Slide 1: Interim Report January – September
ave Gr “9091 Tnterem Report January - Sepremiber
Slide 2: New Wave Group is a growth group that designs, acquires and develops brands
NWG / / THE WORLD Sales acitivity in own subsidiary New Wave Group is a growth group that designs, acquires and develops brands. To ensure good risk diversification, the Group will market its products in Own purchasing offices the promo market and the retail market. 2
Slide 3: Segments and sales channels
NWG // S E G M E N T S A N D S A L E S C H A N N E L S Our brands are categorized according to which of our three operating segments it belongs to: Corporate, Sports & Leisure or Gifts & Home Furnishings. The brands are distributed in both the promo market and the retail market to achieve good risk
Slide 4: Peers to New Wave: Corporate
NWG // T H E S E G M E N T S Peers to New Wave Almost all Swedish major competitors are Business included in other listed Swedish companies area Latour Own for instance Snickers, Fristads, Kansas, Dunderdon and more. They are the biggest Nordic competitor in workwear to NWG. Storskogen Owns Båstadsg
Slide 5: Peers to New Wave: Sports & Leisure
NWG // T H E S E G M E N T S Peers to New Wave Business Most of our competitors / colleagues are companies area significantly larger than us. Competitors in Sweden: Björn Borg, Fenix Outdoor. Significantly larger competitors: Adidas, Puma, Nike, Under Armour Sports & Leisure accounted for 42% 42% of
Slide 6: The Segments
NWG // T H E S E G M E N T S 6
Slide 7: The Segments
NWG // T H E S E G M E N T S 7
Slide 8: The Segments
NWG // T H E S E G M E N T S 8
Slide 9: Peers to New Wave: Gifts & Home Furnishings
NWG // T H E S E G M E N T S Peers to New Wave Business The most similar listed companies to New Wave Group are: area Fiskars who own Royal Copenhagen, Iittala, Arabida, Hackman, Rörstrand and more. Gifts & Home Furnishings accounted for 13% 13% of NWG Net sales 2021-09. 9
Slide 10: The Quarter
NWG // T H E Q U A R T E R 10
Slide 11: The quarter
NWG // THE QUARTER The quarter Net sales continue to have positive development. Recovery mainly in the US, the Nordic countries but also in Central- and South Europe. Both sales channels are increasing Operating result improved by SEK 84,8 million compared to the previous year and amounted to SEK 26
Slide 12: July - September
NWG // F I N A N C I A L I N F O R M A T I O N July - September 12
Slide 13: July–September 2021 sales
NWG // F I N A N C I A L I N F O R M A T I O N 2021 1 800 1 600 • Sales amounted to SEK 1,663.5 (1 470,1) million 1 400 748.3 1 200 • Sales increased by 13% (14% in local 613.7 currencies) 1 000 • Promo sales channel increased by 7%, 800 retail increased by 22% 600 400 915.2 856.5 200 0 Q3 -2021 Q3
Slide 14: Q3 results by segment
NWG // F I N A N C I A L I N F O R M A T I O N 900 800 3.7 6.1 700 600 500 563.3 400 681.7 703.8 438.8 300 200 181.3 168.7 100 199.5 122.7 0 34.1 30.0 Q3 -2021 Q3 -2020 Q3 -2021 Q3 -2020 Q3 -2021 Q3 -2020 14
Slide 15: Q3 sales by region and segment
NWG // F I N A N C I A L I N F O R M A T I O N Corporate Sports & Leisure Gifts & Home Total Furnishings SEK million Jul - Sep Jul - Sep Jul - Sep Jul - Sep Jul - Sep Jul - Sep Jul - Sep Jul - Sep Change 2021 2020 2021 2020 2021 2020 2021 2020 % USA 46.0 44.3 321.4 201.9 14.4 9.6 381.8 255.8 49% Swe
Slide 16: Q3 income statement
NWG // F I N A N C I A L I N F O R M A T I O N SEK million Jul – Sep Jul – Sep 2021 2020 2021 Net sales 1663.5 1 470.1 • Gross profit margin amounted to 48.3 (42.8)% Goods for resale -860.4 -843.9 ― Higher margin for all segments Gross profit 803.1 48.3% 626.2 42.6% • External costs and personnel co
Slide 17: Q3 segment commentary
NWG // F I N A N C I A L I N F O R M A T I O N 2021 Corporate ― Higher net sales in all regions except 160 Other countries due to less trading 139.8 business 140 ― Improved gross profit margin Q3 – 2021 120 85.4 72.1 89.9 Sports & Leisure 100 ― Increased sales in all regions except Central Europe 80
Slide 18: Q3 cash flow
