Market change we accelerate our transformation Amer Sports Roadshow June 2017 Heikki Takala, President and CEO

Size: px
Start display at page:

Download "Market change we accelerate our transformation Amer Sports Roadshow June 2017 Heikki Takala, President and CEO"

Transcription

1 Market change we accelerate our transformation Amer Sports Roadshow June 2017 Heikki Takala, President and CEO

2 Glidepath : We built Amer Sports from 1.5 to 2.5 B Sales ~2.5B Sales ~1.5B June 2017 Amer Sports Roadshow June 2017

3 2015 raised ambition: New glidepath to 3.5 B - accelerated investment Sales >3.5B Sales ~2.5B Sales ~1.5B June 2017 Amer Sports Roadshow June 2017

4 Through 2016 we reached several milestones Softgoods 1 B 300 m B2C 200+ m 20 m USA 1+ B$ 650 m$ China 100+ m 11 m Gross Margin 46+% 40% WSE Proven model challenged Baseball Sales x2 since June 2017 Amer Sports Roadshow June 2017

5 December 2016 gap vs glidepath Sales >3.5B Sales ~2.5B Sales ~1.5B June 2017 Amer Sports Roadshow June 2017

6 New context: the market is changing In 2016, US wholesale slowed down significantly. Into 2017, the consumer is active, but the wholesale market remains prudent. Consumer driven transformation is a must. We are accelerating the transformation of our business models: investment for Sustainable Profitable Growth. 6 9 June 2017 Amer Sports Roadshow June 2017

7 What s working Consumer is active and engaged: B2C growth 25+%, e- commerce 40+%, same store growth 7% Our own building blocks are working: successful e-commerce and own retail expansion, China, Apparel Winter Sports Equipment market healthier Connected devices: Precor early positive signs as the new products & services gain traction in the market. Suunto pipeline in place for Q2-Q3. Broad-based market share gains 7 9 June 2017 Amer Sports Roadshow June 2017

8 Core pipeline is robust 8 9 June 2017 Amer Sports Roadshow June 2017

9 Palo Alto Vancouver 9 9 June 2017 Amer Sports Roadshow June 2017

10 Amer Sports omnichannel transformation completed 1. Be found online 2. Win at winning accounts 3. Specialist focus 4. Accelerate B2C 5. Exceptional consumer experience 10 9 June 2017 Amer Sports Roadshow June 2017

11 What s not working and what we are doing about it What s not working: i) US wholesale market soft ii) Opex: Need to invest upfront into omni-channel and digitalization, anticipating accelerating consumer-driven transformation. Our plan: i) Push harder what s working, and pace the growth in the challenging areas ii) Re-prioritize and right-size Opex investment iii) Eliminate legacy spend faster through restructuring, and drive faster scale & synergy 11 9 June 2017 Amer Sports Roadshow June 2017

12 Outlook for 2017 In 2017, Amer Sports net sales in local currencies are expected to increase from 2016, despite short-term market softness. EBIT excl. IAC is expected to be approximately at the level of The growth in 2017 is expected to be biased to the second half of the year. EBIT excl. IAC includes further accelerated investment into the company s transformation toward omnichannel and digital to win in the fast changing market place. The company will continue to focus on growing the core business and the five prioritized areas: Apparel and Footwear, US, China, Business to Consumer, as well as digitally connected devices and services June 2017 Amer Sports Roadshow June 2017

13

14 APPENDIX

15 In Q1, we had solid growth despite the challenging market Net sales EUR million (635.5), +2%* Good progress in Apparel, own retail, e-commerce, China, and Winter Sports Equipment; Fitness starting to rebound. Gross margin 45.3% (47.4): less favorable USD hedges EBIT excl. IAC EUR 38.2 million (46.0) Investments into the company s transformation continued Free cash flow EUR 53.9 million (32.8) * In local currencies 15 9 June 2017 Amer Sports Roadshow June 2017

16 Net sales by Business Unit MEUR Q1/2017 Q1/2016 Ch % Ch %* 2016 Footwear Apparel Winter Sports Equipment Cycling Sports Instruments Individual Ball Sports Team Sports Fitness *In local currencies 16 9 June 2017 Amer Sports Roadshow June 2017

17 Net sales and EBIT breakdown NET SALES (MEUR) Q1/ Q4/ 2016 Q3/ 2016 Q2/ 2016 Q1/ Q4/ 2015 Q3/ 2015 Q2/ 2015 Q1/ 2015 Outdoor , , Ball Sports Fitness Total , , EBIT (MEUR) Q1/ 2017* 2016* Q4/ 2016* Q3/ 2016* Q2/ 2016 Q1/ 2016* 2015* Q4/ 2015 Q3/ 2015 Q2/ 2015* Q1/ 2015* Outdoor Ball Sports Fitness Headquarters Total * Excl. IAC 17 9 June 2017 Amer Sports Roadshow June 2017

18 Net sales by region Q1/ Q4/ Q3/ Q2/ Q1/ Q4/ Q3/ Q2/ Q1/ MEUR EMEA , , Americas , , Asia Pacific Total , , June 2017 Amer Sports Roadshow June 2017

19 Sales development by region in Q1/2017 EMEA Americas APAC Total MEUR Ch, %* MEUR Ch, %* MEUR Ch, %* MEUR Ch, %* Outdoor Ball Sports Fitness Total * Change in local currencies Outdoor Ball Sports Fitness Total 16% 59% 12% 20% 17% 20% 14% 44% 25% % % % 68% EMEA Americas APAC 19 9 June 2017 Amer Sports Roadshow June 2017

