New Wave Group Ab Class B · OMXSTO:NEWA_B
New Wave Group Ab Class B — Q3 2005 Earnings Presentation
27 slides from New Wave Group Ab Class B's earnings presentation, 2005
Slide 1: Presentation of New Wave Group
© 2003 New Wave Group AB ENG C-12 Presentation of
Slide 2: Business idea
Business idea New Wave Group is a growing company that designs, acquires and develops quality articles for the profiling market (business market) and the consumers’ market, mainly in the clothing, accessories and gifts areas. New Wave Group concentrates on two business areas: ✔ The Retailing busines
Slide 3: Did you know...
Did you know... ...that New Wave Group through its trademarks (2004) sold approximately… ✔ 5.0 million one-coloured T-shirts in Sweden and 8.0 million in the rest of Europe? ✔ 550 thousand piqué shirts in Sweden and 3.0 million in the rest of Europe? ✔ 400 thousand shirts in Sweden and 600 thousand
Slide 4: New Wave – history
✔ 1990 • Sweden and Norway. New Wave – history ✔ 1994 • Finland and Italy. ✔ 1996 • Acquisition of Craft AB. ✔ 1997 • Denmark, Spain and Sales Germany. Result after net financial items ✔ 1998 • Acquisition of Hefa AB. ✔ 1999 • Holland and England. ✔ 2000 • France. Acquisition of Texet AB. ✔ 2001 • A
Slide 5: Vision – The Profiling business area
Vision – The Profiling business area To become Europe’s leading supplier of promotion products by offering... ✔ good products. ✔ strong trademarks. ✔ high compentence and service. ✔ a unique and complete concept for our retailers, including e- business and marketing solutions etc. The total market c
Slide 6: Range coverage
Range coverage Existing Possible New Wave Distributors Promowear Give-aways Working clothes • Shirts • Bags • Overalls • T-shirt • Gifts • Jackets • Sweatshirt • Terry towels • etc. • etc. • Pens • Calculators • Lighters • Keyrings © 2003 New Wave Group AB • etc. FULL COVERAGE VERY GOOD COVERAGE GOO
Slide 7: Owned trademarks in the Corporate Profiling business area
The following owned trademarks are distributed within the Corporate Profiling business area: © 2002 New Wave Group AB ENG 11
Slide 8: Prospective growth – The Profiling business area
Prospective growth –The Profiling business area ✔ New countries – old assortment ✔ Old and new countries – work wear ✔ Old and new countries – give-aways ✔ Widen the product range- work wear/give-aways In Europe we have introduced our concept at 5 percent of the potential market. In a larger perspec
Slide 9: Vision – The Retailing business area
Vision – The Retailing business area ✔ To become the Nordic countries’ main supplier of sports- and leisurewear. ✔ To develop Sagaform into one of Europe’s biggest brands on kitchen, china and gifts. ✔ To develop the owned trademarks Craft and Seger into international trademarks on functional sports
Slide 10: The Retailing business area
The Retailing business area These owned trademarks are distributed within the Retailing business area: ✔ – functional sportswear ✔ – basicwear, T-shirts etc, for the sports trade. ✔ – basic ware, T-shirts etc, for the everyday commodities trade. ✔ – socks, caps etc. ✔ – children’s shoes ✔ – ladies’
Slide 11: The Retailing business area
The Retailing business area The following licence or agent trademarks are distributed in Sweden: ✔ – skiing equipment ✔ – inlines ✔ – indoor bandy and skiing equipment ✔ – football clothes and equipment © 2002 New Wave Group AB 2003–2008 ENG 9
Slide 12: January–September 2005
January–September 2005 ✔ Sales: +28% to SEK 2,029 (1,590) M Profiling: +25% to SEK 1,335 (1,070) M Retailing: +33% to SEK 694 (520) M Establishments contributed with SEK 300 M ✔ Profit: SEK +0.2 M to SEK 122.4 (122.2) M Establishments contributed with SEK 15.1 M New establishments SEK -25.7 M © 2003
Slide 13: Q3 July–September 2005
