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Patryk Jankowski
6 lat temu
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1 Presentation to investors NG2 Group 1Q

2 Presentation plan Introduction Finances Realization of goals Plans & forecast 2007 General review of NG2 Group NG2 operating structure Sales structure distribution chain Structure of shareholders 2

3 NG2 Group Largest retail chain in Poland Excellent profitability Leader in manufacturing leather footwear Unique business model NG2 Growing amount of proprietory stores in Poland and abroad Huge growth potential Strong brand 3

4 Finances Q Q Q `000 PLN `000 PLN Change Revenues ,2 % Profit (loss) on sales ,4 % Gross margin on sales 41,4% 48,8% 17,9 % Selling costs ,3 % General administrative costs ,4 % EBIT ,9 % Pre-tax profit (loss) ,2 % Net profit (loss) ,4 % Net profit margin 6,1% 10,6% 73,8 % Assets ,8 % Liabilities and provisions ,5 % Long-term liabilities ,1 % Short-term liabilities ,6 % Equity ,9 % ROE 2,4% 5,7% 134,2 % ROA 1,9% 3,6% 90,5 % 4

5 We are effective Q Revenues increased by 53 % EBIT grew by 219 % Net profit 164 % higher Sales growth on the same stores 43,7 % up High level of net profit margin 5

6 Plans for 2007 accomplishment H Opening further 40 proprietary stores in Poland by the EoY2007 / 12 opened Opening 10 stores of the new line QUAZI by the EoY2007 / 5 opened 50 proprietary & 80 frinchised BOTI shops / opened 26 & 47, respectively Opening 2 stores in the Czech Republic by EoY2007 / 1 opened Sales increase in the comparable stores by 5% / 15,87 6

7 NG2 stores openings in 2006 Quazi Boutiques 1 Inowrocław Królowej Jadwigi Sosnowiec Sienkiewicza 2 Plaza Zabrze Plac Teatralny 12 CH. PLATAN Wrocław P l. Grunwaldzki 22 Pas aż Grunwaldzki Wrocław P ows tańców Ś ląs kich 2-4 Arkady Wrocławs kie CCC stores 1 Warszawa Złota 59 Złote Tarasy Sosnowiec Modrzejowska Ś wiebodzin Sulechowska 8 TESCO Opole Ozimska Rybnik Raciborska 16 Plaza Iława Jana III Sobieskiego 43 Galeria Centrum Sosnowiec Sienkiewicza 2 CH. PLAZA Wrocław P l. Grunwaldzki 22 Pas aż Grunwaldzki Żory Okrężna 2 CH. KAUFLAND Wrocław P ows tańców Ś ląs kich 2-4 Arkady Wrocławs kie Racibórz Rybnicka 97 CH. AUCHAN Głogów Poniatowskiego 12 Galeria Głogów Nowa Sól Pl. Wyzwolenia Lublin Obrońców P okoju 1a CH. P LAZA Gliwice Lipowa 1 FORUM Boti shops Lp MIASTO ADRES CH METRAŻ DATA OTWARCIA 1 P rus zków Zimińs kiej-s ygietyńs kiej 1 Albert Katowice Al. Roździeńskiego 200 CH. Carrefour-Dąbrówka Grudziądz Piłsudskiego 10 CH. KAUFLAND Kutno Oporowska 6 a HYPERNOVA Szczecin Ku Słońcu 67 CH. STER Geant Wrocław Al. gen. Hallera 52 CH. BOREK-CARREFOUR Lublin Witolda Chodźki 14 CH. REAL Łódź Brzezińska 27/29 CH. M Mrągowo Wars zaws ka 37 Capital P ark Jaworzno Wojska Polskiego 2D CH. Carrefour P iotrków Trybunals ki Al. Generała S ikors kiego 7 Intermarche Ś winoujś cie P lac S łowiańs ki 3a Sosnowiec Baczyńskiego 2 Centrum Sosnowiec Real Mysłowice Katowicka 75 CH. REAL Szczecin Krzywous tego 9-10 CH KUPIEC Iława Koś cius zki Szczecin Struga 29 CH. KAUFLAND Warszawa Stalowa 60/64 CH. TESCO S zczecinek P l. Wolnoś ci Pisz Warszawska Łódź Zachodnia Chrzanów Trzebińska 40 CH. MAX Os trów Wielkopols ki P lac 23 S tycznia Łowicz Ułańska 12 CH. TESCO Mińsk Mazowiecki Warszawska 61 CH. Carrefour Czaplinek Rynek

8 Consolidated net profit Q Consolidated net profit between Q (mln PLN) 25 23, ,6 15, , ,0 11,0 10 8,6 9,1 10, ,9 5 5,4 4,2 5, ,4 0 2,5 I Q II Q III Q IV Q 3, ,6% 18,2 8,0% 12,3% 12,1% 11,0 5,4 4,2 2,

9 Average daily sales per outlet Average daily sales per store in retail gross prices Rok Av e ra g e g ro s s s a le s Av e ra g e g ro s s Av e ra g e g ro s s s a le s / Av e ra g e g ro s s Miesiąc / s to re s a le s / s to re s to re s a le s / s to re January 3 096, , , ,69 February 3 871, , , ,21 March 8 970, , , ,07 Average 5 312, , , ,32 * Average daily sales per store = monthly gross sales / w orking days amount 9

