DISCIPLINE REINVENTION
JUNE 2024
Disclaimer
This presentation may contain forward-looking statements relating to the business, results and financial position of the Chargeurs group.
Such forward-looking statements are based on assumptions that are currently considered reasonable, but which are dependent on external factors and unforeseeable events such as changes and developments in:
- the health crisis across all the Group's geographies,
- the geopolitical backdrop,
- the economic climate,
- commodity prices,
- exchange rates,
- laws,
- demand in the Group's leading markets,
- new product launches by competitors.
The performance targets and estimated are also dependent on these unforeseeable events and are provided for information purposes only.
In view of these uncertainties, the Chargeurs group may not be held responsible for any differences between its forward-looking statements and actual results which arise due to new facts or circumstances or unforeseeable developments.
The risk factors that could significantly influence the Group's financial performance are set out in the Universal Registration Document, which is filed with the French Financial Markets' Authority (AMF) on an annual basis.
Where this presentation cites information or statistics from an outside source, it should not be interpreted to mean that the Group endorses such information or statistics or considers them to be accurate.
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GENERAL OVERVIEW
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The new shareholder structure
opens a new chapter in the Group's value creation journey
A new operational configuration
- Four world leaders in the asset portfolio
- High-techindustrial assets, market leaders with critical mass
- Flexible assets that have remained profitable despite several crises, thanks to production facilities that have been streamlined and modernized since 2015
A new shareholder configuration
- The Groupe Familial Fribourg, along with long- term, top-ranking family and institutional partners, will support Chargeurs' entrepreneurial development
- With more than 2/3 of the capital, Groupe Familial Fribourg becomes the controlling shareholder of Chargeurs
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Chargeurs, a diversified international holding company, leader in niche markets
Our ambition
Be a global champion in niche industrial and service markets at high value-creation potential Support our customers in their transformation towards a sustainable business model
TECHNOLOGIES | LUXURY | ||||||
Chargeurs Advanced | Chargeurs PCC Fashion | Chargeurs Museum | Chargeurs Luxury Fibers | Chargeurs Personal | ||||
Materials | Technologies | Studio | Goods | |||||
World No.1 in | World No.1 in | World No.1 in cultural | World No.1 trader of | Premium personal |
industrial process | interlinings for the | engineering and | traceable natural | accessories |
films | apparel industry | production | fibers | |
2023 Revenue : €272.0m | 2023 Revenue : €193.0m | 2023 Revenue : €105.8m | 2023 Revenue : €73.3m | 2023 Revenue : €9.0m |
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Our portfolio: high-tech industrial assets, market leaders with a strong global footprint (1/2)
A global leader with a strong brand serving more than 3,000 customers in 90 countries, and a recognized capacity for innovation to support customers, particularly in their decarbonization strategy
A world leader with a complete range of products and a range of high value-added services, backed by a strong capacity for innovation to meet the environmental and social challenges of the fashion industry
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Our portfolio: a Luxury division with strong growth potential (2/2)
A cultural catalyst and global operator, with a broad portfolio of services to support cultural institutions in their strategy
Market transformation supported by a program based on a proprietary blockchain technology, securing the quality and traceability of wool fibers throughout the value chain
Brands with a rich history and high-quality craftsmanship positioned in the ultra-niche segment of Quiet Luxury, benefiting from iconic products with strong potential to expand the offering to an international clientele
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Strong international footprint
EUROPE
€274.7m (42%
of revenue)
10 production sites ~1,300 employees 23 distribution centers and commercial offices
London
Paris | |||
New York | |||
AMERICAS | ASIA | ||
€178.9m (27% | Abu Dhabi | Hong Kong | |
of revenue) | €199.6m (31% | ||
6 production sites | of revenue) | ||
~400 employees | 3 production sites | ||
6 distribution centers | |||
~670 employees | |||
and commercial offices | |||
20 distribution centers | |||
and commercial offices |
Montevideo
2023 figures | Discipline and reinvention | 8 | |
Q1 2024 BUSINESS UPDATE
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Accelerated recovery in Q1 2024,
with like-for-like revenue growth of +10%
2023
Like-for-like growth1 | Q1 | Q2 | Q3 | Q4 2 | Q1 2024 | ||
The Group benefited from favorable economic
conditions in the United States and Asia
EUROPE
Technologies Division | -20.5% | -12.9% | -6.1% | +3.0% |
Luxury Division | -9.9% | +22.6% | -12.6% | +13.9% |
Chargeurs | -18.2% | -5.5% | -7.7% | +6.1% |
+6.2% |
+20.2% |
+10.0% |
ASIA AMERICAS
1 All figures in this document have been restated for discontinued operations
42% of revenue in Q1 | ||
29% of revenue in Q1 | 2024 | 29% of revenue in Q1 |
vs. 46% in Q1 2023 | ||
2024 | ||
Down3 by -5 % | 2024 | |
vs. 27% in Q1 2023 | ||
vs. 27% in Q1 2023 | ||
increasing3 by +28% | ||
increasing3 by +17% |
2 T4 proforma of CPG activities
3 like-for-like | Discipline and reinvention |
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Chargeurs SA published this content on 12 June 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 June 2024 13:00:07 UTC.