20 Foreign currency translation difference EUR million Q Q Business Area Reported Reported Local Currency Translation Difference Footwear Apparel , Winter Sports Equipment Cycling Sports Instruments Outdoor Individual Ball Sports Team Sports Ball Sports Fitness Total June 2017 Amer Sports Roadshow June 2017

21 Free cash flow Q1-14 Q2-14 Q3-14 Q4-14 Q1-15 Q2-15 Q3-15 Q4-15 Q1-16 Q2-16 Q3-16 Q4-16 Q Free cash flow: Cash flow from operating activities - net capital expenditures change in restricted cash (Net capital expenditures: Total capital expenditure less proceeds from sale of assets) June 2017 Amer Sports Roadshow June 2017

22 Next 12 months net cash flows and related hedges, main FX pairs Main FX pairs Hedge % Next 12mth flow (EURm) ECB Fixing rate (@ ) Hedge FX 17 Hedge FX 18 USD purchases against EUR 100% USD sales against EUR 100% GBP sales against EUR 100% CHF sales against EUR 100% USD (net)purchases against CAD 100% June 2017 Amer Sports Roadshow June 2017

23 Balance sheet EUR million Mar. 31, 2017 Mar. 31, 2016 Dec. 31, 2016 Net debt Shareholder s equity ,003.1 Capital employed 1, , ,539.1 Working capital Capital turnover 1.77X 1.86X 1.77x ROCE, % Net debt/ebitda LTM Net debt/equity Equity ratio, % June 2017 Amer Sports Roadshow June 2017

24 Contact information Heikki Takala, President and CEO Tel Jussi Siitonen, CFO Tel Päivi Antola, Director, Corporate Communications and IR Tel June 2017 Amer Sports Roadshow June 2017

25 Disclaimer Statements in this presentation, which are not historical facts, such as expectations, anticipations, beliefs and estimates, are forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of Such statements involve risks and uncertainties which may cause actual results to materially differ from those expressed in such forward-looking statements. Amer Sports assumes no responsibility to update any of the forward-looking statements contained herein. No representation or warranty, express or implied, is made or given by or on behalf of Amer Sports or its employees or any other person as to the accuracy, completeness or fairness of the information or opinions contained in this presentation June 2017 Amer Sports Roadshow June 2017

26

Annual results 2017 and strategy update. 09 March 2018

Annual results 2017 and strategy update. 09 March 2018 Annual results 2017 and strategy update 09 March 2018 Agenda 1. Highlights & Group performance 2017 2. Strategy update 3. Outlook 2018 March 9, 2018 Accell Group N.V. presentation annual results 2017 1

More information

Half year results Accell Group 2017

Half year results Accell Group 2017 Half year results Accell Group 2017 Hielke Sybesma, Interim CEO & CFO Jeroen Snijders Blok, COO Jeroen Both, CSCO July 21, 2017 Agenda 1. Key results H1 2017 2. Strategy 3. Outlook July 21, 2017 Accell

More information

Annual results Accell Group 2016

Annual results Accell Group 2016 Annual results Accell Group 2016 Amsterdam, 10 March 2017 René J. Takens, CEO Hielke H. Sybesma, CFO Agenda 1. Key results 2016 2. Strategy 3. Outlook 10 March 2017 Accell Group N.V. presentation annual

More information

Presentation half-year results 2012

Presentation half-year results 2012 Presentation half-year results 2012 Okura Hotel, Amsterdam 26 July 2012 René J. Takens, CEO Hielke H. Sybesma, CFO Jeroen M. Snijders Blok, COO Agenda 1. Accell Group in H1 2012 2. Accell Group share 3.

More information

Interim report Q November 2017

Interim report Q November 2017 Interim report Q3 2017 14 November 2017 1 Highlights Q3 2017 Positive developments in core business and Hartmann Technology Revenue grew due to technology sales and higher volumes Profitability impacted

More information

Interim report Q Conference call, 30 August 2017 CEO Ulrik Kolding Hartvig CFO Marianne Rørslev Bock

Interim report Q Conference call, 30 August 2017 CEO Ulrik Kolding Hartvig CFO Marianne Rørslev Bock Interim report Q2 2017 Conference call, 30 August 2017 CEO Ulrik Kolding Hartvig CFO Marianne Rørslev Bock 1 Highlights Higher volumes outweighed by phasing in Hartmann Technology Group revenue declined

More information

General Meeting of Shareholders

General Meeting of Shareholders General Meeting of Shareholders Heerenveen, 20 April 2006 1 Agenda Accell Group in 2005 Share price Financials Outlook 2 Further growth Turnover + 8%, organic turnover growth 5% Accell exceeded the top

More information

Accell Group. power in branding and distribution. Business profile. René Takens (CEO) Two segments: - Bicycles, Bicycle Parts & Accessories - Fitness

Accell Group. power in branding and distribution. Business profile. René Takens (CEO) Two segments: - Bicycles, Bicycle Parts & Accessories - Fitness Accell Group power in branding and distribution Brussels/Antwerp, René Takens (CEO) Wouter de Vreeze (Manager M&A/IR) 1 Business profile Two segments: - Bicycles, Bicycle Parts & Accessories - Fitness

More information

Pacific Sunwear. 35th Annual Bank of America Consumer Conference

Pacific Sunwear. 35th Annual Bank of America Consumer Conference Pacific Sunwear 35th Annual Bank of America Consumer Conference Safe Harbor Disclaimer This presentation will include forward looking statements within the meaning of the safe harbor provisions of Federal

