Aeffe S.p.a. · MIL:AEF
Aeffe — FY2013 Earnings Presentation
15 slides from Aeffe's earnings presentation, Mar 13, 2014
Slide 1: 2013 Consolidated Results Presentation
2013 Consolidated Results Presentation 13, March 2014
Slide 2: FY 2013 Key Facts
FY 2013 Key Facts Consolidated Revenues -1.2% at € 251.1, (+1.2% at constant exchange rates) Consolidated EBITDA for € 20.6m, compared to an EBITDA of € 22.8m in FY 2012 Consolidated Net Loss at € 3.2m, compared to a Net Loss of € 3m in FY 2012 Consolidated Net Financial Debt of € 88.6m, compared to
Slide 3: Net Sales Breakdown by Division
Net Sales Breakdown by Division(1) FY 2013 FY 2012 (€m) (€m) 196,9 % on Total Sales % on Total Sales 201,3 200 +0.8% * vs FY 2012 200,0 Footwear & Leather Footwear Goods 180 180,0 45,0 26% 27% & Leather 46,3 Goods 160 160,0 73% 74% Prêt à Prêt à porter porter 140 140,0 59,4 52,8 120,0 120 100 100,0
Slide 4: Net Sales Breakdown by Brand
Net Sales Breakdown by Brand FY 2013 FY 2012 (€m) 152,5 (€m) % on Total Sales % on Total Sales +2.9% * 151,8 140 140 Pollini 37,7 Pollini 34,9 130 13% 130 12% J.P. J.P. Gaultier Gaultier 4% 2% 120 Moschino 61% 120 4% Others 8% Others Moschino 60% 110 16% 110 20% Alberta Alberta Ferretti Ferretti 100
Slide 5: Net Sales Breakdown by Region
Net Sales Breakdown by Region FY 2013 FY 2012 (€m) (€m) 104,5 % on Total Sales % on Total Sales +5.2% * 99,3 100 100 Russia USA Russia USA Japan Japan 21,6 8% 7% 9% 8% 8% 10% 90 90 20,2 20% 15% 21% 14% Europe RoW Europe RoW 80 80 41% 39% 70 Italy 70 Italy 30,1 29,1 60 60 50,0 53,8 (6.6)% * 50 50 12,
Slide 6: Net Sales Breakdown by Channel
Net Sales Breakdown by Channel FY 2013 FY 2012 (€m) 159,6 (€m) % on Total Sales % on Total Sales +1.5% * 159,2 160,0 160 Retail 32% Retail 32% 140,0 35,8 33,5 140 5% Royalties 5% Royalties 120,0 63% 63% 120 Wholesale Wholesale 100,0 46,8 100 50,4 79,7 +2,3% * 81,7 80,0 80 21,6 20,9 27,0 24,7 60,0 60
Slide 7: Mono-brand Stores Network
Mono-brand Stores Network DOS Franchising 7
Slide 8: Income Statement – FY 2013/2012
Income Statement – FY 2013/2012 (€m) 8
Slide 9: Balance Sheet
Balance Sheet (em) Net Working Capital Net Tangible Assets Net Intangible Assets Net Financial Assets Severance Staff, Provisions & Others Net Capital Employed Group Shareholders’ Equity Minorities Shareholders’ Equity & Minorities Net Debt Shares Buyback Net Financial Debt and Shareholders’ Equity
Slide 10: Summary Cash Flow
Summary Cash Flow (€m) possesses 1 I FY130—! FY 12 ! 1 PBT (0.7) 14 ' I Operating Cash Flow i 16,0 ' 8,3 Capital Expenditure H (7,2) 10,0 Free Cash Flow ! 8.8 i 18,3 I u 1 ' 1 Cash Flows from Financing Activities 1 (6,6) H (21,3) ! t ' 1 ! i ' t ' I Cash and cash equivalents at the beginning of the
Slide 11: Appendices
Appendices
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 H FY 13 FY 12 PBT ! (0,7) H 1,4 Depreciation & Amortisation 14,6 14,0 Provisions & Impairments (1,1) 0,8 Taxes (3,0) (4,0) Net Interest 6,7 7,8 Change in other liabilities / (assets) (0,5) (11,4) Operating Cash Flow 16,0 H 8,3 Capital expenditure for intangible assets (2
Slide 14: Income Statement – Full Year 2011-2013
Income Statement – Full Year 2011-2013 (€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