Kering Investor Presentation Deck
576
●
H1 22 Kering
Eyewear
KERING EYEWEAR FOCUS
(€M, and YoY growth in %)
+51%
+16%
Comparable
• H1: RECORD REVENUE
KERING EYEWEAR AND CORPORATE
Investor Presentation - November 2023
+35%
Scope and FX
869
H2 23 Kering
Eyewear
Q2 REVENUE +21% COMPARABLE, SCOPE & FX +37%
Successful development of the portfolio of brands
- Ongoing integration and significant contribution of Maui Jim
Closing of UNT acquisition
€M
KEY FIGURES
●
Revenue
Kering Eyewear
Other
Recurring operating income
Kering Eyewear
Corporate
Gross CAPEX
Gross CAPEX excl. Real Estate
H1 2023
869
869
63
186
(123)
1,452
93
H1 2022
NORMATIVE CAPEX LEVEL IN GROWTH PLATFORMS
591
576
15
(7)
111
(118)
• STRONG IMPROVEMENT IN EBIT
Kering Eyewear: Benefits of scale and Maui Jim accretive
contribution yielding another sharp increase in EBIT and margin, with
limited extrapolation due to typical seasonality and upcoming
reinvestment
Corporate costs well under control
84
84
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