More information

Europe June Craig Menear. Chairman, CEO & President. Diane Dayhoff. Vice President, Investor Relations

Europe June Craig Menear. Chairman, CEO & President. Diane Dayhoff. Vice President, Investor Relations Europe June 2016 Craig Menear Chairman, CEO & President Diane Dayhoff Vice President, Investor Relations Forward Looking Statements and Non-GAAP Financial Measurements Certain statements contained in today

More information

Solid results first half year 2004 Accell Group

Solid results first half year 2004 Accell Group Solid results first half year 2004 Accell Group René Takens (CEO), Hielke Sybesma (CFO) Amsterdam, 21 July 2004 1 Business goes well Autonomous Strong positioning of Accell Group s brands Effective marketing

More information

CHAIRMAN S LETTER 1 INTRODUCTION 3 2 PROFILE AEGON PROFILE REPORT SCOPE 5

CHAIRMAN S LETTER 1 INTRODUCTION 3 2 PROFILE AEGON PROFILE REPORT SCOPE 5 CONTENTS CHAIRMAN S LETTER 1 1 INTRODUCTION 3 2 PROFILE 4 2.1 AEGON PROFILE 4 2.2 REPORT SCOPE 5 3 ECONOMIC PERFORMANCE 6 3.1. POLICYHOLDERS 6 3.2. EMPLOYEES 6 3.3. CAPITAL PROVIDERS 7 3.4. SUPPLIERS AND

More information

Half year results Accell Group N.V.

Half year results Accell Group N.V. Half year results Accell Group N.V. René Takens (CEO), Hielke Sybesma (CFO), Jeroen Snijders Blok (COO) Amsterdam, 1 Agenda Summary results Accell Group in 1st half year 2005 Share Accell Group Financial

More information

Regulatory Update. April 2017

Regulatory Update. April 2017 Regulatory Update April 2017 Disclaimer This Presentation has been prepared by ADMIE Holding and is a presentation of general background information about ADMIE (IPTO) S.A. regulatory issues provided solely

More information

Preliminary Unaudited Financial Results for 2016

Preliminary Unaudited Financial Results for 2016 REGULATORY ANNOUNCEMENT March 9 th, 2017 Fortuna Entertainment Group N.V. Preliminary Unaudited Financial Results for 2016 Amsterdam - Fortuna Entertainment Group N.V. announces its preliminary unaudited

More information

Dunlop Sports Co. Ltd.

Dunlop Sports Co. Ltd. Dunlop Sports Co. Ltd. (Stock Code :7825 Tokyo Stock Exchange) Second Quarter of FY Financial Results Briefing Material August 7, First Half Earnings Summary of Consolidated Financial Results Overseas

More information

Web.com Completes Acquisition of Yodle Deal strengthens Web.com s portfolio of products that help small businesses compete and succeed online

Web.com Completes Acquisition of Yodle Deal strengthens Web.com s portfolio of products that help small businesses compete and succeed online Web.com Group, Inc. 12808 Gran Bay Parkway West Jacksonville, FL 32258 T: (904) 680-6600 F: (904) 880-0350 NASDAQ: WEB Web.com Completes Acquisition of Yodle Deal strengthens Web.com s portfolio of products

More information

Fact Sheet for Q3 and January-September 2012 October 24, 2012

Fact Sheet for Q3 and January-September 2012 October 24, 2012 Fact Sheet for Q3 and January-September 2012 October 24, 2012 Contents Daimler Group Stock Market Information 3 Earnings and Financial Situation 4-13 Information for Divisions Mercedes-Benz Cars 14-17

More information

Normet Group Financial Statements 2017

Normet Group Financial Statements 2017 Normet Group Financial Statements EXECUTIVE SUMMARY Overall market outlook continue developing positively both in mining and tunneling. Strong demand seen on both industries and improving trend continue

More information

Outlook for airline markets and industry performance

Outlook for airline markets and industry performance Outlook for airline markets and industry performance June 2016 Brian Pearce Chief Economist International Air Transport Association % change over previous year Confidence index. 50 = no change The already

More information

A record Quarter and Year for the Group

A record Quarter and Year for the Group 14 January 2019 2018 and FY18 Trading Update Steve Ingham Kelvin Stagg Chief Executive Officer Chief Financial Officer A record Quarter and Year for the Group LSE: PAGE.L Website: http://www.page.com/investors

More information

SAFE HARBOR STATEMENT

SAFE HARBOR STATEMENT SAFE HARBOR STATEMENT Except for the historical information contained herein, this presentation contains forward-looking statements that involve known and unknown risks, uncertainties and other unknown

More information

Presentation first-half results 2010

Presentation first-half results 2010 Presentation first-half results 2010 Okura Hotel, Amsterdam 23 July 2010 René J. Takens, CEO Hielke H. Sybesma, CFO Jeroen M. Snijders Blok, COO Agenda 1. Accell Group in H1 2010 2. Segments and countries

More information

Q PRESENTATION 18 OCTOBER 2018

Q PRESENTATION 18 OCTOBER 2018 Q3 2018 PRESENTATION 18 OCTOBER 2018 Group Highlights Q3 2018 Very strong growth in revenue and operating profit outside of Denmark. In Denmark, acceptance of self-cleaning in September allows Atea to

More information

Deutsche Bank. Consensus Report. 14 August 2018

Deutsche Bank. Consensus Report. 14 August 2018 Deutsche Bank Consensus Report 14 August 2018 Deutsche Bank Group P&L (in m) Average Minimum Maximum # est. Average Minimum Maximum # est. Average Minimum Maximum # est. Average Minimum Maximum # est.