NWG // F I N A N C I A L I N F O R M A T I O N SEK million Jul – Sep Jul – Sep 2021 2020 Cash flow from operating activities before changes in working capital 282.8 218.9 Change in working capital -41.0 64.3 Cash flow from operating activities 241.8 283.2 Investing activities -33.0 -8.6 Cash flow af
Slide 19: Equity, equity ratio and net debt
NWG // F I N A N C I A L I N F O R M A T I O N 30 Sep 30 Sep 2021 2020 SEK million Equity 4 452,3 3 860,3 Equity ratio, % 60,0 49,0 Net debt, SEK million 1 119,3 2 396,4 Net debt to credit institutes, SEK million 426,7 1 629,8 Equity per share, SEK 66,99 58,02 19
Slide 20: Rolling 12 months income statement
NWG // F I N A N C I A L I N F O R M A T I O N SEK million Rolling 12 months 2021 Net sales 6 285.1 Goods for resale -3 293.6 • Continuing rising operating margin now Gross profit 2 991.5 47.6% amounting to 14.1% Other operating income 117.2 External costs -1 002.4 Personnel costs -975.4 Depreciatio
Slide 21: January - September
NWG // F I N A N C I A L I N F O R M A T I O N January - September x 21
Slide 22: January–September 2021 sales
NWG // F I N A N C I A L I N F O R M A T I O N 2021 5 000 4 500 • Sales amounted to SEK 4,411.9 4 000 (4,225.6) million 3 500 1 834.9 1 529.4 • Sales increased with 4% (9% in local 3 000 currencies) 2 500 • Promo sales channel decreased 4%, 2 000 retail increased 20% 1 500 2 577.0 2 696.2 1 000 500
Slide 23: Nine-month results by segment
NWG // F I N A N C I A L I N F O R M A T I O N 2 500 15.6 12.3 2 000 1 500 1 365.7 2 235.8 1 000 1 954.2 1 110.8 500 456.9 403.0 505.6 374.5 0 117.1 85.8 Jan - sep 2021 Jan - sep 2020 Jan - sep 2021 Jan - sep 2020 Jan - sep 2021 Jan - sep 2020 23
Slide 24: Nine-month sales by region and segment
NWG // F I N A N C I A L I N F O R M A T I O N Corporate Sports & Leisure Gifts & Home Total Furnishings SEK million Jan - Sep Jan – Sep Jan - Sep Jan – Sep Jan - Sep Jan – Sep Jan - Sep Jan – Sep Change 2021 2020 2021 2020 2021 2020 2021 2020 % USA 130.1 126.1 797.7 631.5 36.6 33.0 964.4 790.7 22%
Slide 25: Nine-month income statement
NWG // F I N A N C I A L I N F O R M A T I O N SEK million Jan – Sep Jan – Sep 2021 2020 2021 Net sales 4 411.9 4 225.6 • Gross profit margin amounted to 48.2 (41.9)% Goods for resale -2 286.0 -2 453.8 ― Large share of trading shipments last year Gross profit 2 125.9 48.2% 1 771.7 41.9% • External c
Slide 26: Nine-month segment commentary
NWG // F I N A N C I A L I N F O R M A T I O N 2021 Corporate 350 303.1 ― Lower net sales ― Decreased sales in Southern Europe 300 254.2 and Other countries due to less trading Jan-Sep 2021 250 business 209.1 Jan-Sep 2021 ― Higher gross profit margin 200 Jan-Sep 2020 Sports & Leisure 150 ― Increased
Slide 27: Nine-month cash flow
NWG // F I N A N C I A L I N F O R M A T I O N SEK million Jan - Sep Jan – Sep 2021 2020 Cash flow from operating activities before changes in working capital 588.9 331.8 Change in working capital 205.3 317.3 Cash flow from operating activities 794.2 649.1 Investing activities -72.1 -50.3 Cash flow
Slide 28: CEO comments: July–September and January–September
NWG // C E O C O M M E N T S July – September • Sales growth of 14% in local currencies. • It is likely that we take a significant share of the market. • The operating margin amount to 15.7%. A fantastic result! • The equity to asset ratio amount to 60.0%, and it provides a very strong foundation, a
Slide 29: CEO comments: Craft and The Future
NWG // C E O C O M M E N T S Craft • Strong growth in pre-orders • Growth on all markets and product segments • We can succeed quickly in new segments • We have fantastic growth with shoes. Our spring collection has now been introduced to the retail chain Fleet Feet in the USA. The Future Torsten Ja
Slide 30: NWG //
NWG // We strive to make everyone who buys our products a happy customer. [f you choose to incest in New Wave Group we want you to know that we pronase to take care of your investment in the best possible way we can through long term thinking, growth, stability and hard work!
Slide 31: NWG //
NWG // 31