Lanvin Results Presentation Deck slide image

Lanvin Results Presentation Deck

WOLFORD 2022 RESULTS AND 2023 GUIDANCE KEY HIGHLIGHTS ● ● Revenue grew 15% from €109mm in 2021 to €126mm in 2022 44% growth in North America, driven by DTC channel as per brand strategy Impactful collaborations including GCDS, ALBERTA FERRETTI, MUGLER and Sergio Rossi created brand heat • Refocused on core products while strengthening luxury athleisure line which became a key growth driver • Increased selling and marketing expenses in 2022 related to legacy consulting costs and a cyberattack at a logistics provider delaying shipments led to a lower contribution profit • 2023 will be an opportunity for continued fiscal and operational improvements and reinforcement of current product and branding strategies (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. Wolford Global Revenue Bridge (€ in Thousands) €95,384 2020 Revenues YoY% €109,332 Wolford Key Financials (€ in Thousands) Gross profit GP Margin% 2021 (1) Contribution profit CP Margin% €15,786 DTC FY2020 Wholesale €95,384 €65,865 69% €859 1% -€284 €680 Other FY2021 €109,332 15% €79,070 72% €19,719 18% €125,514 2022 FY2022 €125,514 15% €86,228 69% €4,327 3% 30
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