Christian Dior SE · EURONEXT:CDI

Christian Dior — Shareholder Meeting (May 2007)

35 slides from Christian Dior's shareholder meeting presentation, May 10, 2007

  1. Slide 1: Combined ordinary and extraordinary Shareholders' Meeting

    Combined ordinary and extraordinary Shareholders' Meeting May 10, 2007

  2. Slide 2: Christian Dior Haute Couture

    Christian Dior Haute Couture Printemps/Eté 2007

  3. Slide 3: Consolidated Financial Highlights

    CONSOLIDATED FINANCIAL HIGHLIGHTS (EUR million) 2004 2005 2006 Revenue 13,060 14,556 16,016 Profit from recurring 2,413 2,791 3,209 Net profit Of which: Group share 1,443 1,654 2,133 549 618 797

  4. Slide 4: Consolidated Revenue

    CONSOLIDATED REVENUE (EUR million) 16,016 14,556 13,060 2004 2005 2006

  5. Slide 5: Breakdown of Revenue by geographic regions

    BREAKDOWN OF REVENUE By geographic regions Other markets France 7% 15% Asia (excluding Japan) 17% Europe (excluding France) 22% Japan 13% United States 26%

  6. Slide 6: Breakdown of Revenue by business groups

    BREAKDOWN OF REVENUE By business groups Christian Dior Couture 5% Selective Retailing Wines and Spirits 24% 18% Watches and Jewelry 4% Fashion and Leather Goods Perfumes 33% and Cosmetics 16%

  7. Slide 7: Breakdown of Revenue by currencies

    BREAKDOWN OF REVENUE By currencies Other currencies 26% Euro 31% Yen 13% US dollar 30%

  8. Slide 8: Christian Dior Prêt-à-porter

    Christian Dior Prét-a-porter Printemps/Eté 2007

  9. Slide 9: Profit from Recurring Operations

    PROFIT FROM RECURRING OPERATIONS (EUR million) 3 209 2 791 2 413 2004 2005 2006

  10. Slide 10: Net Profit – Group share

    NET PROFIT – Group share (EUR million) 797 618 549 2004 2005 2006

  11. Slide 11: Highlights

    HIGHLIGHTS ƒ Growth in revenue, with strong acceleration in the second half of the year ƒ Results marked by investments ƒ Strong growth in new activities: Dior Homme, Footwear and Jewelry ƒ In-house integration of the Baby Dior segment, which was operated under a license until June 2006 ƒ In Leather

  12. Slide 12: Christian Dior Haute Couture

    Christian Dior Haute Couture Printemps/Eté 2007

  13. Slide 13: Revenue

    REVENUE (EUR million) 731 663 595 523 492 350 296 220 x 3.7 200 1998 1999 2000 2001 2002 2003 2004 2005 2006

  14. Slide 14: Breakdown of Revenue by business groups

    BREAKDOWN OF REVENUE By business groups Royalties 4% Wholesale activities 20% Retail activities 76%

  15. Slide 15: Number of directly-operated boutiques

    Number of directly-operated boutiques 215 194 184 159 144 116 92 66 75 x 3.3 1998 1999 2000 2001 2002 2003 2004 2005 2006

  16. Slide 16: Retail Revenue

    RETAIL REVENUE (EUR million) 557 511 458 397 368 257 212 x 4.1 135 153 1998 1999 2000 2001 2002 2003 2004 2005 2006

  17. Slide 17: Dior Homme

    Christian Dior Dior Homme Printemps/E£té 2007

  18. Slide 18: Profit from Recurring Operations

    PROFIT FROM RECURRING OPERATIONS (*) (EUR million) 56 51 53 40 33 14 9 -1 -5 1998 1999 2000 2001 2002 2003 2004 2005 2006 (*) In French GAAP until 2003 and IFRS afterwards

  19. Slide 19: Financial Highlights

    FINANCIAL HIGHLIGHTS (EUR million) 2006 Revenue 731 Profit from recurring operations 56 Net profit 16

  20. Slide 20: Outlook

    OUTLOOK ƒ Pursuit of a steady growth ƒ Productivity gain objectives in the retail network ƒ Controlled expansion of the network of boutiques

  21. Slide 21: Christian Dior Sac Soft Lady Dior

    Christian Dior Sac “Soft Lady Dior” Printemps/Eté 2007

  22. Slide 22: LVMH Business Groups

    LVMH BUSINESS GROUPS ƒ Wines and Spirits ƒ Fashion and Leather Goods ƒ Perfumes and Cosmetics ƒ Watches and Jewelry ƒ Selective Retailing

  23. Slide 23: Wines and Spirits

    WINES AND SPIRITS (EUR million) REVENUE PROFIT FROM RECURRING OPERATIONS 2,994 2,644 2,259 869 962 813 2004 2005 2006 2004 2005 2006

  24. Slide 24: Fashion and Leather Goods

    FASHION AND LEATHER GOODS (EUR million) REVENUE PROFIT FROM RECURRING OPERATIONS 5,222 4,812 4,366 1,467 1,633 1,309 2004 2005 2006 2004 2005 2006

  25. Slide 25: Perfumes and Cosmetics

    PERFUMES AND COSMETICS (EUR million) REVENUE PROFIT FROM RECURRING OPERATIONS 2,519 2,285 2,128 150 173 222 2004 2005 2006 2004 2005 2006

  26. Slide 26: Watches and Jewelry

    WATCHES AND JEWELRY (EUR million) REVENUE PROFIT FROM RECURRING OPERATIONS 737 585 500 80 21 -10 2004 2005 2006 2004 2005 2006

  27. Slide 27: Selective Retailing

    SELECTIVE RETAILING (EUR million) REVENUE PROFIT FROM RECURRING OPERATIONS 3,891 3,648 3,276 347 400 238 2004 2005 2006 2004 2005 2006

  28. Slide 28: Financial highlights

    GROUPE Christian Dior Financial highlights

  29. Slide 29: 2006 Balance Sheet

    2006 BALANCE SHEET Non-current assets 39% Equity, including . intangible 49% minority interests . tangible 17% 39% Non-current liabilities . others 5% Current assets 29% 22% Current liabilities TOTAL = 32.8 billion euros

  30. Slide 30: Cash Flow Statement

    CASH FLOW STATEMENT (EUR billion) 0.7 Dividends Net cash 0.8 Investments from operations 2.6 after financial 0.2 Change in working capital interest and taxes 1.0 Net repayment of borrowings Net increase in cash and cash 0.2 0.1 Others equivalents

  31. Slide 31: Dividend

    DIVIDEND 256 211 176 1.41(*) 0.97 1.16 2004 2005 2006 Total (EUR million) Net dividend per share (in euro) (*) Amount proposed to Shareholders

  32. Slide 32: Groupe Christian Dior

    GROUPE Christian Dior

  33. Slide 33: Simplified Organizational Chart

    SIMPLIFIED ORGANIZATIONAL CHART (as of December 31, 2006) Christian Dior 100% 100% Christian Dior Financière Couture Jean Goujon 42.5% LVMH

  34. Slide 34: Stock Market Performance

    STOCK MARKET PERFORMANCE 100 € 95 € 90 € 85 € 80 € 75 € 70 € 65 € January April July October January April 06 06 06 06 07 07

  35. Slide 35: Groupe Christian Dior

    GROUPE Christian Dior

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