More information

1Q15 Opportunity Day. 14th May 2015 Stock Exchange of Thailand

1Q15 Opportunity Day. 14th May 2015 Stock Exchange of Thailand 1Q15 Opportunity Day 14th May 2015 Stock Exchange of Thailand Agenda Key Highlights Financial Highlights Industry Outlook & Moving Forward 2 Key Highlights 3 Key Achievements Record high performance of

More information

Half-Year Results FY14

Half-Year Results FY14 Half-Year Results FY14 Lotteries Wagering Gaming Tatts Group Limited ABN 19 108 686 040 1 Lotteries Wagering EBIT CONTRIBUTION* 150 125 100 75 50 25 0 FY09 FY10 FY11 FY12 FY13 FY14 71.3 Gaming EBIT CONTRIBUTION*

More information

Deutsche Bank. Consensus Report. 13 March 2018

Deutsche Bank. Consensus Report. 13 March 2018 Deutsche Bank Consensus Report 13 March 2018 Deutsche Bank Group P&L (in m) Average Minimum Maximum # est. Average Minimum Maximum # est. Average Minimum Maximum # est. Average Minimum Maximum # est. Revenues

More information

THE BLUE SKY REPORT A KERRIGAN QUARTERLY. Third Quarter 2018 December 2018

THE BLUE SKY REPORT A KERRIGAN QUARTERLY. Third Quarter 2018 December 2018 THE BLUE SKY REPORT A KERRIGAN QUARTERLY Third Quarter 2018 December 2018 Contact Erin Kerrigan: (949) 439-6768 erin@kerriganadvisors.com Contact Ryan Kerrigan: (949) 728-8849 ryan@kerriganadvisors.com

More information

BUSINESS REVIEW. 14 th Annual ICR XChange Investor Conference

BUSINESS REVIEW. 14 th Annual ICR XChange Investor Conference BUSINESS REVIEW 14 th Annual ICR XChange Investor Conference 1 SAFE HARBOR LANGUAGE This presentation includes forward-looking statements. Quiksilver, Inc. ( Quiksilver or the Company ) cautions that these

More information

Handelsbanken Russia Seminar

Handelsbanken Russia Seminar Handelsbanken Russia Seminar 22 May, 2015 President and CEO Ari Lehtoranta Growth in the west Russia remains challenging Nokian Tyres 2014 Nokian Tyres is the northernmost tyre manufacturer in the world,

More information

Annual Results 2002 Accell Group N.V. Amsterdam, 20 February 2003

Annual Results 2002 Accell Group N.V. Amsterdam, 20 February 2003 Annual Results 2002 Accell Group N.V. Amsterdam, 20 February 2003 Agenda Summary results Important developments in 2002 Accell Group share Financials Sales & Marketing Outlook Summary results (x million)

More information

CEO Presentation -- AGM 15 November 2018 (ASX: RZI) Raiz Invest Limited

CEO Presentation -- AGM 15 November 2018 (ASX: RZI) Raiz Invest Limited CEO Presentation -- AGM 15 November 2018 (ASX: RZI) Raiz Invest Limited 1 About Raiz Raiz (formerly Acorns) is a mobile first micro-investing platform via mobile phone or web app, which allows customers

More information

REACHING EVERY KIWI SKY NETWORK TELEVISION ANNUAL RESULTS 2018

REACHING EVERY KIWI SKY NETWORK TELEVISION ANNUAL RESULTS 2018 REACHING EVERY KIWI SKY NETWORK TELEVISION ANNUAL RESULTS 2018 125.0 120.0 UNDERLYING NET PROFIT 115.0 Millions 110.0 116.3 119.3 105.0 100.0 2017 2018 Page 2 OPERATING COSTS Millions 601.2 553.9 2017

More information

Global growth forecasts Key countries/regions,

Global growth forecasts Key countries/regions, Global growth forecasts Key countries/regions, 2014-2018 Percent 7 6 5 4 3 2 1 0 Developing Asia Sub-Saharan Africa Middle East and North Africa Latin America and the Caribbean United States Euro area

More information

Handelsbanken Nordic Large Cap Seminar. September 16, 2015 President and CEO Ari Lehtoranta

Handelsbanken Nordic Large Cap Seminar. September 16, 2015 President and CEO Ari Lehtoranta Handelsbanken Nordic Large Cap Seminar September 16, 2015 President and CEO Ari Lehtoranta Index 1. Nokian Tyres in brief 2. Nokian Tyres financial performance 3. Business units and Russian operations

More information

Global Economic Outlook. Kellie Maske, Sr. Economics Fellow FedEx Corporate Economics September 2011

Global Economic Outlook. Kellie Maske, Sr. Economics Fellow FedEx Corporate Economics September 2011 Kellie Maske, Sr. Economics Fellow FedEx Corporate Economics U.S. Outlook: Moderate Growth Overall 6 4 US Real GDP Growth 2 % Change 0 (2) (4) Forecast (6) (8) Bars = QOQ% Annualized Line = YOY% (10) 2005

More information

Presentation First-half results 2007

Presentation First-half results 2007 Presentation First-half results 2007 Okura Hotel, Amsterdam 20 July 2007 René J. Takens, CEO Hielke H. Sybesma, CFO Jeroen M. Snijders Blok, COO 1 Agenda Summary Development segments and countries in first

