Compagnie Chargeurs Invest · EURONEXT:CRI
Compagnie Chargeurs Invest — Chargeurs — Investor Presentation (October 2018)
26 slides from Compagnie Chargeurs Invest's investor presentation, October 2018
Slide 1: Investor Presentation
Investor Presentation Chargeurs re-affirms the effectiveness of its structural growth strategy October 2018
Slide 2: Summary
Summary Chargeurs: an ambitious long-term growth strategy backed by solid financials Full deployment of a carefully-prepared growth strategy Excellent financial performances in H1 2018 with continued: Growth opex: €1.3m in H1 2018 Growth capex: €2.2m in H1 2018 New game-changing acquisitio
Slide 3: Contents
CONTENTS 1. First-half 2018 summary: Continued enhancement of Chargeurs’ growth profile, profitability and resilience 2. Industrial excellence roadmap for long-term value creation 3. A successful acquisition program: €75m in additional revenue from value-generating acquisitions, purchased at reasona
Slide 4: First-half 2018 summary: Continued enhancement of growth profile, profitability and resilience
First-half 2018 summary: 1 Continued enhancement of Chargeurs’ growth profile, profitability and resilience Chargeurs – Investor Presentation – October 2018 ―4
Slide 5: Chargeurs continues to enhance its growth profile, profitability and resilience
Chargeurs continues to enhance its growth profile, profitabilit y and resilience Intensified investment drive, with: Sharp improvement in performance despite: • targeted acquisitions with an accretive • • an adverse geopolitical and currency environment a very high basis of comparison & • operating
Slide 6: Chargeurs continues to enhance its growth profile, profitability and resilience
Chargeurs continues to enhance its growth profile, profitability and resilience Reinvesting our excellent financial performance in growth opex and capex Excluding growth opex, and on a like-for-like basis, operating margin would have widened by 120 basis points in first-half 2018 compared with H1 2
Slide 7: Industrial excellence roadmap for long-term value creation
Industrial excellence roadmap for 2 long-term value creation Chargeurs – Investor Presentation – October 2018 ―7
Slide 8: Designing our Iconicity
Designing our Iconicity Achieve €1bn in revenue by 2022 with an operating margin topping 8% Iconic Champions New markets Expand market opportunities New Create strategic customer partnerships opportunities Widen our customer & product portfolios Create global champions Differentiation Game Changer p
Slide 9: Creating global champions and iconic champions
Creating global champions and iconic champions Game Changer: an operating performance acceleration plan that advocates daily discipline in the creation of long-term value and that is based on four key areas: Smart & Advanced Sales & Marketing Talent Management Manufacturing Distinctive Innovation
Slide 10: Our ambition: become iconic champions
Our ambition: become iconic champions Global champion Iconic champion - #1 in global market share - #1 brand worldwide - Superior technical and services offering - A go-to, indispensable partner - Best value for money - An unrivaled partner - Superior functional - Superior emotional appeal & experim
Slide 11: A successful acquisition program
A successful acquisition program: €75m in additional revenue from 3 value-generating acquisitions, purchased at reasonable price Chargeurs – Investor Presentation – October 2018 ― 11
Slide 12: A targeted and long-term acquisition strategy
A targeted and long-term acquisition strategy An acquisition strategy based on a strict and targeted model Distinctive Create global champions in high value-added niche markets vision Focus on accretive businesses Disruption Game-changing bolt-on Vertical acquisitions to move up Acquisitions in new
Slide 13: A successful strategy for value creation
A successful strategy for value creation Since 2015, Chargeurs has carried out targeted acquisitions, creating champions in high value-added niche markets An ongoing and value-creating acquisition strategy Still to come: > Game-changing “bolt-on” acquisitions $80m in revenue > Acquisitions to move u
