Forus S.a. · BCS:FORUS
Forus — Investor Presentation (October 2012)
18 slides from Forus's investor presentation, October 2012
Slide 1: Forus brands & retail - October 2012
FORUS brands & retail October 2012
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: 32 years of experience
Our History: 32 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 6 years, since 2006 until 2011 Forus: Created / acquired 13 brands Entered into Peru and Colombia Created / acquired 8 new concepts of stores 2011 Opened 131 stores: 23,8 as an average per year 2010 2009 2008 2007 2006 2005 1980 1988 1990 1991 1992 1993 1995 19
Slide 6: Ownership Structure
Ownership Structure September, 2012 Brokers 4,2% Others Institutional 0,4% Investors 7,8% Investment Funds 16,6% Companies related to Costanera Costanera 66,0% 5,1%
Slide 7: Where are we
Where are we Colombia N° Stores : 24 Peru Sales: $2.847 MM N° Stores: 28 Sales: $5.006 MM Uruguay N° Stores : 32 Chile Sales: $7.120 MM N° Stores : 230 Sales : $73.877 MM Data express in million Ch$ as for June 30, 2012. 7 Chile’ Sales includes Top Safety business’ Sales.
Slide 8: Sales by Subsidiaries
Sales by Subsidiaries International Subsidiaries weight 16.5% of the total Revenues as for June 2012. Revenues by Subsidiaries 1S 2011 Revenues by Subsidiaries 1S 2012 Colombia TopSafety 15.8% Perú 2,3% TopSafety PerúColombia 16.5% 5,6% 0,4% 2,5% 1,0% Uruguay 5,8% 8,2% Uruguay 7,9% Retail Chile Reta
Slide 9: Footwear is still the most important
Footwear is still the most important Sales per Category Forus Chile 2011 Accesories 6% Apparel 20% Footwear 74% 9
Slide 10: Sales by Channel
Sales by Channel Forus Chile Sales breakdown by Channel 28% 30% 23% 32% 32% 33% 35% 72% 70% 77% 68% 68% 67% 65% 2005 2006 2007 2008 2009 2010 2011 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 Brands + Chains Sources of Growth Inorganic Growth New Acquisitions International Emphasis in Peru and Colombia 12
Slide 13: Financial Summary
FORUS brands & retail Financial Summary
Slide 14: Strong Growth….
Strong Growth…. Forus Consolidated Revenues CAGR nominal = 16,6% 142.351 120.837 105.716 104.354 90.568 87.208 63.480 69.156 56.504 2005 2006 2007 2008 2009 2010 2011 1S'11 1S'12 14 Historical data of Forus Consolidated in MM Ch$.
Slide 15: With an historical ROS
With an historical ROS Net Profit Forus Consolidated CAGR nominal (2005 – 2011) = 36,9% 20,0% 20,5% 19,7% 16,0% 28.424 11,1% 9,4% 10,2% 11,1% 19.393 7,6% 17.142 14.162 11.695 9.249 9.827 7.020 4.317 2005 2006 2007 2008 2009 2010 2011 1S'11 1S'12 Net Profit % Profit / Revenues 15 Historical data in M
Slide 16: Record in EBITDA Margin
Record in EBITDA Margin EBITDA Forus Consolidated 26,5% 26,8% 26,9% CAGR nominal (2005-2011) = 28,7% 20,7% 37.663 19,0% 18,3% 17,6% 16,3% 14,7% 25.010 23.464 19.299 18.564 17.171 17.014 11.152 8.305 2005 2006 2007 2008 2009 2010 2011 1S'11 1S'12 EBITDA Margin 16 Historical data in MM Ch$.
Slide 17: Capex 2013
Capex 2013 Forus Consolidated Capex MM US$ 10 New Stores 30+ 17
Slide 18: FORUS brands & retail
FORUS brands & retail