More information

2018 Full Year Results Presentation. 31 August 2018

2018 Full Year Results Presentation. 31 August 2018 2018 Full Year Results Presentation 31 August 2018 Disclaimer Important Notice and Disclaimer Disclaimer The material in this presentation has been prepared by Reece Limited (ABN 49 004 313 133) ( Reece")

More information

Global economy maintaining solid growth momentum. Canada leading the pack

Global economy maintaining solid growth momentum. Canada leading the pack Global economy maintaining solid growth momentum Canada leading the pack Dawn Desjardins (Deputy Chief Economist) (416) 974-6919 dawn.desjardins@rbc.com September 2017 Brighter global outlook gains traction

More information

Exhibit #MH-156. ELECTRIC OPERATIONS (MH10-2) PROJECTED OPERATING STATEMENT (In Millions of Dollars) For the year ended March 31 REVENUES

Exhibit #MH-156. ELECTRIC OPERATIONS (MH10-2) PROJECTED OPERATING STATEMENT (In Millions of Dollars) For the year ended March 31 REVENUES PROJECTED OPERATING STATEMENT 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 REVENUES General Consumers at approved rates 1,194 1,223 1,235 1,254 1,265 1,279 1,296 1,307 1,320 1,336 additional * - 42

More information

2010 Credit Suisse Holiday Conference December 7, 2010

2010 Credit Suisse Holiday Conference December 7, 2010 2010 Credit Suisse Holiday Conference December 7, 2010 Forward Looking Statements The Company claims the protection of the safe-harbor for forward-looking statements within the meaning of the Private Securities

More information

Half year results Amsterdam 18 July, 2002

Half year results Amsterdam 18 July, 2002 Half year results 2002 Amsterdam 18 July, 2002 René Takens Hielke Sybesma Agenda Summary results half year Market Accell Group in 1 st half 2002 Share Accell Group Financials Summary half year results

More information

Accell Group profit up by 15% in 2009

Accell Group profit up by 15% in 2009 Number of pages: 11 PRESS RELEASE Accell Group profit up by 15% in 2009 Heerenveen (the Netherlands), 26 February 2010 - Accell Group N.V. booked a further rise in turnover and profit in 2009. Turnover

More information

Dunlop Sports Co. Ltd.

Dunlop Sports Co. Ltd. Dunlop Sports Co. Ltd. First Quarter of FY 2017 Financial Results Briefing Material May 9, 2017 Summary of Consolidated Financial Results Operating profit and profit before tax both increased Operating

More information

Spring Press Conference February 23, Name of chairman

Spring Press Conference February 23, Name of chairman Spring Press Conference February 23, 2006 Disclaimer This presentation contains forward looking statements which reflect Management s current views and estimates. The forward looking statements involve

More information

Shifting International Trade Routes A National Economic Outlook. February 1, 2011

Shifting International Trade Routes A National Economic Outlook. February 1, 2011 Shifting International Trade Routes A National Economic Outlook February 1, 2011 Today s Objectives Endeavor to provide a broad context for today s program by briefly touching on: Some good news Some not

More information

NSI Preliminary results

NSI Preliminary results NSI Preliminary results Full Year 2017 30 January 2018 NSI will be the leading specialist in the Dutch office market, with a strong and efficient platform that will drive returns through pro-active asset

More information

Annual General Meeting of Alma Media Corporation, 14 March CEO s statement. Kai Telanne, President and CEO

Annual General Meeting of Alma Media Corporation, 14 March CEO s statement. Kai Telanne, President and CEO Annual General Meeting of Alma Media Corporation, 14 March 2018 CEO s statement Kai Telanne, President and CEO Financial statements 2017 Alma Media s strong growth continued in 2017 Revenue Adjusted operating

More information

FY 2017 Results Presentation Q Results Presentation. Milan, 24 th April Milan, 15 th May 2018

FY 2017 Results Presentation Q Results Presentation. Milan, 24 th April Milan, 15 th May 2018 FY 2017 Results Presentation Milan, 24 th April 2018 2018 1Q Results Presentation Milan, 15 th May 2018 FY 2017 Results Presentation Milan, 24 th April 2018 Audience & Advertising gen-16 feb-16 mar-16

More information

Financial results for Q4 and the full year 2016

Financial results for Q4 and the full year 2016 Financial results for Q4 and the full year 2016 16 March 2017 Cyfrowy Polsat S.A. Capital Group Disclaimer This presentation may include forward-looking statements, understood as all statements (other

More information

Annual Meeting of Shareholders May 8, Oyu Tolgoi: world-class asset, development optionality, significant cash flow potential

Annual Meeting of Shareholders May 8, Oyu Tolgoi: world-class asset, development optionality, significant cash flow potential Annual Meeting of Shareholders May 8, 2018 Oyu Tolgoi: world-class asset, development optionality, significant cash flow potential Forward-looking statements 2 This presentation includes certain forward-looking

More information

Acushnet Holdings Corp. Company Report

Acushnet Holdings Corp. Company Report 2017, Belle Chang & David Weber, CFA May 2, 2018 Acushnet Holdings Corp. Company Report We recommend an Overweight in Acushnet Holdings. Acushnet, the manufacturer of Titleist and FootJoy branded golf

More information

HALF-YEAR RESULTS 2018

HALF-YEAR RESULTS 2018 HALF-YEAR RESULTS 2018 HALF-YEAR RESULTS 2018 07/25/2018 1 This presentation contains certain forward-looking statements based on current expectations, forecasts and assumptions that involve risks and

More information

Bouygues press release

Bouygues press release Paris, 27 August Bouygues press release Good commercial performance and improved financial results at Bouygues Telecom Strong international momentum of construction businesses Improvement in the Group's