Slide 14: Case study: Chargeurs PCC Interlining, a remarkable acquisition
Case study: 4 Chargeurs PCC Interlining, a remarkable acquisition Chargeurs – Investor Presentation – October 2018 ― 14
Slide 15: Back-to-leadership: a winning strategy from Chargeurs Fashion Technologies since 2015
CHARGEURS Back-to-leadership: a winning strategy from FASHION TECHNOLOGIES Chargeurs Fashion Technologies since 2015 A profound transformation for a return to profitable growth Business Industrial Global footprint development optimization Financial growth Revenue 197.8 Sales optimization 66.7 157.5
Slide 16: The fashion industry: an ongoing revolution
CHARGEURS FASHION TECHNOLOGIES The fashion industry: an ongoing revolution Chargeurs Fashion Technologies customers need to adapt to industry transforming trends New developments in the fast fashion industry Transition to real-time supply chains that require with extensive digitization of the value
Slide 17: Precision Custom Coatings Interlining (PCC): a comprehensive array of services for brands
CHARGEURS Precision Custom Coatings Interlining (PCC): FASHION TECHNOLOGIES a comprehensive array of services for brands $80m in revenue, of which more than 90% generated in Asia 300 employees in a dozen countries, primarily in Asia and the United States 30 years of business growth Top 5 leading
Slide 18: CFT + PCC: a global leader with solid fundamentals
CHARGEURS CFT + PCC: a global leader with solid fundamentals at FASHION TECHNOLOGIES the heart of the fashion & luxury industry A strong positioning in the new center of gravity of the fashion industry: Asia EUROPE AMERICAS 29% 14% Served by CFT ASIA Served by PCC 57% Served by both CFT & PCC % reve
Slide 19: A targeted and tactical acquisition for major value creation
CHARGEURS A targeted and tactical acquisition for major value FASHION TECHNOLOGIES creation By sharply improving the Group’s profitability and financial position, the new entity is a perfect fit with Chargeurs’ strict acquisition strategy Solid revenues Very strong transaction terms Accretive margin
Slide 20: Chargeurs and PCC Interlining: applying Chargeurs' distinctive model
CHARGEURS Chargeurs and PCC Interlining: FASHION TECHNOLOGIES applying Chargeurs’ distinctive model Objective of Chargeurs’ acquisition of PCC Interlining: become the global benchmark in interlinings Differentiation CFT x PCC Game Changer Plan Leadership & efficiency Chargeurs Business Greater marke
Slide 21: Outlook
5 Outlook Chargeurs – Investor Presentation – October 2018 ― 21
Slide 22: Chargeurs is rolling out its roadmap to achieve €1bn in revenue by 2022
Chargeurs is rolling out its roadmap to achieve €1bn in revenue by 2022 Confirmation of guidance for full-year 2018 Revenue growth Higher operating margin Solid cash generation One year after announcing its €1bn revenue target, Chargeurs has re-affirmed and fully achieved the goals of its roadmap Ch
Slide 23: Chargeurs is continuing to accelerate its performance, with solid operational excellence standards
Chargeurs is continuing to accelerate its performance, with solid operational excellence standards A pro-active and long-term excellence strategy • A committed reference shareholder • Experienced Top Management with an international profile A clear • A clear vision to constantly strengthen our leade
Slide 24: Appendices
Appendices Chargeurs – Investor Presentation – October 2018 ― 24
Slide 25: Glossary
Glossary Like-for-like growth (based on a comparable scope of consolidation and at constant exchange rates) for year Y compared with year Y-1 is calculated by: applying the average exchange rates for year Y-1 to the period concerned (year, half-year, quarter); and using the scope of consolidat
Slide 26: 2018 Investor Calendar
2018 Investor Calendar Wednesday, November 14, 2018 (after the close of trading): Third-quarter 2018 financial information Chargeurs 1 1 2 , av e n u e K l é b e r 7 5 1 1 6 Pa r i s +33 1 47 04 13 40 co mf i n @ c h a rg eu rs .f r w w w. ch a rg e u rs .f r