Christian Dior SE · EURONEXT:CDI
Christian Dior — Shareholder Meeting (May 2009)
33 slides from Christian Dior's shareholder meeting presentation, May 14, 2009
Slide 1: Combined Shareholders' Meeting May 14, 2009
Combined Shareholders’ Meeting May 14, 2009 1
Slide 2: Haute Couture Spring / Summer 2009
Haute Couture Spring / Summer 2009 2
Slide 3: Consolidated Financial Highlights
CHRISTIAN DIOR GROUP CONSOLIDATED FINANCIAL HIGHLIGHTS (EUR millions) 2006 2007 2008 Revenue 16,016 17,245 17,933 Profit from recurring operations 3,209 3,610 3,621 Net profit 2,133 2,328 2,224 Of which: Group share 797 880 796 3
Slide 4: Consolidated Revenue
CHRISTIAN DIOR GROUP CONSOLIDATED REVENUE (EUR millions) 17,245 17,933 16,016 2006 2007 2008 4
Slide 5: Consolidated Revenue by Business Group (2007 → 2008)
CHRISTIAN DIOR GROUP CONSOLIDATED REVENUE BY BUSINESS GROUP (2007 → 2008) Fashion Selective and Leather Goods Retailing 33% → 34% 24% → 24% Wines and Spirits Christian Dior Couture 19% → 17% 5% → 4% Perfumes Watches and Jewelry and Cosmetics 5% → 5% 16% → 16% 5
Slide 6: Consolidated Revenue by Geographic Region of Delivery
CHRISTIAN DIOR GROUP CONSOLIDATED REVENUE BY GEOGRAPHIC REGION OF DELIVERY (2007 → 2008) France Europe 14% → 15% and Middle East 23% → 24% United States 25% → 22% Japan 11% → 10% Other markets Asia 8% → 9% 19% → 20% 6
Slide 7: Consolidated Revenue by Currency (2007 → 2008)
CHRISTIAN DIOR GROUP CONSOLIDATED REVENUE BY CURRENCY (2007 → 2008) Euro US Dollar 31% → 32% 29% → 27% Yen 11% → 10% Other currencies 29% → 31% 7
Slide 8: Profit from Recurring Operations
CHRISTIAN DIOR GROUP PROFIT FROM RECURRING OPERATIONS (EUR millions) 3,610 3,621 3,209 2006 2007 2008 8
Slide 9: Haute Couture Spring / Summer 2009
Haute Couture Spring / Summer 2009 9
Slide 10: Consolidated Cash Flow
CHRISTIAN DIOR GROUP CONSOLIDATED CASH FLOW (EUR billions) SOURCES USES 1,6 Investments Net cash from operations after net financial 3,0 interest and income taxes 0,9 Dividends Net change Change in working capital in cash 0,7 and cash 0,4 0,2 Other equivalents 10
Slide 11: Consolidated Balance Sheet as of December 31, 2008
CHRISTIAN DIOR GROUP CONSOLIDATED BALANCE SHEET AS OF DECEMBER 31, 2008 Liabilities Assets and equity Intangible Equity including 46% 43% minority interests assets Property, plant and equipment 18% Other non- 36% Non-current liabilities 6% current assets Current assets 30% 21% Current liabilities TO
Slide 12: Christian Dior Ready-to-Wear
Christian Dior Ready-to-Wear
Slide 13: Ready-to-Wear Autumn / Winter 2008
Ready-to-Wear Autumn / Winter 2008 13
Slide 14: Dior Joaillerie
Dior Joaillerie “ Milly Carnivora ” Ring 14
Slide 15: Dior Phone
10r tian D; Dior Phone 1S a: UO
Slide 16: Lady Dior Bag
ANY \\ GM ‘(LF | ue, “hb 2 Rp r A ant Www eet | Wwwwreer 7-1 Christian Dior rer “ Lady Dior ” Bag
Slide 17: Couture Highlights
CHRISTIAN DIOR COUTURE HIGHLIGHTS Robust performance in Europe, the Middle East and China United States and Japan affected by the economic crisis Network expansion focused on high-potential markets Optimization of operational systems 17
Slide 18: Christian Dior Couture
CHRISTIAN DIOR COUTURE CHRISTIAN DIOR COUTURE (EUR millions) REVENUE PROFIT FROM RECURRING OPERATIONS 787 765 731 74 56 9 2006 2007 2008 2006 2007 2008 18
Slide 19: Christian Dior Ready-to-Wear
Christian Dior Ready-to-Wear
Slide 20: Couture Revenue by Business Group (2007 → 2008)
CHRISTIAN DIOR COUTURE REVENUE BY BUSINESS GROUP (2007 → 2008) License royalties 4% → 5% Retail revenue Wholesale revenue and other 21% → 21% 75% → 74% 20
Slide 21: Couture Revenue by Geographic Region of Delivery
CHRISTIAN DIOR COUTURE REVENUE BY GEOGRAPHIC REGION OF DELIVERY (2007 → 2008) Americas 16% → 13% Europe Asia Pacific and Middle East 37% → 35% 47% → 52% 21
Slide 22: Couture Number of Stores
CHRISTIAN DIOR COUTURE NUMBER OF STORES 221 237 215 2006 2007 2008 22
Slide 23: Christal Tourbillon Watch
“ Christal Tourbillon ” Watch 23
Slide 24: LVMH Activities
LVMH LVMH ACTIVITIES Wines and Spirits Fashion and Leather Goods Perfumes ans Cosmetics Watches and Jewelry Selective Retailing 24
Slide 25: Wines and Spirits
LVMH WINES AND SPIRITS (EUR millions) REVENUE PROFIT FROM RECURRING OPERATIONS 3,226 3,126 2,994 962 1,058 1,060 2006 2007 2008 2006 2007 2008 25
Slide 26: Fashion and Leather Goods
LVMH FASHION AND LEATHER GOODS (EUR millions) REVENUE PROFIT FROM 6,010 RECURRING OPERATIONS 5,628 5,222 1,829 1,927 1,633 2006 2007 2008 2006 2007 2008 26
Slide 27: Perfumes and Cosmetics
LVMH PERFUMES AND COSMETICS (EUR millions) REVENUE PROFIT FROM 2,868 RECURRING OPERATIONS 2,731 2,519 256 290 222 2006 2007 2008 2006 2007 2008 27
Slide 28: Watches and Jewelry
LVMH WATCHES AND JEWELRY (EUR millions) REVENUE PROFIT FROM RECURRING OPERATIONS 879 833 737 141 118 80 2006 2007 2008 2006 2007 2008 28
Slide 29: Selective Retailing
LVMH SELECTIVE RETAILING (EUR millions) REVENUE PROFIT FROM 4,376 RECURRING OPERATIONS 4,164 3,877 387 426 388 2006 2007 2008 2006 2007 2008 29
Slide 30: Haute Couture Spring / Summer 2009
Haute Couture Spring / Summer 2009 30
Slide 31: Group Outlook
CHRISTIAN DIOR GROUP OUTLOOK Solid competitive advantages for the Group in the current environment Responsiveness, rigorous management combining cost controls and a selective investment policy Internal growth strategy founded upon innovation and expanding geographic coverage Reinforcement of worldwi
Slide 32: Dividend per Share
CHRISTIAN DIOR SA DIVIDEND PER SHARE 1.61 € 1.61 €(*) 1.41 € 2006 2007 2008 (*) Gross amount proposed to the Shareholders’ Meeting 32
Slide 33: Combined Shareholders' Meeting May 14, 2009
Combined Shareholders’ Meeting May 14, 2009 33