Aeffe S.p.a. · MIL:AEF
Aeffe — H1 2015 Earnings Presentation
15 slides from Aeffe's earnings presentation, Jul 30, 2015
Slide 1: AEFFE First Half 2015 Results Presentation
AEFFE First Half 2015 Results Presentation 30, July 2015
Slide 2: 1H 2015 Key Facts
1H 2015 Key Facts Consolidated Revenues +6.3% at € 128.7m, (+4.4% at constant exchange rates) Consolidated EBITDA for € 9.8m, compared to an EBITDA of € 12.6m in 1H 2014, with a €2.8m decrease Consolidated Net Profit for the Group at €0.03m, compared to a Net Profit of € 0.15m in 1H 2014, Consolidat
Slide 3: Net Sales Breakdown by Division
Net Sales Breakdown by Division(1) 1H 2015 1H 2014 (€m) 99.5 (€m) % on Total Sales % on Total Sales +2.5% * vs 1H 2014 100 100 94.8 Footwear & Leather Footwear Goods 90 90 28% 32% & Leather Goods 80 80 68% 72% 44,3 Prêt à 42,1 Prêt à porter porter 70 70 60 60 46.0 50 50 +22% * vs 1H 2014 40 37.7 40
Slide 4: Net Sales Breakdown by Brand
Net Sales Breakdown by Brand 1H 2015 1H 2014 (€m) (€m) 87.3 % on Total Sales % on Total Sales 90 +14.0% * 90 Pollini 12%Pollini 11% Philosophy Philosophy 80 13% 4% 80 7% 75.3 Others 7% Others 9% 68% 62% 70 Alberta 10% Alberta 70 9% Ferretti 41,4 Ferretti Moschino 60 60 Moschino 36,3 50 50 40 40 30 3
Slide 5: Net Sales Breakdown by Region
Net Sales Breakdown by Region 1H 2015 1H 2014 (€m) (€m) % on Total Sales % on Total Sales 57.1 60,0 60 +8.0% * Russia USA Russia USA Japan Japan 4% 8% 8% 6% 3% 3% 52.9 22% 19% 23% 16% Europe RoW Europe RoW 50,0 50 44% 44% 25,1 Italy Italy 40 24,0 40,0 28.7 30,0 (0.4%) * 30 28.4 24.6 +21.6% * 12,2 11
Slide 6: Net Sales Breakdown by Channel
Net Sales Breakdown by Channel 1H 2015 1H 2014 (€m) (€m) % on Total Sales % on Total Sales 85.6 79.3 90 80 +6.1% * Retail 30% Retail 29% 80 70 4% Royalties 6% Royalties 70 66% 34,2 65% 38,2 60 Wholesale Wholesale 60 50 50 38.2 40 +8.3% * 34.5 40 30 30 17,8 15,6 45,1 47,4 20 20 4.9 10 18,9 7.3 10 20,
Slide 7: Mono-brand Stores Network
Mono-brand Stores Network DOS Franchising 7
Slide 8: Income Statement – 1H 2015/2014
Income Statement – 1H 2015/2014 (€m) 8
Slide 9: Summary Balance Sheet
Summary Balance Sheet (€m) Net Working Capital Net Tangible Assets Net Intangible Assets Net Financial Assets Severance Staff, Provisions & Others Net Capital Employed Group Shareholders’ Equity Minorities Shareholders’ Equity & Minorities Net Debt Shares Buyback Net Financial Debt and Shareholders’
Slide 10: Summary Cash Flow
Summary Cash Flow (€m) 1H 15 FY 14 1H 14 PBT 1,7 6,1 2,7 Operating Cash Flow (8,7) 16,9 4,1 Capital Expenditure (4,3) (6,6) (2,8) Free Cash Flow (13,0) 10,3 1,3 Cash Flows from Financing Activities 14,3 (11,1) (3,2) Cash and cash equivalents at the beginning of the year 6,7 7,5 7,5 Cash Flow of the
Slide 11: Appendices
Appendices
Slide 12: Company Profile
Company Profile (1) Organisational Structure Ownership Structure Aeffe Fashion Group Chairman: Massimo Ferretti IM Fashion CEO: Simone Badioli 24% Tullio Chief Executive Officer Badioli Simone Badioli 5% General Manager/CFO Marcello Tassinari Aeffe 5% Investor Relation Communication and Manager Mark
Slide 13: Cash Flow Statement
Cash Flow Statement (em) jenn eee eee n ee , WH15 | FY 14 1H14 PBT Wo 61 2,7 Depreciation & Amortisation | 6,3 13,7 6,3 Provisions & Impairments ' (1,5) i 0,5 (0,6) Taxes (1,4) (3,6) (2,1) Net Interest 1,7 59 3,5 Change in other liabilities / (assets) (15,5) (5,7) (5,8) Operating Cash Flow (8,7) 17,
Slide 14: Income Statement – Full Year 2012-2014
Income Statement – Full Year 2012-2014 (€m) 14
Slide 15: Important Information
Important Information The information provided in this presentation is being furnished to you solely for your information on a confidential basis. Neither this document nor any copy thereof may be reproduced or redistributed. Persons into whose possession the content of this presentation come should