New Wave Group Ab Class B · OMXSTO:NEWA_B
New Wave Group Ab Class B — Q2 2021 Earnings Presentation
28 slides from New Wave Group Ab Class B's earnings presentation, 2021
Slide 1: Interim Report January - June
Interim Report January - June
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
F is ¢ NWG //T E SEGMENTS ‘ Corp rate — The vision for the Corporate operating segment is to become the 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 expert
Slide 5: The Segments: Sports & Leisure
NWG // THE SEGMENTS Sports & Leisure 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 brand Auclair should take a leading position on gloves in Europe and we will al
Slide 6: The Segments
NWG // T H E S E G M E N T S 6
Slide 7: The Segments: Gifts & Home Furnishings
Home Furnishings The vision, for the Gifts 3 oa Furnishings. operating segment is to make | Re ciors and Kosta “Boda world- -leading glass ando) Part of the vision also involves i and playful design to make Sag = ee in Northern Europe in both | : “retail markets.
Slide 8: The Quarter
NWG // T H E Q U A R T E R 8
Slide 9: The Quarter
NWG // THE QUARTER The quarter * Recovery mainly in the US, the Nordic countries and in the retail sales channel. * Operating result improved by SEK 181.2 million compared to the previous year and amounted to SEK 241.8 110.) million. + Equity ratio of 58.9% and further decreased net debt.
Slide 10: April - June
NWG // F I N A N C I A L I N F O R M A T I O N April - June 10
Slide 11: Financial Information: Q2 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 1,486.8 (1,314.5) million 1 200 551.7 366.0 • Sales increased by 13% (18% in local 1 000 currencies) 800 • Promo sales channel decreased by 1%, retail increased by 51% 600 935.1 948.5 400 200 0 Q2 -2021 Q2 -2020
Slide 12: Financial Information: Segment Sales Q2
NWG // F I N A N C I A L I N F O R M A T I O N 900 3.9 800 5.1 700 600 500 400 826.5 399.7 703.7 300 200 249.7 146.9 100 175.7 112.4 88.9 55.7 0 33.1 Q2 -2021 Q2 -2020 Q2 -2021 Q2 -2020 Q2 -2021 Q2 -2020 12
Slide 13: Q2 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 Apr - Jun Apr - Jun Apr - Jun Apr - Jun Apr - Jun Apr - Jun Apr - Jun Apr - Jun Change 2021 2020 2021 2020 2021 2020 2021 2020 % USA 38.2 28.5 276.2 136.8 11.1 10.9 325.5 176.2 85% Sw
Slide 14: Q2 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 Apr – Jun Apr – Jun 2021 2020 2021 Net sales 1 486.8 1 314.5 • Gross profit margin amounted to 48.3 (39.2)% Goods for resale -769.2 -799.7 ― Higher margin for all segments Gross profit 717.6 48.3% 514.8 39.2% • External costs and personnel c
Slide 15: Q2 Operating Result by Segment
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 140 ― Decreased sales in Southern Europe 117.5 112.0 and Other countries due to less trading 120 108.8 business Q2 – 2021 ― Improved gross profit margin 100 Q2 – 2020 Q2 – 2021 ― Positive effect by forgiven government 80
Slide 16: Q2 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 Apr – Jun Apr – Jun 2021 2020 Cash flow from operating activities before changes in working capital 219.0 176.0 Change in working capital -33.7 75.5 Cash flow from operating activities 185.3 251.4 Investing activities -24.0 -11.1 Cash flow a
Slide 17: Equity, Equity Ratio 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 Jun 30 Jun 2021 2020 SEK million Equity 4 195.8 3 799.7 Equity ratio, % 58.9 47.9 Net debt, SEK million 1 307.3 2 656.6 Net debt to credit institutes, SEK million 593.5 1 898.8 Equity per share, SEK 63.11 57.08 17
Slide 18: Rolling 12 Months 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 Rolling 12 months 2021 Net sales 6 091.7 Goods for resale -3 277.2 • Continuing rising operating margin now Gross profit 2 814.6 46.2% amounting to 13.2% Other operating income 140.3 External costs -935.6 Personnel costs -960.7 Depreciation
Slide 19: January - June
NWG // F I N A N C I A L I N F O R M A T I O N January - June x 19
Slide 20: Financial Information: January-June Sales
NWG // F I N A N C I A L I N F O R M A T I O N 2021 3 000 • Sales amounted to SEK 2,748.4 2 500 (2,755.4) million 1 086.6 915.8 2 000 • Sales on par with the previous year (6% increase in local currencies) 1 500 • Promo sales channel decreased 10%, retail increased 19% 1 000 1 839.6 1 661.8 500 0 Ja
Slide 21: Segment Sales January-June
NWG // F I N A N C I A L I N F O R M A T I O N 1 800 9.5 1 600 8.6 1 400 1 200 1 000 800 1 531.9 802.4 600 1 272.5 672.0 400 200 275.6 306.2 251.8 234.3 0 83.1 55.8 Jan - jun 2021 Jan - jun 2020 Jan - jun 2021 Jan - jun 2020 Jan - jun 2021 Jan - jun 2020 21
Slide 22: January-June 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 - Jun Jan – Jun Jan - Jun Jan – Jun Jan - Jun Jan – Jun Jan - Jun Jan – Jun Change 2021 2020 2021 2020 2021 2020 2021 2020 % USA 84.1 81.8 476.3 429.6 22.2 23.5 582.6 534.9 9% Swe
Slide 23: January-June 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 – Jun Jan – Jun 2021 2020 2021 Net sales 2 748.4 2 755.4 • Gross profit margin amounted to 48.1 (41.6)% Goods for resale -1 425.6 -1 609.9 ― Large share of trading shipments last year Gross profit 1 322.8 48.1% 1 145.5 41.6% • External c
Slide 24: January-June Operating Result by Segment
NWG // F I N A N C I A L I N F O R M A T I O N 2021 Corporate 200 168.8 ― Lower net sales 163.3 ― Decreased sales in Southern Europe 137.0 and Other countries due to less trading 150 Jan-Jun 2021 Jan-Jun 2021 business ― Higher gross profit margin Jan-Jun 2020 100 ― Cost savings Sports & Leisure 50 ―
Slide 25: January-June 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 - Jun Jan – Jun 2021 2020 Cash flow from operating activities before changes in working capital 306.1 113.0 Change in working capital 246.3 253.0 Cash flow from operating activities 552.5 366.0 Investing activities -39.1 -41.7 Cash flow
Slide 26: CEO Comments
NWG // C E O C O M M E N T S April – June • Sales growth of 18% in local currencies. • The operating margin amounted to 16.2%, which is a fantastic performance! • The balance sheet has continued to strengthen and the equity ratio now amounts to 58.9%. January – June • The operating result was record
Slide 27: Closing message to investors
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 28: NWG //
NWG // 28