Aeffe S.p.a. · MIL:AEF
Aeffe — 9M 2021 Earnings Presentation
14 slides from Aeffe's earnings presentation, Nov 11, 2021
Slide 1: AEFFE 9M 2021 Consolidated Financial Results Presentation
AEFFE 9M 2021 Consolidated Financial Results Presentation 11th November 2021
Slide 2: 9M 2021 Key Facts
9M 2021 Key Facts Consolidated Revenues at € 250.0m (+21,2% at constant exchange rates) Consolidated EBITDA at € 36.0m (14.4% of sales), compared to an EBITDA of € 8.2m (3.9% of sales) in 9M 2020, with a € 27.8m increase Net Profit at € 23.2m, compared to a Net Loss of €14.0m in 9M 2020. Net p
Slide 3: Net Sales Breakdown by Division
Net Sales Breakdown by Division(1) 9M 2021 9M 2020 (€m) (€m) % on Total Sales % on Total Sales Footwear 200 200 & Leather Footwear Goods 35% 166,8 40% & Leather 180 Goods 180 +10%* vs 9M 2020 60% 151,7 65% 160 Prêt à 160 Prêt à porter porter 140 140 61,9 109,9 120 120 63,1 +34% * vs 9M 2020 100 100
Slide 4: Net Sales Breakdown by Owned Brand
Net Sales Breakdown by Owned Brand 9M 2021 9M 2020 (€m) 199,9 (€m) % on Total Sales % on Total Sales +22.6% * 200 200 12% 180 7% Pollini 180 Pollini 9% 5%Alberta 8% Alberta 163,3 71,6 80% 5% Ferretti 79% 6% Ferretti 82% 160 5% 1% Others 160 6% 1% Others 5% Moschino Philosophy Moschino Philosophy 140
Slide 5: Net Sales Breakdown by Region
Net Sales Breakdown by Region 9M 2021 9M 2020 (€m) (€m) % on Total Sales % on Total Sales 120 120 Asia & Asia & 110 102,6 Europe 20% RoW 110 Europe RoW 32%32% 20% 30% 19% +10.3% * 7% 100 7% America 100 6% America 41% 93,0 41% 45% 90 80,7 90 +29.1%* Italy Italy 80 43,9 80 70 70 42,9 29,5 62,5 60 50,1
Slide 6: Net Sales Breakdown by Channel
Net Sales Breakdown by Channel 9M 2021 9M 2020 (€m) (€m) % on Total Sales % on Total Sales 189,4 200,0 200 +27.5% * Retail Retail 180,0 20% 180 24% 4% Royalties 4% Royalties 160,0 160 68,4 76% 148,9 72% Wholesale 140,0 140 Wholesale 120,0 120 62,2 100,0 100 56,0 80,0 80 31,1 50,8 60,0 60 50,2 +1.5%
Slide 7: Mono-brand Stores Network
Mono-brand Stores Network DOS Franchising 9M21 FY20 Europe 38 40 America Asia 103 104 Total 141 144 7
Slide 8: Income Statement – 9M 2021/2020
Income Statement – 9M 2021/2020 (€m) 8
Slide 9: Summary Balance Sheet
Summary Balance Sheet 9M 21 FY 20 9M 20 Net Working Capital 54,1 97,3 115,9 (€m) Net Tangible Assets 59,5 61,7 62,6 Net Intangible Assets 69,8 72,5 73,2 Net Intangible Assets for Rights of use - IFRS 16 89,4 100,5 102,2 Net Financial Assets 2,2 2,7 3,1 Severance Staff, Provisions & Others (3,3) (14,
Slide 10: Summary Cash Flow
Summary Cash Flow (€m) 9M 21 FY 20 9M 20 PBT 15,5 (27,6) (14,8) Operating Cash Flow 34,6 10,3 (2,3) Capital Expenditure (1,4) (5,4) (4,5) Capital Expenditure for Rights of use - IFRS 16 (0,6) (6,6) (3,2) Free Cash Flow 32,6 (1,8) (10,0) Cash Flows from Financing Activities (33,0) 13,2 15,4 Cash and
Slide 11: Appendices
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Slide 12: Income Statement – Full Year 2018-2020
Income Statement – Full Year 2018-2020 (€m) 2020A 2019A 2018A Net Sales 269,1 351,4 346,6 % change (23,4%) 0,0% 10,9% Other Rev enues 10,5 10,1 5,4 Total Revenues 279,6 361,5 352,0 % change (22,6%) 0,0% 11,2% Raw Materials Costs (107,8) (115,3) (110,3) Serv ice Costs (93,2) (108,3) (100,6) Cost for
Slide 13: Company Profile
Company Profile Organisational Structure Ownership Structure Market 32% AEFFE FASHION GROUP Chairman: Massimo Ferretti Chief Executive Officer Simone Badioli Managing Director Marcello Tassinari Aeffe Investor Relation Communication and Manager Marketing 7% Annalisa Aldrovandi Chief Information Huma
Slide 14: Disclaimer
Disclaimer This presentation is being furnished to you solely for your information on a confidential basis and may not be reproduced or redistributed to any other person. This presentation does not constitute or form part of any offer to sell or invitation to purchase or subscribe for, or otherwise