Kering Sa · EURONEXT:KER
Kering Sa — Q1 2013 Earnings Presentation
13 slides from Kering Sa's earnings presentation, Apr 25, 2013
Slide 1: First Quarter Sales 2013
2013 F i r s t Q u a r t e r s a l e s 25 April 2013
Slide 2: Disclaimer
Disclaimer This presentation does not constitute an offer of securities for sale in the United States of America or any other jurisdiction. Certain information contained in this document may include notably projections and forecasts. They express objectives based on current assessments and estimates
Slide 3: Group revenue up 3.1% comparable
Q1 13 Group revenue up 3.1% comparable Luxury further drives growth on demanding comps Change % Q1 13 Revenue in €m Revenue Reported Comparable Luxury 1,523 +4.5% +6.4% Sport & Lifestyle 842 -4.9% -2.5% Total Kering 2,365 +1.0% +3.1% Luxury sales up 6.4% comparable – Positive growth across all regio
Slide 4: Luxury division: Q1 13 revenue 1,523 M€
Luxury Q1 13 revenue: 1,523 M€ division +6.4% comparable; +4.5% reported X%: comparable growth +15% 1,523 M€ +6% +8% +10% +3% 1,458 M€ Q1 2012 Western Europe North America Japan Asia Pacific Other Countries Q1 2013 % of Q1 13 revenue 31% 17% 11% 33% 8% Positive growth across all regions, with very h
Slide 5: Q1 13 revenue: 866 M€
Q1 13 revenue: 866 M€ +4.0% comparable; +2.1% reported X%: comparable growth +17% 866 M€ +9% +5% +3% 848 M€ (1%) Q1 2012 Western Europe North America Japan Asia Pacific Other Countries Q1 2013 % of Q1 13 revenue 27% 18% 10% 38% 7% Good momentum in retail (+6%); wholesale trends reflect selective app
Slide 6: Q1 13 revenue: 229 M€
Q1 13 revenue: 229 M€ +8.8% comparable; +5.0% reported X%: comparable growth +14% (2%) 229 M€ 218 M€ +5% +2% +12% Q1 2012 Western Europe North America Japan Asia Pacific Other Countries Q1 2013 % of Q1 13 revenue 26% 13% 16% 42% 3% Further double-digit growth in retail sales partly offset by lower w
Slide 7: Q1 13 revenue: 127 M€
Q1 13 revenue: 127 M€ +18.7% comparable; +16.9% reported X%: comparable growth +26% +29% 127 M€ +23% +0% +26% 109 M€ Q1 2012 Western Europe North America Japan Asia Pacific Other Countries Q1 2013 % of Q1 13 revenue 42% 20% 9% 20% 9% Positive trend continues on very high comps in retail and wholesal
Slide 8: Other Luxury brands: Q1 13 revenue 301 M€
Other Luxury Q1 13 revenue: 301 M€ brands +6.9% comparable; +6.4% reported X%: comparable growth +11% 301 M€ (0%) +10% +19% +4% 283 M€ Q1 2012 Western Europe North America Japan Asia Pacific Other Countries Q1 2013 % of Q1 13 revenue 42% 20% 10% 16% 12% Very strong performances at Stella McCartney,
Slide 9: Sport & Lifestyle division: Q1 13 revenue 842 M€
Sport & Q1 13 revenue: 842 M€ Lifestyle -2.5% comparable; -4.9% reported division X%: comparable growth 887 M€ (7%) (9%) +2% +2% +1% 842 M€ Q1 2012 Western Europe North America Japan Asia Pacific Other Countries Q1 2013 % of Q1 13 revenue 32% 24% 9% 13% 22% Textile and sporting goods market under pr
Slide 10: Q1 13 revenue: 782 M€
Q1 13 revenue: 782 M€ -2.3% comparable; -4.8% reported X%: comparable growth 821 M€ (7%) (9%) +4% +2% +0% 782 M€ Q1 2012 Western Europe North America Japan Asia Pacific Other Countries Q1 2013 % of Q1 13 revenue 33% 21% 9% 13% 24% Accessories very strong (+12%), notably Cobra Puma Golf; apparel resi
Slide 11: Conclusion
Q1 2013 revenue Conclusion Strategic investment in both our pillars – Luxury: Announced acquisition of Pomellato, retail network expansion & renovation, sourcing, capacity – Sport & Lifestyle: Management transition to accelerate Puma Transformation Plan Group transformation on track Stringent financ
Slide 12: Group brand list
GUCCI · BOTTEGA VENETA · YVES SAINT LAURENT · ALEXANDER McQUEEN BALENCIAGA · BRIONI · STELLA McCARTNEY · SERGIO ROSSI · BOUCHERON GIRARD-PERREGAUX · JEANRICHARD · QEELIN · CHRISTOPHER KANE PUMA · VOLCOM · COBRA · ELECTRIC · TRETORN
Slide 13: PPR will become Kering
PPR will become Kering, subject to approval of the annual general meeting on 18 June 2013.