Aeffe S.p.a. · MIL:AEF
Aeffe — Q1 2021 Earnings Presentation
14 slides from Aeffe's earnings presentation, May 13, 2021
Slide 1: First Quarter 2021 Consolidated Financial Results Presentation
AEFFE First Quarter 2021 Consolidated Financial Results Presentation 13th May 2021
Slide 2: 1Q 2021 Key Facts
1Q 2021 Key Facts Consolidated Revenues at € 80.1m (+5.2% at constant exchange rates); Consolidated EBITDA for € 14.1m (17.6% of sales), compared to an EBITDA of € 8.6m (11.3% of sales) in 1Q 2020, with a € 5.5m increase Net Profit for the Group at € 3.8m , compared to a Net Profit of 4 thousa
Slide 3: Net Sales Breakdown by Division
Net Sales Breakdown by Division(1) 1Q 2021 1Q 2020 (€m) (€m) % on Total Sales % on Total Sales 80 80 Footwear & Leather Footwear Goods 36% 41% & Leather Goods 59% 64% 60 52,7 Prêt à 60 Prêt à porter 54,4 porter (2.9% )* vs 1Q 2020 35,9 40 40 +17.1%* vs 1Q 2020 30.7 20 20 0 0 Prêt à porter Footwear &
Slide 4: Net Sales Breakdown by Brand
Net Sales Breakdown by Brand 1Q 2021 1Q 2020 (€m) (€m) % on Total Sales % on Total Sales 80 80 Pollini Pollini 65,4 8% Philosophy 10% Philosophy 5% 8% 6% +16.4% * 82% 5% 5% Alberta 3% Others 82% Ferretti5% 74% 7% Moschino Alberta 60 60 56,2 Ferretti Moschino 40 40 20 20 5,9 4,3 4,3 7,9 (25.2%) * 5,4
Slide 5: Net Sales Breakdown by Region
Net Sales Breakdown by Region 1Q 2021 1Q 2020 (€m) (€m) % on Total Sales % on Total Sales Asia & RoW Asia & Europe RoW Europe 22% 29% 28% 20% 6% America 6% America 40 40 43% 34,3 46% Italy 35,2 Italy (2.6%) * 22,9 +8.4%* 21,2 17,8 20 20 +14.8% * 15,5 5,1 +19.2% * 4,3 00 00 Italy Europe (1) Asia & Ro
Slide 6: Net Sales Breakdown by Channel
Net Sales Breakdown by Channel 1Q 2021 1Q 2020 (€m) (€m) % on Total Sales % on Total Sales 80,0 80 Retail Retail 15% 23% 65,0 +17.0% * 4% Royalties 4% Royalties 81% 73% 60,0 Wholesale 60 55,6 Wholesale 40,0 40 20,0 20 17,9 12,1 (32.1%) * 3,0 +9.6% * 2,7 0,0 0 Wholesale Retail Royalties Wholesale Ret
Slide 7: Mono-brand Stores Network
Mono-brand Stores Network DOS 1Q21 FY20 Europe 42 42 America 1 1 Asia 14 16 Total 57 59 Franchising 1Q21 FY20 Europe 39 40 America 0 Asia 101 104 Total 140 144 7
Slide 8: Income Statement – 1Q 2021/2020
Income Statement – 1Q 2021/2020 (€m) 1Q 21 1Q 20 Net Sales 80,1 76,2 % change 5,1% Other Revenues 1,7 2,7 Total Revenues 81,8 78,9 % change 3,7% Raw Materials Costs (27,8) (23,4) Service Costs (23,1) (26,3) Costs for use of third parties (0,7) (1,8) Personnel (15,1) (17,3) Other Operating Expenses (
Slide 9: Summary Balance Sheet
Summary Balance Sheet 1Q 21 FY 20 1Q 20 Net Working Capital 110,9 97,3 125,7 (€m) Net Tangible Assets 60,9 61,7 63,4 Net Intangible Assets 71,6 72,5 75,1 Net Intangible Assets for Rights of use - IFRS 16 96,9 100,5 106,3 Net Financial Assets 2,6 2,7 2,9 Severance Staff, Provisions & Others (16,4) (1
Slide 10: Summary Cash Flow
Summary Cash Flow (€m) 1Q 21 FY 20 1Q 20 PBT 6,9 (27,6) 1,0 Operating Cash Flow (1,0) 10,3 (11,6) Capital Expenditure (0,5) (5,4) (1,9) Capital Expenditure for Rights of use - IFRS 16 (0,5) (6,6) Free Cash Flow (2,0) (1,8) (13,5) Cash Flows from Financing Activities (5,5) 13,2 2,6 Cash and cash equi
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