AEFFE 2016 Consolidated Financial Results Presentation 9 th March - - PowerPoint PPT Presentation

▶

Oct 24, 2023 136 likes •295 views

t o t t a AEFFE 2016 Consolidated Financial Results Presentation 9 th March 2017 FY 2016 Key Facts v Consolidated Revenues +4.7% at 280.7m, (+4.4% at current exchange rates) t o t v Consolidated EBITDA for 25.2m, compared to

SLIDE 1

t

t a

AEFFE 2016 Consolidated Financial Results Presentation 9th March 2017

SLIDE 2

t

t a

FY 2016 Key Facts

v Consolidated Revenues +4.7% at € 280.7m, (+4.4% at current exchange rates) v Consolidated EBITDA for € 25.2m, compared to an EBITDA of € 19.3m in 2015, with a €5.9m increase (+30%) v Consolidated Net Profit for the Group at €3.6m, compared to a Net Profit of € 1.5m in 2015, with a €2.1m increase (+139%) v Consolidated Net Financial Debt of € 59.5m (€ 80.5m as of 31 December 2015), with a €21m improvement (-26%) v 255 Mono Brand Stores

SLIDE 3

t

t a

Net Sales Breakdown by Division(1)

55,2 24,5 44,3 21,5 59,1 26,7 48,6 23,0 20 40 60 80 100 120 140 160 180 200 220 Prêt à porter Footwear & Leather Goods

Prêt à porter Footwear & Leather Goods

59,3 23,5 47,7 21,3 56,9 26,2 51,9 24,9 20 40 60 80 100 120 140 160 180 200 220 Prêt à porter Footwear & Leather Goods

(€m) % on Total Sales

Prêt à porter Footwear & Leather Goods

FY 2016 FY 2015

69% 31%

(€m) % on Total Sales

68% 32% (1) Before inter-divisional eliminations

+4.5% * vs FY 2015 +0.2% * vs FY 2015

1Q 3 2Q

207,2 95,7 215,8 95,9

* At constant exchange rates 3Q 4Q

SLIDE 4

t

t a

8,4 4,8 49,6 7,5 5,9 4,6 2,4 45,8 6,1 2,7 6,2 4,3 52,1 9,3 4,1 4,8 1,6 50,2 6,7 3,6 20 40 60 80 100 120 140 160 180 200 Alberta Ferretti Philosophy Moschino Pollini Others

Net Sales Breakdown by Brand

7,9 3,7 45,9 7,7 5,9 4,9 2,2 41,4 6,2 2,9 7,1 2,9 53,5 8,6 5,7 4,0 1,8 45,8 6,8 3,9 20 40 60 80 100 120 140 160 180 200 Alberta Ferretti Philosophy Moschino Pollini Others

% on Total Sales +1.1% * +6.1% * +1.1% * +25.0% *

FY 2016 FY 2015

Alberta Ferretti Moschino Pollini Philosophy di Lorenzo Serafini Others 69% 7% 12% 9%

% on Total Sales

Alberta Ferretti Moschino Pollini Philisophy di Lorenzo Serafini Others 70% 6% 11% 8%

(€m) (€m)

4 1Q * At constant exchange rates 4% 11% 5%

(11.5%) * 23,9 10,6 186,6 29,3 18,4 24,0 13,1 197,7 29,6 16,3

2Q 3Q di Lorenzo Serafini di Lorenzo Serafini 4Q

SLIDE 5

t

t a

33,1 17,9 2,3 6,7 16,2 27,5 12,3 2,5 4,4 14,9 35,9 16,3 2,5 5,9 15,3 29,6 13,5 1,8 5,9 16,2 0,0 10,0 20,0 30,0 40,0 50,0 60,0 70,0 80,0 90,0 100,0 110,0 120,0 130,0 Italy Europe Russia USA RoW 32,0 16,5 2,4 5,2 15,2 25,1 12,2 2,3 4,5 13,4 35,5 15,8 2,3 6,6 17,6 27,2 12,3 2,2 5,9 14,7 0,0 10,0 20,0 30,0 40,0 50,0 60,0 70,0 80,0 90,0 100,0 110,0 120,0 130,0 Italy Europe Russia USA RoW

