Aeffe S p A : 1H 21 Consolidated Results Presentation
July 30, 2021 at 06:39 am EDT
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AEFFE First Half 2021 Consolidated Financial Results Presentation 30th July 2021
1H 2021 Key Facts
Consolidated Revenues at € 155.0m (+31% at constant exchange rates)
Consolidated EBITDA for € 20.1m (13.0% of sales), compared to an EBITDA of € 0.6m (0.5% of sales) in 1H 2020, with a € 19.5m increase
Net Profit at € 17.4m, compared to a Net Loss of €12.5m of Euro in 1H 2020. Net profit adjusted of extraordinary fiscal benefits at €2.5m of Euro with a €15.0m improvement
Consolidated Financial Debt including IFRS 16 effect of € 127.2m, compared to € 150.6m as of 30 June 2020, with a € 23.4m improvement. Financial debt net of IFRS 16 effect of €45.1m compared to €62.5m as of June 30, 2020, with a €17.4m improvement
195 Mono Brand Stores
AEFFE acquires the remaining 30% stake of Moschino reaching 100% ownership interest, with benefits in terms of full control of MOSCHINO brand and its value chain from product to quality and with positive effects on image, distribution and communication
2
Net Sales Breakdown by Division(1)
1H 2021
1H 2020
(€m)
% on Total Sales
(€m)
% on Total Sales
120
104,9
+19%* vs 1H 2020
100
52,2
40
52,7
20
0
Prêt à porter
* At constant exchange rates
(1) Before inter-divisional eliminations
Footwear
39% &GoodsLeather
Prêt à 61% porter
68,2
+43% * vs 1H 2020
32,3
35,9
Footwear & Leather Goods
120
100
88,6
80
34,2
60
40
54,4
20
0
Prêt à porter
1Q
2Q
35%
65%
Prêt à porter
47,7
17,0
30,7
Footwear & Leather Goods
Footwear
& Leather
Goods
3
Net Sales Breakdown by Owned Brand
1H 2021
1H 2020
(€m)
140 128,3
+36.6% *
120
62,9
40
65,4
20
0
Moschino
% on Total Sales
7%
5%
82% 1%
5%
7,4
7,2
11,2
+12.4%*
+10.8% *
+19.9% *
5,3
3,1
2,9
5,9
4,3
4,3
Alberta Ferretti
Philosophy
Pollini
di
Lorenzo Serafini
(€m)
% on Total Sales
140
12%Pollini
Philosophy di
8%
5%
Lorenzo Serafini
120
Others
2%
79%
Alberta
6%
Ferretti
100
94,2
Moschino
80
38,0
60
40
56,2
20
6,7
6,0
10,0
1,3
1,7
2,1
7,9
0
5,4
4,3
Moschino
Alberta Ferretti
Philosophy
Pollini
di
Lorenzo Serafini
* At constant exchange rates
1Q
2Q
4
Net Sales Breakdown by Region
1H 2021
1H 2020
(€m)
% on Total Sales
(€m)
80,0
Asia &
80
RoW
Europe
33%
22%
7% America
58,7
38%
+17.0% *
60
60,0
Italy
51,2
50,1
+34.9%*
24,4
14,9
34,9
37,9
40,0
40
28,3
+39.2% *
17,1
16,7
20,0
20
34,3
10,3
35,2
22,9
+88.6% *
21,2
17,8
5,2
0,0
5,1
0
Italy
Europe (1)
Asia & RoW
America
Italy
Europe (1)
(1)
Italy excluded
1Q
2Q
* At constant exchange rates
% on Total Sales
Asia &
Europe
RoW
32%
21%
5% America
42%
Italy
25,1
7,3
17,85,7
1,4
4,3
Asia & RoW
America
5
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Aeffe S.p.A. published this content on 30 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 July 2021 10:38:03 UTC.
Aeffe SpA is an Italy-based company engaged in the fashion and luxury goods sector. The Company is active in the design, production and distribution of products. The Company operates through two segments. The Pret-a-porter segment is involved in the design, production and distribution of luxury pret-a-porter garments and lingerie, beachwear and loungewear. This segment also handles the distribution of all products both through the retail channel and through the wholesale channel, as well as manages licensing agreements granted to other companies to manufacture Aeffe and Moschino branded product lines. The Footwear and leather goods segment, which is composed of Pollini and its subsidiaries, mainly handles the design, production and distribution of footwear, small leather goods, bags and matching accessorize. The Company offers its products under such brands as Moschino, Alberta Ferretti, Velmar, Blugirl, Cacharel and Jean Paul Gaultier, among others.
AEFFE S.P.A. 
