Aeffe S.p.a. · MIL:AEF
Aeffe — Q1 2013 Earnings Presentation
15 slides from Aeffe's earnings presentation, May 10, 2013
Slide 1: First Quarter 2013 Results Presentation
First Quarter 2013 Results Presentation 10, May 2013
Slide 2: 1Q 2013 Key Facts
1Q 2013 Key Facts Consolidated Revenues -2% at € 73m, (-0.6% at constant exchange rates) Consolidated EBITDA for € 9.5m, compared to an EBITDA of € 10.5m in 1Q 2012 Consolidated Net Profit at € 2m, compared to a Net Profit of € 1.9m in 1Q 2012 Consolidated Net Financial Debt of € 94.5m (€ 87.9m as o
Slide 3: Net Sales Breakdown by Division
Net Sales Breakdown by Division(1) 1Q 2013 1Q 2012 (€m) (€m) % on Total Sales % on Total Sales 60 60 (0.2%) * vs 1Q 2012 Footwear & Leather Footwear Goods 26% 26% & Leather Goods 50 50 74% 74% Prêt à Prêt à porter porter 40 40 30 30 56,9 58 (0.3%) * vs 1Q 2012 20 20 10 20,3 10 20,4 0 0 Prêt à porter
Slide 4: Net Sales Breakdown by Brand
Net Sales Breakdown by Brand 1Q 2013 1Q 2012 (€m) (€m) % on Total Sales % on Total Sales Pollini Pollini (5.0%) * 12% 12% J.P. J.P. Gaultier 40 5% Gaultier 40 5% Moschino 56% 4% Others 10% Others Moschino 59% 17% 20% Alberta Alberta Ferretti Ferretti 30 30 43,6 20 40,8 20 (13.7%) * 10 (1.3%) * 10 +1
Slide 5: Net Sales Breakdown by Region
Net Sales Breakdown by Region 1Q 2013 1Q 2012 (€m) (€m) % on Total Sales % on Total Sales 30 (2.1%) * 30 Russia USA Russia USA Japan Japan 8% 6% 9% 8% 7% 9% 20% 17% 21% 15% Europe RoW Europe RoW 25 25 40% 40% Italy Italy 20 20 (5.1%) * 15 29,2 15 29,9 +9.9% * 10 10 14,8 +10.4% * 15,7 (7.8%) * 12,1 5
Slide 6: Net Sales Breakdown by Channel
Net Sales Breakdown by Channel 1Q 2013 1Q 2012 (€m) (€m) % on Total Sales % on Total Sales (0.6%) * 45 45 Retail Retail 26% 27% 40 40 5% Royalties 5% Royalties 35 69% 35 68% Wholesale Wholesale 30 30 25 50 25 50,6 +0.2% * 20 20 15 15 10 10 19,9 19,3 5 (5.7%) * 5 4,0 3,7 0 0 Wholesale Retail Royaltie
Slide 7: Mono-brand Stores Network
Mono-brand Stores Network DOS Franchising 7
Slide 8: Income Statement – 1Q 2013/2012
Income Statement – 1Q 2013/2012 (€m) 8
Slide 9: Summary Balance Sheet
Summary Balance Sheet (€m) ' 1@13 | FY12 1912 Net Working Capital 86,5 77,4 83,6 Net Tangible Assets 46,9 65,4 73,7 Net Intangible Assets 136,6 138,1 142,3 Net Financial Assets 2.8 2,6 3,0 Severance Staff, Provisions & Others (48,6) (48,7) (42,0) Net Capital Employed 244,1 234,8 260,6 Group Sharehol
Slide 10: Summary Cash Flow
Summary Cash Flow (em) PBT Operating Cash Flow Capital Expenditure Free Cash Flow Cash Flows from Financing Activities Cash and cash equivalents at the beginning of the year Cash Flow of the Period Cash and cash equivalents at the end of the year 10 54 (1,3) FY 12 84 (3,0) 5,4 8,4 (3,8) 46 ANE
Slide 11: Appendices
(TE ppoencce
Slide 12: Company Profile
Company Profile (1) Organisational Structure Ownership Structure Aeffe Fashion Group Chairman: Massimo Ferretti CEO: Simone Badioli IM Fashion Chief Executive Officer 24% Simone Badioli Tullio General Badioli 5% Manager/CFO Marcello Tassinari Mediobanca 2% Investor Relation Communication and Manager
Slide 13: Cash Flow Statement
Cash Flow Statement (€m) poe eee 1 i 1Q138 FY 12 1@ 12 PBT 46 14 5,0 Depreciation & Amortisation | 3,1 14,0 3,5 Provisions & Impairments t (0,6) (0,4) 0,0 Taxes (1,6) i (3,7) (0,9) Net Interest 1,7 7,8 19 Change in other liabilities / (assets) (8,8) (11,4) (16,3) Operating Cash Flow (1,8) 7,4 (6,8)
Slide 14: Income Statement – Full Year 2010-2012
Income Statement – Full Year 2010-2012 (€m) 14
Slide 15: Important Information
Important Information The information provided in this presentation is being furnished to you solely for your information on a confidential basis. Neither this document nor any copy thereof may be reproduced or redistributed. Persons into whose possession the content of this presentation come should