Net Sales Breakdown by Region

Italy Europe Russia USA RoW

% on Total Sales

Italy Europe Russia USA RoW

FY 2016 FY 2015

22% 22% 3% 45% 8%

% on Total Sales (€m) (€m)

(1) Italy and Russia excluded

+5.3% * +6.4% * (0.7%) * +2.9% * +3.2% *

21% 20% 3% 45% 8%

(1) (1)

5 1Q * At constant exchange rates

119,8 56,8 9,2 22,2 60,8 126,1 60,0 9,1 22,9 62,6

2Q 3Q 4Q

SLIDE 6

t

t a

47,4 20,4 3,4 38,2 17,8 1,5 55,1 20,0 2,7 45,1 16,1 1,1 20 40 60 80 100 120 140 160 180 200 220 Wholesale Retail Royalties

Net Sales Breakdown by Channel

55,7 18,3 2,3 43,5 15,6 2,4 53,6 19,7 2,6 48,5 16,7 1,8 20 40 60 80 100 120 140 160 180 200 220 Wholesale Retail Royalties

% on Total Sales

Wholesale Retail Royalties

FY 2016 FY 2015

3% 72%

% on Total Sales (€m) (€m)

25%

+8.3% * (4.5%) * +4.5% *

Wholesale Retail Royalties 3% 69% 28% 6 1Q * At constant exchange rates 2Q

201,3 70,3 9,1 185,8 74,3 8,7

SLIDE 12

t

t a

Company Profile

IM Fashion 24% Aeffe 5% Tullio Badioli 6% Market 28% Fratelli Ferretti Holding 37%

N° of shares outstanding: 107,362,504 Italian Stock Exchange – STAR Segment Specialist: Mediobanca S.p.A. Tickers: AEF IM (Bloomberg) AEF MI (Reuters), AEF (Borsa Italiana) Investor Relations AEFFE S.p.A Annalisa Aldrovandi +39 0541 965494 annalisa.aldrovandi@aeffe.com www.aeffe.com

(1) Source: Consob as of 9 March 2017

Prêt-à-porter division Footwear and leather goods division Aeffe Fashion Group Chairman: Massimo Ferretti CEO: Simone Badioli Managing Director/CFO Marcello Tassinari Investor Relation Manager Annalisa Aldrovandi Human Resources Fausto Bacchini Communication and Marketing Carlo Mengucci IT Diego Picciani, Giorgio Bruzzesi Chief Executive Officer VELMAR Luca Gori Style Product Sales Style Finance and Administratio n Sales Retail Chief Executive Officer AEFFE Simone Badioli Style Finance and Administratio n Sales Product Planning and Production Retail Chief Executive Officer POLLINI Simone Badioli Style Finance and Admin. Sales Product Planning and Production Retail Planning and Production MOSCHINO Gabriele Maggio Chief Executive Officer Simone Badioli

Organisational Structure Ownership Structure

(1)

Share Information Investor Relations

SLIDE 13

t

t a

Income Statement – Full Year 2014-2016

(€m)

SLIDE 14

t

t a

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 acquire or dispose of any Aeffe S.p.A. securities. This presentation includes forward-looking statements which are based on the Company’s management’s current views with respect to future events and financial and operational performance of the Company and its subsidiaries. These forward-looking statements are subject to risks and uncertainties. In light of these risks and uncertainties, the events described in such forward-looking statements may not occur and any targets or projections may differ materially from those expressed in or implied by these statements due to any number of different factors. You are cautioned not to place undue reliance on the forward-looking statements contained herein, which are made only as of the dater of this presentation. Aeffe S.p.A. does not undertake any obligation to publicly release any updates or revisions to any forward- looking statements to reflect events or circumstances after the date of this presentation. Any reference to past performance or trends or activities of Aeffe Group shall not be taken as a representation or indication that such performance, trends or activities will continue in the future.