everyone
elumeo makes fine jewelry an affordable luxury for everyone Tele- shopping Online Retail Jewelers
Slide 11: elumeo’s customers continue to show high level of loyalty
elumeo’s customers continue to show high level of loyalty
Slide 12: Continuous investment in elumeo’s eCommerce platforms to achieve 24/7 customer access
Continuous investment in elumeo’s eCommerce platforms to achieve 24/7 customer access ● ● ● ●
Slide 13: elumeo’s growth strategy founded on three pillars
elumeo’s growth strategy founded on three pillars 3 • • 2 • • 1 • • • • •
Slide 14: elumeo made progress on all three strategic areas in 2015 and 2016
elumeo made progress on all three strategic areas in 2015 and 2016 1 2 3 • • • • • • • • • • • • •
Slide 15: The gains in efficiency have been offset by the historically low exchange rate between Thai Baht and Euro/GBP
The gains in efficiency have been offset by the historically low exchange rate between Thai Baht and Euro/GBP • • •
Slide 16: Cost of operations have been reduced significantly
Cost of operations have been reduced significantly -13 % -13 %
Slide 17: Germany and Italy are back on track
Germany and Italy are back on track Σ +11,0% Σ +11,3% +11,0%
Slide 18: UK activities restructured in 2016 and relaunched in March 2017
UK activities restructured in 2016 and relaunched in March 2017 • • •
Slide 19: New collections have been developed both for In-house presentation and the developing B2B business
New collections have been developed both for In-house presentation and the developing B2B business • • Inhouse B2B/Wholesale
Slide 20: eCommerce continues to show highest growth-rates
eCommerce continues to show highest growth-rates Σ • +42,5% Σ • +37,1% • • +46,3%
Slide 21: elumeo has returned to profitability as expected
elumeo has returned to profitability as expected • • •
Slide 22: Table of contents
Table of contents 1) elumeo at a glance 2) elumeo’s Transformation Opportunity } 6 Financials © outlook 2017 5} Appendix elumeo|22 + rm
Slide 23: Summary of H1 2017 results
Summary of H1 2017 results ● ● ● ●
Slide 24: H1 2017 vs. H1 2016 performance – Overview
H1 2017 vs. H1 2016 performance – Overview • • • •
Slide 25: Q2 2017 vs. Q2 2016 performance – Overview
Q2 2017 vs. Q2 2016 performance – Overview • • •
Slide 26: Consolidated Income Statement
Consolidated Income Statement
Slide 27: Revenue split by Country
Revenue split by Country Q2 2017 Q2 2016 QoQ 1 Jan - 1Jan - HoH EUR thousand | % of revenue from product sales in% 30 Jun 2017 30 Jun 2016 in% Germany 13740 72,0% 12.382 61,0% 11,0% 25.402 700% 21348 606% 19,0% Italy 2494 131% 2.241 110% 113% 4.860 13,4% 5.174 14.7% -6,1% United Kingdom 1700 89% 4.0
Slide 28: Table of contents
Table of contents 1) elumeo at a glance 2) elumeo’s Transformation Opportunity } 3) Financials b4) outlook 2007 5} Appendix elumeo|28 + rm
Slide 29: 2017 Outlook
2017 Outlook In 2017 elumeo will benefit from a large number of initiatives to reduce operational cost * Efficiency has been increased in all territories resulting in a higher productivity and lower cost * Asaresult cost of reach and personnel costs have been reduced in all territories After a chall
Slide 30: Table of contents
Table of contents 1) elumeo at a glance 2) elumeo’s Transformation Opportunity 3) Financials © outlook 2017 gS) Aopen elumeo|30
Slide 31: Segment Report
Segment Report 1 Jan - 30 Jun 2017 Revenue Gross Segment- EUR thousand | % of (segment) revenue profit EBITDA Sales division Germany & Italy 30.288 83,4% 12.211 40,3% -666 -2,2% Sales division Others 6.031 166% 1215 202% -1.421 -23,6% Group functions & eliminations ie} 0,0% 1311 na. -267 na. Total 3
Slide 32: Split of Selling expenses
Split of Selling expenses • • • • • •
Slide 33: Split of administrative expenses
Split of administrative expenses • • • • • • •
Slide 34: Total-Segment-EBITDA
Total-Segment-EBITDA Note Q2 2017 Q2 2016 QoQ 1Jan - 1 Jan - HoH EUR thousand | % of revenue in% 30 Jun 2017 30 Jun 2016 in % Total segment EBITDA =379 _-2,0% _-1.379 _-6,8% 72,5% _=2.354 -6,5% _-3.677 -10,4% 36,0% Effects from foreign currency translation 7) 895 47% -1336 -66% 167,0% 287 08% -1.903
Slide 35: Balance sheet
Balance sheet ASSETS Note 30June 2017 31Dec 2016 Change EUR thousand | % of balance sheet total in% Non-current assets Intangible assets (14.) 827 14% 925 15% -10,5% Property, plant and equipment (14) 10.399 175% 11.244 181% -7,5% Other financial assets (16.) 507 0,9% 522 0,8% -2,9% Other non-financ
Slide 36: Balance sheet
Balance sheet EQUITY & LIABILITIES Note 30June 2017 31Dec 2016 Change EUR thousand | % of balance sheet total in % Equity Issued capital (7) 5500 93% 5.500 89% 0,0% Capital reserve (17) 34.050 57.3% 33.862 545% 0,6% Retained losses 8.907 -15,0% -5.408 -87% -64,7% Foreign currency translation reserve
Slide 37: Cash Flow Statement
Cash Flow Statement Note 1Jan - 1Jan - HoH EUR thousand 30 Jun 2017 30 Jun2016 = in% Earnings before taxes (EBT) 3.103 -6.679 53,5% +/- Depreciation and amortisation on non-current assets (14) +848 +848 0,0% +/- Increase/decrease in provisions -372 +60 = -716,1% +/- Equity-settled share-based remune
Slide 38: Cash Flow Statement
Cash Flow Statement Note 1Jan - 1Jan - HoH EUR thousand 30 Jun 2017 30 Jun 2016 in% - Payments for investments in intangible assets -7 -60 88.1% - Payments for investments in property, plant and equipment -109 -682 84,0% + Proceeds from sale of intangible assets and property, plant and equipment +1
Slide 39: Points of contact
6 Points of contact Executive Board: Wolfgang Boyé, Don Kogen, Bernd Fischer, Boris Kirn, Thomas Jarmuske, Deborah Cavill, Anette Bronder, Roland Sand Investor Relations contact: Claudia Erning Erkelenzdamm 59/61 10999 Berlin E-Mail: IR@elumeo.com Phone: +49 30 69 59 79-231 Fax: +49 30 69 59 79-650