Kering Investor Presentation Deck
●
576
H1 22 Kering
Eyewear
KERING EYEWEAR FOCUS
+16%
(€M, and YoY growth in %)
+51%
Comparable
KERING EYEWEAR AND CORPORATE
H1: RECORD REVENUE
Investor Presentation - September 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)
88
84
84
• 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
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