10 Sales revenues in the proprietary chain 2004-Q Sales revenues in quarterly (mln PLN) Sales (mln) Number of stores 160,0 140,0 120,0 100,0 80,0 60, , , , , , , ,0 20,0 17, , ,9 37,9 23,9 39,2 32,3 0,0 I Q 2004 II Q 2004 III Q 2004 IV Q 2004 I Q 2005 II Q 2005 III Q 2005 IV Q 2005 I Q 2006 II Q 2006 III Q 2006 IV Q 2006 I Q

11 Sales on the same outlets month-on on-month comparison S ale s on the same store s Q ,0% 70,0% 60,0% 50,0% 43,7% 40,0% 30,0% 5,8% 20,0% 6,2% 10,0% 12,0% 17,1% 23,3% 29,1% 0,0% 5,1% 5,1% Q Representative base 6 stores 15 stores 36 stores 65 stores 104 stores 11

12 Sales dynamics at the retail chain in comparable outlets Months 2006 Accrued January 19,38% 19,38% February 6,34% 12,10% March -19,45% -4,91% April 14,93% 4,24% May 10,85% 6,31% June 15,51% 8,04% July -1,11% 6,77% August 9,28% 6,93% September 14,50% 7,57% October 12,72% 8,29% November 5,72% 7,91% December -15,00% 5,78% Q January 2,84% 2,84% February 13,54% 7,00% March 85,82% 43,67% 12

13 Fixed costs Q Average cos t , , , ,00 Average s ales margin Required s ales 42,75 49,90 51,85 53, , , , ,84 Average s ales (execution) , , , ,97 Average area of stores opened before ,08 Average area of stores opened in ,22 Average area of stores opened in ,52 Average area of stores w orking in the 4Q ,96 Average area of stores w orking in the 4Q ,68 change % 4Q 2005/2006 4,07 13

14 Forecast 2007 Consolidated (PLN mln) 2007 Forecast 2007 Change Revenues 400,86 540,0 +34,7 % EBIT 61,99 95,0 +53,2 % Net profit 53,14 81,0 +52,4 % Assumptions: opening of 40 branded CCC stores opening of 10 boutiques Quazi opening of 50 proprietary shops and 80 franchised Boti shops growth of sales on the existing stores by 5% 14

15 Retail chain development CCC store s Targe t: ok F Brande d shops BOTI own franchise d Targe t 2009: DISTRIBUTION CHANNELS QUAZI botique s Targe t: 60 Cze ch Re p Targe t: ok

16 BOTI efective moderate price widely available 16

17 NG2 Group General Review 17

18 History 18

Operating structure of NG2 Group As of 30.06.2007 2 3 386 outlets Domestic suppliers Foreign suppliers CCC (146) Quazi (19) Boti (26) Proprietory stores (203) Czech Rep.

19 Operating structure of NG2 Group As of outlets Domestic suppliers Foreign suppliers CCC (146) Quazi (19) Boti (26) Proprietory stores (203) Czech Rep. (12) In-house manufacturing Flexibility of supplying Tax advantages 1 productio n only for NG2 need NG2 SA Efficient logistics Ordering based on www Franchise stores ( Boti) Partner stores (8) (XII 2005: 45) Final client 19

20 Distribution chain franchise & partner stores 183 shops: 126 franchised shops, 8 partner shops, slightly smaller average shop area (appr.190 m 2 ) + 49 franchised Boti Retail margin covers franchiser s all costs (incl. lease, most of quality claims) Favourable for NG2 franchise agreements: Sales of NG2 products exclusively, Franchisers loyalty level very high: Long-standing business relations NG2 leases directly most of franchised locations (mainly in shopping centres), that generated over 50 % sales of franchised network (lease costs reimbursed with 2% margin) Liczba sklepów Number of franchised & partner locations Q Optimising of franchised network Q

21 Distribution chain proprietary stores 146 proprietary stores of average area about 350 m 2 19 boutiques of new line QUAZI 26 shops of new brand BOTI Established on leased locations Generating average retail margin of 48,6% liczba sklepów ,1 Number of stores ,3 50 Proprietory stores in Poland 22,8 Area '000 m , , , Q powierzchnia handlowa w tys. m2 Retail sales revenues (%) to total sales revenues 100% 80% 60% 40% 20% 0% ,34% 59,98% 25,91% 32,15% 98,73% 93,04% 73,02% 268,67 343,72 400,86 278,57 266,1 210,06 67,85% 54,66% 40,02% 26,98% 74,09% 1,27% 6,96% Forecast 2007 Franchise outlets (including partner stores) Proprietory chain Total sales revenues

22 Structure of Shareholders In November 2004, NG2 S.A. joined the stock market and with the day of 2 nd December 2004 is quoted at the Warsaw Stock Market The principal shareholder and the founder of NG2 Group is Mr Dariusz Miłek, the President of the Board of Directors Other members of the Management are shareholders, as well Total amount of shares Leszek Gaczore k ,98% Free float 30,62% Dariusz Miłek ,16% Other Me mbe rs of Management 2,24% 22

23 Thank you for your attention NG2 S.A. Polkowice, ul. Strefowa Polkowice tel.: (076) Fax: (076) ng2@ng2.pl www: 23

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