Q3 July–September 2005 ✔ Sales: +47% to SEK 774 (525) M. Establishments contributed with SEK 201 M. Profiling: +35% to SEK 443 (328) M. Retailing: +68% to SEK 331 (197) M ✔ Profit: SEK 27.8 M to SEK 56.4 (28.6) M. Establishments contributed with SEK 29.7 M. Cost for new establishments SEK -8 M. Prof
Slide 14: Important events during Q3
Importent events during Q3 ✔ Large cost reductions in Orrefors KostaBoda is carried out: – These have already started to give effect. – Integration in sales departement (the Profiling business area). – Orrefors Jernverk and Boda Linnewäfveri is being established, sales begin autumn 2006. – Decision
Slide 15: Sales
Sales Mkr SEK M 700 600 500 400 300 200 100 © 2003 New Wave Group AB 0 Q1 Q2 Q3 Q4 C-119 ENG 1997 1998 1999 2000 2001 2002 2003 2004 2005
Slide 16: Profit/loss after net financial items
Profit/loss after net financial items SEK M © 2003 New Wave Group AB C-120 ENG
Slide 17: Income Statement
Income Statement 9 Months 9 Months 12 Months 12 Months JAN-SEPT JAN-SEPT JAN-DEC JAN-DEC SEK m 2005 2004 2004 2003 Net sales 2029.3 1589.9 2 302.2 1 881.9 Other income 13.9 12.8 20.0 13.5 Goods for resale -1097.7 -872.5 -1246.4 -1047.2 Gross profit 945.5 730.2 1075.8 848.2 Gross margin 45.9% 45.1% 4
Slide 18: Financial Highlights
Financial Highlights JAN - SEP JAN - SEP JAN - DEC JAN - DEC SEK M 2005 2004 2004 2003 Sales growth % 27.6 22.6 22.3 11.5 Employees per year 2 389.0 1 017.0 1 269.0 806.0 Gross profit margin % 45.9 45.1 45.9 44.4 Operating margin % 7.5 9.0 11.4 11.7 Profit marginal % 4.6 5.8 7.5 8.0 Return on shareh
Slide 19: Sales per country
Sales per country JAN–SEP JAN–SEP CHANGE COUNTRY 2005 2004 SEK M % Sweden 821 684 137 20 Benelux 219 194 25 13 Norway 174 124 50 40 Germany 148 126 22 18 Finland 126 125 1 1 Italy 117 97 20 21 Denmark 78 37 41 111 Spain 65 65 0 0 France 58 44 14 32 Switzerland 58 33 25 76 England 51 36 15 42 © 2003
Slide 20: New establishments
New establishments – Switzerland (New Wave Group SA, Craft Suisse SA) – China (large reinforcements of acquisition, sales and manufacture) – Working clothes: Projob (Finland, Denmark, Belgium, Luxemburg, Netherlands, Italy, Spain + Great Britain, Germany, Italy and France coming shortly), Jobman (No
Slide 21: OKB 2009
OKB 2009 ✔ minimum SEK1,000 m ✔ Operating result SEK 150 m, minimum 15% of sales ✔ At least 1000 employees © 2003 New Wave Group AB C-118 ENG
Slide 22: Prognosis 2005
Prognosis 2005 ✔ The important fourth quarter will be crucial for 2005 ✔ Previous forecast with increased result and sales for 2005 remains. © 2003 New Wave Group AB C-52 ENG
Slide 23: New Wave's success factors
New Wave’s success factors ✔ Economies of scale ✔ Synergies between the business areas ✔ Leads progress ✔ Good service/quality ✔ The customer is the most important ✔ The “New Wave culture” © 2003 New Wave Group AB C-34 ENG
Slide 24: Our goals
Our goals ✔ Sales: SEK 5 b. ✔ Stock value: SEK 5 b. ✔ Profit/loss before taxes: SEK 500 m. ...and without these goals, which might seem crazy now, we will not be © 2003 New Wave Group AB able to come as far as we plan to in the future! When we have reached these goals, or just before we reach them,
Slide 25: Our vision
Our vision ✔ Sales: 10 billion SEK ✔ Stock value: 10 billion SEK ✔ Profit/loss before taxes: 1 billion SEK © 2003 New Wave Group AB C-102 ENG
Slide 26: What's possible?
What’s possible? USA 40 bil. 35 bil. Asia 30 bil. 25 bil. Europe 20 bil. 15 bil. 10 bil. = VISION 5 bil. = GOAL 2,5 bil. 1 bil. 100 bil. © 2003 New Wave Group AB 0 bil. C-59 ENG
Slide 27: We hope that everybody who buys our products is a content customer
We hope that everybody who buys our products is a content customer and we want you to know that if you choose to invest in New Wave Group we promise that we will take care of your investment in the best possible way through long-term thinking, growth, stability and hard work! © 2002 New Wave Group A