Lanvin Group Holdings Limited Ordinary Shares (LANV) Q4 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for joining us and welcome to the LongVon Group's fiscal year 2023 financial results conference call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. Please note this event is being recorded. Now, please take a moment to review the disclaimers. During this presentation, the company will be making certain forward-looking statements, including but not limited to future performance and industry outlook. Forward-looking statements are inherently subject to risks, uncertainties, and other factors, and they are not guarantees of performance. For today's presentation, I would like to introduce Eric Chan, CEO of L'Enfant Group, David Chan, Executive President and CFO of L'Enfant Group, Satarsa Shukla, Deputy CEO of L'Enfant Brand, and Sylvia Azali, the CEO of Wolford, and Andy Liu, the CEO of St. John. With that, I would like to turn it over to Mr. Eric Chan to start the presentation. Thank you for joining us today. I'm Eric Chan, the CEO of Non-Buy Group. Since joining the group in 2023, I've had the chance to meet some extraordinary people. I've always said the managers drive companies and their teams drive results. I'm thoroughly impressed by the effort of our managers and our teams to maintain the growth and continue to forge the path of profitability in a challenging market environment. For 2023, we contributed our trend of growth by achieving revenue of €426 million compared to €422 million for 2022, representing a growth of 1%. Our three-year compound annual growth since 2020 was 24%, with all our brands maintaining double-digit growth over the three-year period. Our growth profi...