Slides
Page 1
April 2025 INVESTOR PRESENTATION
Page 6
BUSINESS MODEL •PRODUCT collections designed and created in-house sold exclusively as the brand FOPE highly recognisable design and brand image •DISTRIBUTION CHANNELS presence of the brand in high level jewellery shops direct sale: boutique in Venice, London, Tokyo, Kuala Lumpur direct relationship with the jewellers - no distributors •SIGNIFICANT PRESENCE IN THE INTERNATIONAL MARKET •SPECIAL ATTENTION TO PRODUCT AND PROCESS INNOVATION
Page 7
DISTRIBUTION NETWORK AMERICA 160 ITALY 110 UK 110 GERMANY 140 OTHER 140 EMERGING 50 •about 600 retailers and more than 700 POS •Boutique: Venice, London, Tokyo, Kuala Lumpur
Page 8
MARKET COVERAGE FOPE USA INC. FOPE S.P.A. DMCC FOPE DEUTSCHL AND GMBH FOPE JE WELLERY LTD. FOPE JAPAN G.K. 17,6% MANAGEMENT UK 20% SPB & C. 82,4% 80%100%100% FOPE S.P.A. BRANCH
Page 9
HIGHLIGHTS FOPE consolidated data Act Act MLN/EUR 2024 (December, 31) 2023 (December, 31) 2024 Vs 2023 Net Revenue 73,4 100,0% 66,8 90,9% 6,7 10,0% Operating Costs (58,6) (49,8) (8,8) EBITDA 14,8 20,2% 17,0 23,1% (2,1) -12,7% Depr. & Amortization (2,7) (2,3) (0,4) EBIT 12,1 16,5% 14,7 20,0% (2,5) -17,3% Financial Incoms / (Costs) (0,6) (0,9) 0,3 Earning Before Tax 11,5 15,7% 13,8 18,8% (2,3) -16,5% Tax (3,1) (3,7) 0,6 Net Income 8,4 11,4% 10,1 13,7% (1,7) -16,7% Asset 15,4 14,8 0,6 Customer receivables 17,3 14,4 2,9 Stock 15,7 15,7 0,0 Other Cr e Debt (2,4) (2,1) (0,2) Working Capital 30,7 28,0 2,7 Funds (3,9) (2,6) (1,3) Net Invested Capital 42,1 40,1 2,0 Equity 45,4 40,1 5,3 Net Debt / (Cash) (3,3) 0,0 (3,3)
Page 10
HIGHLIGHTS FOPE consolidated data 2015 - 2024 0 10 20 30 40 50 60 70 80 2015201620172018201920202021202220232024 Net Revenue 0 2 4 6 8 10 12 14 16 18 2015201620172018201920202021202220232024 EBITDA 0% 5% 10% 15% 20% 25% 30% 2015201620172018201920202021202220232024 EBITDA MARGIN 0 2 4 6 8 10 12 2015201620172018201920202021202220232024 Net Income 0 5 10 15 20 25 30 35 40 45 50 2015201620172018201920202021202220232024 Equity (5) (4) (3) (2) (1) 0 1 2 3 4 2015201620172018201920202021202220232024 PFN
Page 11
SUSTAINABILITY PHILOSOPHY •SUSTAINABILITY REPORT SINCE 2017 •CERTIFIED TO NEUTRAL CO2 FOOTPRINT POSITION LAVORATORI SOSTENIBILITÀ AMBIENTALE 65 1,6TJ 51% 0,07TJ 26,4% SCOPE 1 45,3 SCOPE 2 3,7 SCOPE 3 212,2 0,77 100% DONNE (FOPE SPA) ENERGIA AUTOPRODOTTA (FOPE SPA) DIPENDENTI (FOPE SPA) ENERGIA CONSUMATA (FOPE SPA) TURNOVER IN ENTR ATA (FOPE SPA) TON EMISSIONI CO2 EQ. (FOPE SPA) GENDER PAY GAP (FOPE SPA) EMISSIONI COMPENSATE CERTIFICAZIONI
Page 12
STRATEGIC GUIDELINES •FOCUS ON MAIN MARKETS •VALUE PROPOSITION •BRAND AWARENESS Strengthen the position in the international markets to create upselling •PRODUCT •PARTNERSHIP WITH JEWELRY SHOP Key Success Factors
Page 13
SEUL
Page 14
LONDON
Page 15
VENICE
Page 16
TOKYO
Page 17
KUALA LUMPUR Client Title File Rendering View 209 Datescale - January 2022 Seybu_Kuala Lumpur FOPE Contrà Pusterla, 12 36100 Vicenza – ITALY www.asastudioalbanese.com T +39 0444 996000 info@asastudioalbanese.com
Page 18
IR TOP CONSULTING Maria Antonietta Pireddu Via Bigli, 19 20123 Milano Ph.: + 39 02 45473884/3 m.pireddu@irtop.com FOPE SPA Via Maria Teresa Mioni, 10 36100 Vicenza Ph.: +39 0444 286911 inv.relations@fope.com www.fope.com www.fopegroup.com APRIL 2025 INTEGRAE SIM SPA Piazza Castello, 24 20121 Milano Ph.: +39 02 80506160 info@integreasim.it