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17 June 2021 Dr. AirWair Martens Bouncing Dr. Martens plc Preliminary results for the year ended 31 March 2021 BRAND CUSTODIAN MINDSET DELIVERING STRONG RESULTS " I am pleased to be reporting our first results as a publicly listed company . The pandemic presented challenges to our operations and ways of working , and our priority throughout was to keep our people and consumers safe . I am very proud of the resilience , dedication and agility of our teams across the globe . This hard work , together with the investments we continued to make in our brand , resulted in revenue up 15 % and EBITDA¹ up 22 % . " Our DOCS strategy is delivering strong results . We continue to prioritise selling directly to our consumers , and , with retail severely impacted by Covid - 19 restrictions , we focused our efforts on a step - change in ecommerce , achieving revenue growth of 73 % , representing 30 % of total mix . The investments and improvements we made in our supply chain in recent years , along with our multi - country sourcing model and close supplier relationships allowed us to quickly react to a rapidly changing environment , ensuring minimal disruption and maintaining good availability throughout . " Our product durability and timeless design are rooted in a sustainable , long - term approach , and our brand custodian philosophy continues to guide the decisions we take . This underpins the financial guidance we laid out at the time of the IPO which is unchanged . Whilst the global trading environment remains uncertain , the strength of our iconic global brand means we look to the future with confidence . " Kenny Wilson , Chief Executive Officer FY21 FY20 £ m Revenue % change Actual % change CC4 773.0 672.2 15 % 16 % EBITDA¹ 224.2 184.5 22 % 22 % Adjusted¹ PBT PBT2 151.4 113.0 34 % 70.9 101.0 ( 30 % ) Profit After Tax² 35.7 74.8 ( 52 % ) Adjusted¹ Diluted EPS³ ( p ) 11.6 8.6 35 % Diluted EPS ( p ) ² 3.6 7.5 ( 52 % ) Operating cash flow¹ 234.1 142.0 65 % 1 Before exceptional items of £ 80.5m ( FY20 : £ 12.0m ) . See pages 75 to 76 for alternative performance measures 2 After exceptionals of £ 80.5m which relate to the IPO 3 Normalised Adjusted EPS , excluding legacy funding costs of preference shares , was 14.5p in FY21 , as described on page 76 4 Constant currency applies the same exchange rate to the FY21 and FY20 non - GBP results , based on FY21 budgeted rates • Strong growth across all regions . As we expected , revenue grew 17 % in both EMEA and Americas , and 7 % in APAC . In APAC we saw slower growth in Japan , our largest country in the region , due to the higher physical retail mix which was significantly impacted by Covid - 19 . China revenue grew by 46 % • DTC mix 43 % , down 2 % pts driven by : ○ Ecommerce revenue up 73 % , to 30 % mix ( up 10 % pts ) ○ Retail impacted by Covid - 19 store closures and restrictions , with revenue down 40 % and mix at 13 % , down 12 % pts 1