Forus S.a. · BCS:FORUS
Forus — Investor Presentation (March 2013)
18 slides from Forus's investor presentation, March 2013
Slide 1: March 2013
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Slide 2: Forus: Brands & Retail
Forus: Brands & Retail 24 Brands 19 stores’ concepts 2
Slide 3: Our Brands – 24 brands
Our Brands – 24 brands Licensed Brands 19 brands International Licensors: Wolverine World Wide (USA) Columbia Sportswear (USA) Jones New York Group (USA) Brooks (USA) Sanuk (USA) Azaleia (Brazil) Jansport (USA) TNS (Colombia) Church’s (England) Own Brands 5 brands
Slide 4: Our History: 33 years of experience
Our History: 33 years of experience 1980 1982 1988 1990 1991 1992 1993 1995 1996 2001 2003 Forus buys Alfonso Swett Construction Enter in the brand S. start with of the Uruguay Calpany. Hush Puppies footwear’s in Chile with factory in Alfonso Born of the 70% of Chile Swett S. company participation.
Slide 5: How fast can we be
How fast can we be In the last 5 years, since 2007 until 2012 Forus: Created / acquired 13 brands 2012 Entered into Peru and Colombia Created / acquired 10 new concepts of stores 2011 Opened 142 stores: 28 as an average per year 2010 2009 2008 2007 2006 2005 1980 1988 1990 1991 1992 1993 199
Slide 6: Ownership Structure
Ownership Structure December, 2012 Institutional Investors Brokers 4,2% Others 7,3% 0,2% Investment Funds 17,2% Companies related to Costanera 5,1% Costanera 66,0%
Slide 7: Where are we
Where are we Colombia N° Stores : 28 Peru Sales: $6.270 MM N° Stores: 34 Sales: $9.687 MM Uruguay N° Stores : 35 Chile Sales: $14.373 MM N° Stores : 240 Sales : $142.841 MM Data express in million Ch$ as for December 31, 2012. 7 Chile’ Sales includes Top Safety business’ Sales.
Slide 8: Sales by Subsidiaries
Sales by Subsidiaries International Subsidiaries weight 17.9% of the total Revenues in 2012. Revenues by Subsidiaries 2011 Revenues by Subsidiaries2012 16.3% Perú Colombia TopSafety Colombia TopSafety 17.9% Perú 1,2% Uruguay 5,5% 2,6% 0,5% 3,9% Uruguay 5,7% 8,2% 8,4% Retail Chile Retail Chile 83,2%
Slide 9: Footwear is still the most important
Footwear is still the most important Sales per Category Forus Chile Accesorios Vestuario 7% 2012 20% Calzado 73% 9
Slide 10: Sales by Channel
Sales by Channel Forus Chile Sales breakdown by Channel 28% 30% 23% 24% 37% 32% 32% 33% 35% 72% 70% 77% 76% 63% 68% 68% 67% 65% 2004 2005 2006 2007 2008 2009 2010 2011 2012 Retail Wholesale
Slide 11: Supply Strategy
Supply Strategy Most of the products that Forus sells are purchased directly from Asian producers, mainly China. Through a network that includes its own operation in China and its licensees. Forus benefits from attractive trade conditions associated with the purchasing volume of the companies wi
Slide 12: How we will continue growing
How we will continue growing Organic Growth Inorganic Growth International Expansion 12
Slide 13: Financial Summary
Financial FORUS brands & retail a BY Rial Tl & ~ - TH, here | \ | > Ls } ry _ ba filet te
Slide 14: Strong Growth….
Strong Growth…. Forus Consolidated Revenues CAGR nominal (2006-2012) = 17.9% 170.768 142.351 120.837 105.716 104.354 90.568 63.480 56.504 20% 2005 2006 2007 2008 2009 2010 2011 2012 14 Historical data of Forus Consolidated in MM Ch$.
Slide 15: Net Income
Net Income Net Income Forus Consolidated 20,0% CAGR nominal (2006 – 2012) = 28.3% 18,4% 31.366 16,0% 28.424 9,4% 19.393 11,1% 11,1% 10,2% 7,6% 11.695 9.249 9.827 7.020 10.3% 4.317 2005 2006 2007 2008 2009 2010 2011 2012 Net Income % ROS 15 Historical data in MM Ch$.
Slide 16: EBITDA Margin
EBITDA Margin EBITDA Forus Consolidated 24,9% 26,5% CAGR nominal (2006 – 2012) = 25.0% 20,7% 19,0% 42.495 18,3% 17,6% 16,3% 37.663 14,7% 25.010 19.299 17.171 17.014 12.8% 11.152 8.305 2005 2006 2007 2008 2009 2010 2011 2012 Net Profit % Profit / Revenues 16 Historical data in MM Ch$.
Slide 17: Capex 2013
Capex 2013 Forus Consolidated Capex MM US$ 9 New Stores 35+ 17
Slide 18: brands & retail
brands & retail