More information

Smart Parking Limited ASX:SPZ Full Year Results Presentation. Paul Gillespie, CEO Richard Ludbrook, CFO August 2016

Smart Parking Limited ASX:SPZ Full Year Results Presentation. Paul Gillespie, CEO Richard Ludbrook, CFO August 2016 Smart Parking Limited ASX:SPZ Full Year Results Presentation Paul Gillespie, CEO Richard Ludbrook, CFO August 2016 0 Smart Parking Limited (ASX:SPZ) Smart Parking is a global car parking business listed

More information

Accell Group records higher turnover and profit in first half

Accell Group records higher turnover and profit in first half PRESS RELEASE Number of pages: 16 Accell Group records higher turnover and profit in first half Heerenveen (the Netherlands), 22 July 2016 Accell Group N.V. recorded a 10% increase in turnover to 629.7

More information

Economic & Market Outlook

Economic & Market Outlook Economic & Market Outlook August 2017 The investments described herein are: NOT FDIC INSURED NOT BANK GUARANTEED MAY LOSE VALUE NOT A DEPOSIT NOT INSURED BY ANY FEDERAL OR STATE GOVERNMENT AGENCY Average

More information

For personal use only

For personal use only SURFSTITCH GROUP LIMITED 1H FY2015 RESULTS PRESENTATION JUSTIN CAMERON - CEO INTRODUCTION TO SURFSTITCH Company snapshot Group structure The World s Leading Online Action Sports Store Products span skate,

More information

Hypebeast Limited. (Incorporated in the Cayman Islands with limited liability) (Stock Code: 08359)

Hypebeast Limited. (Incorporated in the Cayman Islands with limited liability) (Stock Code: 08359) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

ASSETS Swiss Francs Swiss Francs

ASSETS Swiss Francs Swiss Francs INTERNATIONAL SKATING UNION, LAUSANNE BALANCE SHEET AS OF DECEMBER 31, 2015 31.12.2015 31.12.2014 ASSETS Swiss Francs Swiss Francs Current Assets Cash 14'562.31 16'103.63 Post / Bank - current accounts

More information

Quarterly report 1/2005. Fire-resistant birch panelling from Finnforest and Moelven in the Danish-Jewish Museum in Copenhagen.

Quarterly report 1/2005. Fire-resistant birch panelling from Finnforest and Moelven in the Danish-Jewish Museum in Copenhagen. Quarterly report 1/2005 Fire-resistant birch panelling from Finnforest and Moelven in the Danish-Jewish Museum in Copenhagen. Profit and Loss Account Operating revenues 1,411.2 1,407.0 1,143.4 5,773.2

More information

J.P. Morgan Ultimate Services Investor Conference November 15, 2016

J.P. Morgan Ultimate Services Investor Conference November 15, 2016 J.P. Morgan Ultimate Services Investor Conference November 15, 2016 Max Messmer Chairman and CEO Keith Waddell Vice Chairman, President and CFO Company Background Originated in 1948 as boutique financial

More information

Post-Bubble Global Trends. AAPA Webinar. February 18, Dr. Walter Kemmsies, Chief Economist Moffatt & Nichol Commercial Analysis Group

Post-Bubble Global Trends. AAPA Webinar. February 18, Dr. Walter Kemmsies, Chief Economist Moffatt & Nichol Commercial Analysis Group Post-Bubble Global Trends AAPA Webinar February 18, 2009 Dr. Walter Kemmsies, Chief Economist Moffatt & Nichol Commercial Analysis Group Takeaways The world economy is circling the drain World is wealthier

More information

For personal use only

For personal use only ASX ANNOUNCEMENT BILLABONG INTERNATIONAL LIMITED RESULTS FOR THE FULL YEAR TO 30 JUNE 2014 GOLD COAST, 28 August 2014: Billabong International Limited ( Billabong, the Company, together with its subsidiaries,

More information

BoAML Annual Financials CEO Conference

BoAML Annual Financials CEO Conference BoAML Annual Financials CEO Conference September 2018, London Erste Group: Being successful in Central and Eastern Europe Andreas Treichl, CEO Erste Group Disclaimer Cautionary note regarding forward-looking

More information

ANNUAL MEETING OF SHAREHOLDERS. May 3, 2018

ANNUAL MEETING OF SHAREHOLDERS. May 3, 2018 ANNUAL MEETING OF SHAREHOLDERS May 3, 2018 1 Agenda 1. Opening of the Meeting 2. Chairman, Secretary and Scrutineers 3. Notice of Meeting 4. Scrutineer s Report 5. Minutes of Previous Meeting 6. Annual

More information

TV1-SF-SET Australia Opportunity Overview

TV1-SF-SET Australia Opportunity Overview TV1-SF-SET Australia Opportunity Overview June 2013 [PRELIMINARY DRAFT] Executive Summary Sony Pictures Television ( SPT ) is seeking approval to buy-out NBC Universal s stake in the TV1 and Sci-Fi (SF)

More information

RESULT JANUARY-JUNE 2009 August 6, Mr. Kim Gran President and CEO Nokian Tyres plc

RESULT JANUARY-JUNE 2009 August 6, Mr. Kim Gran President and CEO Nokian Tyres plc RESULT JANUARY-JUNE 29 August 6, 29 Mr. Kim Gran President and CEO Nokian Tyres plc 1 INDEX 1. General overview of 1-6/29 Introduction Market overview Nokian Tyres performance 2. Nokian Tyres financial

More information

Accell Group achieves profit growth of 17% in 2008

Accell Group achieves profit growth of 17% in 2008 Number of pages: 11 PRESS RELEASE Accell Group achieves profit growth of 17% in 2008 Heerenveen, 27 February 2009 - Accell Group N.V. has realised a further growth in turnover and profits in 2008. Due

More information

Economic performance of the airline industry end-2017 update

Economic performance of the airline industry end-2017 update Economic performance of the airline industry end-2017 update December 2017 Brian Pearce, Chief Economist, IATA www.iata.org/economics Airline Industry Economics Advisory Workshop 2016 1 City-pair connections

More information

Canadian Teleconference: Can the Canadian Economy Survive the Turmoil in the United States?

