Dr. Martens — Shareholder Meeting (July 2024)

6 slides from Dr. Martens's shareholder meeting presentation, Jul 11, 2024

Slide 1: FY24 and AGM Trading Update Key Messages
DR. MARTENS PLC FY24 AND AGM TRADING UPDATE KEY MESSAGES 11 JULY 2024
Slide 2: Key Messages
KEY MESSAGES FY24 FY25 – year of transition FY26 – back to growth • USA wholesale decline • Boots in growth USA performance • Focus on product marketing • USA in growth disappointing • USA DTC action plan • Lower cost base • Cost action plan • IT systems start to deliver • Reduction in inventory res
Slide 3: Summary Financials
SUMMARY FINANCIALS % change £m FY24 FY23 Actual Constant currency Pairs (m) 11.5 13.8 -16.7% Revenue 877.1 1,000.3 -12.3% -9.8% Gross Margin 575.2 618.1 -7% Gross Margin % 65.6% 61.8% +3.8%pts Opex (377.7) (373.1) -1% EBITDA 197.5 245.0 -19% EBITDA Margin % 22.5% 24.5% -2.0%pts EBIT 122.2 176.2 -31%
Slide 4: AGM Trading Update
AGM TRADING UPDATE Dr. Martens plc - AGM Trading Update Today, Dr. Martens plc will hold its annual general meeting at 09.30 at the Holiday Inn London, Camden Lock, 30 Jamestown Road, London. Trading since the start of this financial year has been in line with expectations and our guidance for FY25
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Slide 6: drmartensplc.com
drmartensplc.com Dr. Martens plc drmartensofficial