Brunello Cucinelli S.p.a. · MIL:BC
Brunello Cucinelli — Q3 2022 Earnings Presentation
12 slides from Brunello Cucinelli's earnings presentation, Oct 20, 2022
Slide 1: 9M 22 Revenues
9M 22 Revenues October 19th , 2022
Slide 2: Brunello Cucinelli
Brunello Cucinelli "The results of the first nine months of 2022 are really splendid: we are indeed achieving great results thanks to the image that the brand enjoys worldwide for its style, way of working and humanistic conception of business; the above lets us envisage ax extraordinary end of the
Slide 3: 9M 22 Sales - Overview
9M 22 Sales - Overview We are extremely pleased with the superb revenue growth in these first 9 months of 2022, +27.7% (+23.2% at constant exchange rates), and flattered by the great attention and approval we are receiving for our brand and our Casa di Moda Growth today appears particularly solid, w
Slide 4: 9M 22 Sales - Overview
9M 22 Sales - Overview It seems to us that the demand for unique products of the highest quality, craftsmanship and workmanship generally exceeds supply We believe that during the pandemic our welfare state’s measures, allowed the companies of our country, together with wise and humanistic entrepren
Slide 5: Revenues by Region
Revenues by Region € mln € mln 9M 21 9M 22 YoY % Chg Net Revenues 502.6 642.0 +27.7% Constant exchange rates +23.2% Europe 151.4 184.2 +21.6% Italy 70.8 78.0 +10.2% Americas 161.3 233.8 +45.0% Asia 119.1 146.0 +22.6% Europe 40.9% Americas 36.4% Asia 22.7% 5
Slide 6: Revenues Highlights
Revenues Highlights Europe The very positive results in all countries confirm the great vitality of the European domestic market Excellent Resort season, benefiting from a rapid and robust upturn in international tourism Numerous small events ensuring excellent visibility for the new collections, nu
Slide 7: Revenues by Distribution Channel
Revenues by Distribution Channel € mln € mln 9M 21 9M 22 YoY % Chg Net Revenues 502.6 642.0 +27.7% Retail 264.9 379.4 +43.2% Wholesale 237.7 262.6 +10.5% Retail Wholesale 59.1% 40.9% on sales on sales 7
Slide 8: Monobrand Network
Monobrad Network Retail Monobrand Wholesale Monobrand 118 boutiques as of September ’22 30 boutiques as of September ’22 114 boutiques as of December ’21 30 boutiques as of December ’21 113 boutiques as of September ‘21 31 boutiques as of September ‘21 8
Slide 9: Distribution Channel
Distribution Channel Retail Channel Sales increase thanks to like-for-like sales, very important sell-outs of the Fall Winter 2022 collections, and significant contribution of new spaces Compared to the first 6 months of the year, the basis of comparison in the second half of 2022 becomes progressiv
Slide 10: Outlook
Outlook We believe that our brand is experiencing a moment of great positivity worldwide, and it seems to us that the spaces that we call Casa Cucinelli, created in the world's major capitals, are also contributing to giving ever greater strength to our idea of hospitality and customer relations, in
Slide 11: Investor Relations
Investor Relations Board of Directors Andrea Pontremoli Independent Director Brunello Cucinelli Excutive Chairman and Creative Director Stefano Domenicali Independent Director Riccardo Stefanelli C.E.O. Emanuela Bonadiman Independent Director Luca Lisandroni C.E.O. Independent Director Maria Cecilia
Slide 12: This presentation may contain forward looking statements
This presentation may contain forward looking statements which reflect Management’s current views and estimates. The forward looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those contained in the forward looking statements. Potenti