Lanvin Results Presentation Deck slide image

Lanvin Results Presentation Deck

SERGIO ROSSI 2022 RESULTS AND 2023 GUIDANCE KEY HIGHLIGHTS ● Acquired and integrated by the Group in July 2021; revenue grew 5% from €59mm (Pro Forma) in 2021 to €62mm in 2022 DTC growth driven by strong performance of retail stores in Japan and digital sales in China Strong results in EMEA, offset weakness in China from COVID-19 Optimized product mix balancing carry-over and seasonal collections ● ● Gross profit margin rose to 50% from increased DTC business, while higher marketing, personnel and rental expenses led to a lower contribution profit margin 2023 growth driven by new product launches and collaborations, recovery of Greater China, and continued improvement in DTC channel €28,737 2021A Revenues YoY% Gross profit Sergio Rossi Global Revenue Bridge (€ in Thousands) Sergio Rossi Key Financials (€ in Thousands) GP Margin% €59.206 2021PF Contribution profit (1) CP Margin% €2,999 DTC -€276 Wholesale FY2021 €28,737 €13,319 46% €3,830 13% NM Other €61,929 2022 FY2022 €61,929 116% €31,048 50% €6,546 11% (1) Non-IFRS Financial Measure. Please see Page 54 for Non-IFRS Financial Measures and definition. Note: Brand-level results are presented exclusive of eliminations. Note: Lanvin Group acquired a majority stake in Sergio Rossi in July 2021 and Sergio Rossi was consolidated in Lanvin Group's consolidated revenue starting from the acquisition date; audited 2021 revenue of the brand was €29 million. Pro Forma results assume Sergio Rossi's revenue results for the full-year 2021. 33
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