Canadian Teleconference: Can the Canadian Economy Survive the Turmoil in the United States? Canadian Teleconference: Can the Canadian Economy Survive the Turmoil in the United States? Nigel Gault Chief U.S. Economist Dale Orr Canadian Macroeconomic Services Copyright 2008 Global Insight, Inc.

More information

Carol Tomé CFO and Executive Vice President, Corporate Services

Carol Tomé CFO and Executive Vice President, Corporate Services Carol Tomé CFO and Executive Vice President, Corporate Services Financial Overview December 6, 2017 1 Discussion Overview Fiscal 2017 Financial Guidance Our View of the Economy and State of the U.S. Housing

More information

Review by the President and CEO Nokian Tyres plc Annual General Meeting Ari Lehtoranta

Review by the President and CEO Nokian Tyres plc Annual General Meeting Ari Lehtoranta Review by the President and CEO Nokian Tyres plc Annual General Meeting 8.4.2015 Ari Lehtoranta Contents 1. Strategic focus areas and objectives how did we succeed in 2014 2. General overview 2014 3. Outlook

More information

2016 1H Results Presentation. Milan, 28 th July 2016

2016 1H Results Presentation. Milan, 28 th July 2016 2016 1H Results Presentation Milan, 28 th July 2016 Broadcasting & Advertising ITALY 1H 2016 Macro-economic indicators GDP & HH EXPENDITURE y.o.y growth rate, Source: ISTAT GOOD & SERVICE CONSUMPTION y.o.y

More information

FY 2017 Results Presentation H Results Presentation. Milan, 24 th April Milan, 27 th July 2018

FY 2017 Results Presentation H Results Presentation. Milan, 24 th April Milan, 27 th July 2018 FY 2017 Results Presentation Milan, 24 th April 2018 2018 1H Results Presentation Milan, 27 th July 2018 FY 2017 Results Presentation Milan, 24 th April 2018 Audience & Advertising gen-16 feb-16 mar-16

More information

FIRST QUARTER 2014 RESULTS APPROVED

FIRST QUARTER 2014 RESULTS APPROVED Press Release Mediaset Board of Directors Meeting 13 May 2014 FIRST QUARTER 2014 RESULTS APPROVED Consolidated results Net revenues: 820.8 million Operating profit (EBIT): 29.6 million Net debt: down to

More information

Airline industry outlook 2019

Airline industry outlook 2019 Airline industry outlook 2019 Brian Pearce Chief Economist 12 December 2018 Million barrels a day US$ per barrel Are the markets signalling recession ahead? 60 55 Business confidence (left scale) FTSE

More information

Singtel s participation in Airtel rights issue. 7 March 2019

Singtel s participation in Airtel rights issue. 7 March 2019 Singtel s participation in Airtel rights issue 7 March 2019 Airtel fund raising 1 To raise up to US$4.5b 2 from rights issue & perpetual bonds to reduce debt Promoter Group 3 & GIC to jointly subscribe

More information

DOREL REPORTS FIRST QUARTER 2018 RESULTS

DOREL REPORTS FIRST QUARTER 2018 RESULTS DOREL JUVENILE Maxi-Cosi Quinny Safety 1st Tiny Love Bébé Confort Cosco Infanti Mother s Choice Voyage BabyArt DOREL SPORTS Cannondale Schwinn Mongoose GT Caloi SUGOI DOREL HOME Ameriwood Altra Furniture

More information

September 2016 Financial Results

September 2016 Financial Results September 2016 Financial Results Unaudited financial results for the one months ending 30 September 2016 Contents Executive Summary......... 1 Statement of Activities (Budget).. 3 Statement of Activities

More information

Accell Group books 23% rise in turnover in 2012

Accell Group books 23% rise in turnover in 2012 Number of pages: 12 PRESS RELEASE Accell Group books 23% rise in turnover in 2012 Heerenveen (the Netherlands), 22 February 2013 Accell Group N.V. recorded an increase in turnover of 23% to 772.5 million

More information

The Future of Retailing in the Philippines to 2018

The Future of Retailing in the Philippines to 2018 Comprehensive data overview of the market, with retail sales value and forecasts to 2018 Report Code: RT0185MR Report Price: US$4,950 (Single Copy) www.conlumino-winesandspirits.com Summary "The Future

More information

Macro-economic risk and the outlook for aviation

Macro-economic risk and the outlook for aviation Macro-economic risk and the outlook for aviation 25 th January 2018, Dublin Brian Pearce, Chief Economist, IATA www.iata.org/economics Macro matters 24% 20% Global GDP and RPK growth 12% 10% 16% 12% 8%

More information

The U. S. Economic Outlook: Robert J. Gordon

The U. S. Economic Outlook: Robert J. Gordon The U. S. Economic Outlook: Upside and Risks Robert J. Gordon Ottawa a Economics Association Ottawa, a, September 14, 2017 Immigration Medical Care My Policy Package: Be Like Canada d University Tuition

More information

France : Economic developments and reforms, where are we heading?

