Kering Investor Presentation Deck slide image

Kering Investor Presentation Deck

GROUP REVENUE (€m) €8,047m +50% reported vs. LY +54% comparable* vs. LY €2,237m x2.3 vs. LY REVENUE & PROFITABILITY BOUNCING BACK €2,354m x4.2 vs. LY 3,853 * At constant scope and exchange rates 3,785 H119 GROUP RECURRING OPERATING INCOME (€m) 2,253 29.5% - FCF FROM OPERATIONS (€m) H119 1,533 H 1 19 Q1 ■Q2 -58% 2,175 3,203 H1 20 952 17.7% H1 20 566 H120 + 135% 4,157 3,890 H121 2,237 27.8% H121 2,354 H121 ● ● ● ● ● ● Japan 6% (+25%) North America 25% (+125%) Asia Pacific 42% (+68%) As a % of H1 21 revenue and (% comparable growth) ROW 6% (+83%) Western Europe 21% (+2%) Operating leverage together with continued investments Sharp rebound in profitability, EBIT margin up 10 pts YoY H1 21 EBIT close to H1 19 level Group CAPEX: €345m, 4.3% of revenue o/w €233m for Luxury Houses (3.0%) Record FCF generation Very healthy balance sheet: net debt at €619m (excl.lease liabilities) 20
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