Lanvin Results Presentation Deck slide image

Lanvin Results Presentation Deck

CARUSO 2022 RESULTS AND 2023 GUIDANCE KEY HIGHLIGHTS ● Revenue grew 25% from €25mm in 2021 to €31mm in 2022 Strong growth from proprietary brand business with attractive price and style positioning B2B Maisons manufacturing business growth driven by new account acquisitions and made- to-measure production growth; built significant customer loyalty ● ● • Gross margin increased from 18% to 23%, and contribution profit margin increased from 13% to 18% from 2021 to 2022, respectively, due to economies of scale and better management of factory labor costs and selling and marketing expenses 2023 to grow from focused investments in capacity expansion and increased operating efficiency, paired with concentrating client and product portfolio Caruso will continue to benefit from the "back to elegance" trend that's gaining momentum ● (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. €26,351 2020 Caruso Global Revenue Bridge (€ in Thousands) Revenues YoY% Caruso Key Financials (€ in Thousands) Gross profit €24,695 GP Margin% 2021 Contribution profit CP Margin% (1) NM DTC FY2020 €26,351 €4,881 19% €3,173 12% €6,124 Wholesale Other NM FY2021 €24,695 -6% €4,449 18% €3,305 13% €30,819 2022 FY2022 €30,819 25% €7,147 23% €5,701 18% 39
View entire presentation