France : Economic developments and reforms, where are we heading? France : Economic developments and reforms, where are we heading? The Economic Club of New York : 18 April 2018 François VILLEROY de GALHAU, Governor of the Banque de France 1 WHERE ARE WE STARTING FROM?

More information

Economic Update and Outlook

Economic Update and Outlook Economic Update and Outlook NAIOP Vancouver Chapter November 15, 2012 Helmut Pastrick Chief Economist Central 1 Credit Union Outline: Global, U.S., and Canadian economic conditions Canada economic and

More information

Welcome to William Hill

Welcome to William Hill 1 Welcome to William Hill 2 Today s running order Highlights and year-to-date overview Ralph Topping Financial results Simon Lane Online overview Ralph Topping Henry Birch Current trading, summary and

More information

VGi Global Media PCL. 4Q 14/15 & FY 14/15 Earnings Presentation 11 May Prepared by Investor Relations Department

VGi Global Media PCL. 4Q 14/15 & FY 14/15 Earnings Presentation 11 May Prepared by Investor Relations Department VGi Global Media PCL 4Q 14/15 & FY 14/15 Earnings Presentation 11 May 2015 Prepared by Investor Relations Department VGi Global Media PCL Agenda SECTION 1 SECTION 2 Industry Overview 4Q 14/15 & FY 14/15

More information

Bob Costello Chief Economist & Vice President American Trucking Associations. Economic & Motor Carrier Industry Update.

Bob Costello Chief Economist & Vice President American Trucking Associations. Economic & Motor Carrier Industry Update. Bob Costello Chief Economist & Vice President American Trucking Associations Economic & Motor Carrier Industry Update February 26, 2013 The Worst Recession Since the Great Depression 0% Loss from Peak

More information

Fastmarkets RISI Global Boxboard Outlook

Fastmarkets RISI Global Boxboard Outlook Fastmarkets RISI Global Boxboard Outlook Forces shaping the boxboard industry 1 At the top of the business cycle? 2017 was a strong year, 2018 not so much Deceleration in the global economy Boxboard demand

More information

Vestas Wind Systems A/S

Vestas Wind Systems A/S Vestas Wind Systems A/S Jakob Warnecke, Specialist, Investor Relations 22 September 2016 Vestas Wind Systems A/S Disclaimer and cautionary statement This document contains forward-looking statements concerning

More information

Hotel Performance and Outlook

Hotel Performance and Outlook Hotel Performance and Outlook HICAP 2016 Jesper Palmqvist 20 October apinfo@strglobal.com 2016 STR, Inc. All Rights Reserved. Any reprint, use or republication of all or a part of this presentation without

More information

Canada s economy on track for a solid 2018 although policy uncertainty lingers

Canada s economy on track for a solid 2018 although policy uncertainty lingers Canada s economy on track for a solid 2018 although policy uncertainty lingers Dawn Desjardins (Deputy Chief Economist) (416) 974-6919 dawn.desjardins@rbc.com March 2018 Canada is facing a challenging

More information

2010 First Half Results Presentation. 29 th July 2010

2010 First Half Results Presentation. 29 th July 2010 2010 First Half Results Presentation 29 th July 2010 1 ITALY TV Consumption trend (2003-2010) Average Daily minutes 261 259 258 260 Individuals 255 239 242 257 237 238 244 248 234 235 15-64 years 221 224

More information

M e d i a s e t G r o u p

M e d i a s e t G r o u p M e d i a s e t G r o u p 9 th November 2004 2004 9-Month Results MEDIASET 2004 9M Whole Day Audience Trend 24H Individuals Jan- Sep Jan- Sep excluding EUROCUP OTHER SATELLITE OTHER TERRESTRIAL 43.3% 44.2%

More information

Can copper mine supply keep pace with demand?

Can copper mine supply keep pace with demand? Can copper mine supply keep pace with demand? Metal Bulletin Copper Conference Milan March 11 th 2014 www.woodmac.com Disclaimer Wood Mackenzie Disclaimer This presentation has been prepared by Wood Mackenzie.

More information

Nokian Tyres the strongest tyre company in Russia. Carnegie Investment Bank 26 May, 2011, Vsevolozhsk

Nokian Tyres the strongest tyre company in Russia. Carnegie Investment Bank 26 May, 2011, Vsevolozhsk Nokian Tyres the strongest tyre company in Russia Carnegie Investment Bank 26 May, 2011, Vsevolozhsk Mr. Andrei Pantioukhov General Manager Nokian Tyres Russia GENERAL OVERVIEW: Competitor comparison 1998-2010

More information

I N V E S T O R P R E S E N T A T I O N F I R S T Q U A R T E R E n d e d M a r c h 3 1,

I N V E S T O R P R E S E N T A T I O N F I R S T Q U A R T E R E n d e d M a r c h 3 1, I N V E S T O R P R E S E N T A T I O N F I R S T Q U A R T E R E n d e d M a r c h 3 1, 2 0 1 4 Forward-Looking Statement Except for historical information provided herein, this presentation may contain

More information

Major Issues and Trends Facing the Port and Marine Transportation Industry

Major Issues and Trends Facing the Port and Marine Transportation Industry Major Issues and Trends Facing the Port and Marine Transportation Industry Presented to: AAPA Marine Terminal Management Training Program April 24, 2006 Charleston Riverview Hotel Charleston, SC - USA

More information