Nelly Group Ab · OMXSTO:NELLY
Nelly Group Ab — Qliro Group — Q3 2016 Earnings Presentation
15 slides from Nelly Group Ab's earnings presentation, Oct 20, 2016
Slide 1: Third Quarter 2016
Third Quarter 2016 October 20, 2016 qlirogroup.com
Slide 2: Highlights
Highlights Third quarter and first nine months 2016 Gross margin increased by 3 percentage points Qliro Financial Services operating revenue grew strongly with 113% and profit before tax reached break-even in the quarter Nelly significantly improved operating income with SEK 10m for the quarte
Slide 3: Business Segments
BUSINESS SEGMENTS Marcus Lindqvist, CEO qlirogroup.com 3
Slide 4: CDON Marketplace
CDON Marketplace Third quarter and first nine months 2016 Q3 16 Q3 15 Growth YTD 16 YTD 15 Growth Marketplace external merchant sales up 75% GMV, external, SEKm 1 84.3 48.1 75% 194.5 135.0 44% Adlibris partnership launched, affecting net Total GMV, SEKm 1 410.5 430.5 -5% 1,269.9 1,271.4 0% sales
Slide 5: Nelly
Nelly Third quarter and first nine months 2016 Q3 16 Q3 15 Growth YTD 16 YTD 15 Growth Sales up 2% in the quarter Sales in core Nordic market increased by 6% Net Sales, SEKm 252.5 246.5 2% 851.5 838.6 2% Significant Ebit improvement EBITDA, SEKm 7.0 -7.4 20.6 -9.9 Increased private label sal
Slide 6: Gymgrossisten
Gymgrossisten Third quarter and first nine months 2016 Q3 16 Q3 15 Growth YTD 16 YTD 15 Growth Higher product margin compensated for slightly lower sales Net Sales, SEKm 192.8 197.1 -2% 609.7 648.5 -6% Increased Ebitda margin compared to last year EBITDA, SEKm 1 13.3 13.3 44.1 44.4 Bodystore,
Slide 7: Lekmer
Lekmer Third quarter and first nine months 2016 Q3 16 Q3 15 Growth YTD 16 YTD 15 Growth Q3 sales up 3% in the quarter compared to last year Net Sales, SEKm 89.0 86.6 3% 276.3 278.7 -1% Average shopping basket grew by 14% Regained good delivery quality and high customer ratings EBITDA, SEKm 1 -
Slide 8: Qliro Financial Services
Qliro Financial Services Third quarter and first nine months 2016 Total operating income up by 113% in Q3 and Q3 16 Q3 15 Growth YTD 16 YTD 15 Growth 125% during first nine months EBTDA, SEKm 4.5 -4.9 1.3 -25.2 Earnings continuously improving, reached break-even before tax in the quarter EBT, SE
Slide 9: Financials
FINANCIALS Mathias Pedersen, CFO qlirogroup.com 9
Slide 10: Income Statement
Income Statement Third quarter and first nine months 2016 2016 2015 2016 2015 (SEK million) Q3 Q3 Jan-Sep Jan-Sep Net sales for the quarter slightly lower than Excluding discontinued operations and last year items affecting comparability Net sales 917.1 930.3 2945.1 2943.0 Gross margin improved
Slide 11: Cash Flow
Cash Flow Third quarter and first nine months 2016 2016 2015 2016 2015 (SEK million) Q3 Q3 Jan-Sep Jan-Sep Sale of Tretti brought approximately SEK 190m Cash flow from operating activities -19.5 -34.4 -61.5 -72.5 in net cash Changes in working capital -51.3 -15.7 -197.8 -147.2 Cash flow from opera
Slide 12: Financial Position
Financial Position Third quarter and first nine months 2016 2016 2015 (SEK million) 30-sep 30-sep Tretti deconsolidated Total non-current assets 622.6 864.1 Inventories 569.9 691.0 Reduced inventory levels Loans to the public in QFS 606.7 337.6 Continued loan book expansion in Qliro Non-intere
Slide 13: Summary
SUMMARY Marcus Lindqvist, CEO qlirogroup.com 13
Slide 14: Forward Looking Statement
Forward Looking Statement Third quarter and first nine months 2016 Strategy review initiated, as well as a review of operational structure. To be completed by year-end Qliro Group will review and define new operational and financial targets Current target is to grow with or above that of the m
Slide 15: Thank you!
Thank you! Next report: 25th January 2017 nasdaq symbol QLRO follow us on twitter @qlirogroup Qliro Group AB (publ.) Qliro Group AB (publ), PO Box 195 25, SE-104 32, Stockholm, Sweden | Visiting address: Sveavägen 151, SE-113 46, Stockholm qlirogroup.com Corp. Reg. No. 556035-6940 | Corporate Domici