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新秀丽(01910) - 2023 - 中期财报
2023-09-13 11:35
Financial Performance - Samsonite achieved consolidated net sales of US$1,776.2 million for the first half of 2023, an increase of 45.7% compared to 2022 and 16.2% compared to 2019[3]. - For the six months ended June 30, 2023, consolidated net sales increased to $1,776.2 million, a 39.8% increase compared to $1,270.2 million in the same period of 2022[56]. - Gross profit for the same period was $1,043.6 million, reflecting a 47.5% increase from $707.4 million in 2022[56]. - Operating profit rose significantly by 95.3% to $312.1 million, up from $159.9 million in the prior year[56]. - Profit for the period increased by 150.7% to $171.4 million, compared to $68.5 million in the previous year[56]. - Adjusted EBITDA for the six months ended June 30, 2023, was $334.3 million, a 70.9% increase from $195.6 million in 2022[56]. - Adjusted Net Income increased by 104.9% to $170.9 million, compared to $83.3 million in the same period of 2022[56]. - Basic earnings per share rose to $0.106, a 170.4% increase from $0.039 in the prior year[56]. - The Group's total liquidity as of June 30, 2023, is US$1,344.3 million, consisting of US$599.0 million in cash and cash equivalents and US$745.4 million available under the revolving credit facility[24]. - The total net leverage ratio is below pre-pandemic levels, calculated by dividing total consolidated net debt minus unrestricted cash by consolidated Adjusted EBITDA for the trailing four fiscal quarters[25]. Market Recovery and Growth Prospects - The group expects a quick recovery in its business in China, with outbound travel from China anticipated to accelerate in the coming months[21]. - The group anticipates an acceleration in the recovery of international travel globally as long-haul flight capacity continues to increase[21]. - Business in China and Asia is rapidly recovering, with expectations for accelerated growth in outbound tourism from China in the coming months[27]. - The strong growth in travel during the summer of 2023 is expected to drive continued demand and business growth[91]. - The recovery in outbound travel from China is expected to accelerate, driving further net sales growth in Asia, Europe, and North America[138]. - The summer travel season in the Northern Hemisphere is expected to be strong due to pent-up demand in North America and Europe, and the reopening of China and other major Asian markets[141]. Marketing and Sales Strategy - The company aims to increase the proportion of net sales from its direct-to-consumer e-commerce channel[21]. - Samsonite plans to invest in marketing with a target advertising spend close to 6.5% of its consolidated net sales for 2023[21]. - The Group plans to increase marketing investments in 2023, targeting advertising expenses to account for approximately 6.5% of total net sales to capitalize on the recovery of the travel industry[27]. - The company plans to increase marketing spend to approximately 6.5% of net sales in 2023, up from 5.4% in 2022, to support ongoing recovery in travel[109]. - The Group's marketing expenses as a percentage of net sales increased by 190 basis points from 4.5% to 6.4% for the six months ended June 30, 2023[61]. Product Development and Innovation - The company is focused on developing lighter and stronger new materials and innovative functionalities through continued investment in research and development[21]. - Continued investment in research and development is planned to create lighter, more durable materials and innovative features for consumers[27]. - The company plans to invest in product innovation, sustainability initiatives, and enhancements to its global retail store network to capitalize on ongoing travel recovery and drive net sales growth[140]. Sustainability Commitment - The company emphasizes its commitment to sustainability through its "Our Responsible Journey" initiatives, integrating environmental, social, and governance (ESG) practices into its core business[21]. - The commitment to sustainability and innovation, along with a diverse geographic footprint and complementary brands, is expected to strengthen Samsonite's market position and drive sustainable long-term growth[140]. - A new sustainability materiality assessment will be conducted starting in Q3 2023, involving key stakeholders to inform new targets and initiatives on product sustainability and other material topics[142]. - The implementation of a new sustainability software system aims to strengthen systems and processes, with a goal of achieving third-party limited assurance[142]. - The company is onboarding and growing internal ESG resources to support its sustainability efforts[142]. Operational Efficiency - The Group will maintain disciplined expense management on fixed selling, general, and administrative expenses while making selective investments in core strategic functions[27]. - Fixed SG&A expenses as a percentage of net sales were 23.0% for the first half of 2023, down from 26.2% in the first half of 2022[74]. - The company will focus on managing discounting and promotional activities, as well as non-marketing SG&A expenses, to drive positive operating leverage and improve net sales margins[140]. Brand Performance - The Tumi brand's net sales increased by 51.7% year-on-year, raising its share of total net sales to 23.7% in the first half of 2023[115]. - All core brands showed strong growth, with Samsonite's net sales up by 47.1% and American Tourister's by 42.5% compared to the same period in 2022[115]. - The Samsonite brand recorded net sales of US$880.3 million, up 42.0% year-on-year, while Tumi's net sales increased by 48.5% to US$421.1 million[177]. Distribution Channels - The Group's net sales by distribution channel showed a strong performance, with direct-to-consumer sales contributing significantly to overall growth[195]. - Direct-to-consumer (DTC) sales rose to US$669.0 million, reflecting a 46.4% increase from US$456.9 million in the prior year[196]. - The DTC segment accounted for 37.7% of total net sales in the first half of 2023, up from 36.0% in the first half of 2022[196]. - The wholesale channel represented 62.3% of total net sales, while DTC accounted for 37.7% in the first half of 2023[196]. - The company continues to focus on expanding its distribution channels and enhancing its e-commerce capabilities[198].
新秀丽(01910) - 2023 - 中期业绩
2023-08-16 11:16
香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責,對其準確性或完整性亦不發表任何聲 明,並明確表示,概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 SAMSONITE INTERNATIONAL S.A. 13-15 avenue de la Liberté, L-1931 Luxembourg R.C.S. LUXEMBOURG: B 159.469 (於盧森堡註冊成立之有限公司) (股份代號:1910) 截至 2023年 6月 30日止六個月 中期業績公告 ...
新秀丽(01910) - 2023 Q1 - 季度业绩
2023-05-11 11:41
香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責,對其準確性或完整性亦不發表任何聲明,並明確表 示,概不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 SAMSONITE INTERNATIONAL S.A. 13-15 avenue de la Liberté, L-1931 Luxembourg R.C.S. LUXEMBOURG: B 159.469 (於盧森堡註冊成立之有限公司) (股份代號:1910) 截至 2023 年 3 月 31 日止期間季度報告 新秀麗國際有限公司(「本公司」,連同其綜合附屬公司統稱為「本集團」)董事會欣然呈列本集團於 2023年 3 月 31 日以及截至該日止三個月期間之未經審計綜合財務及業務回顧連同截至 2022年 3月 31日止三個月期間之比較數字。本 公告是根據《證券及期貨條例》第 XIVA 部內幕消息條文及《香港聯合交易所有限公司證券上市規則》第 13.09(2)(a)條 作出。 財務業績概要及財務摘要 財務業績概要 於 2023 年第一季度,本集團業務的復甦步伐持續加速,綜合銷售淨額及經調整 EBITDA 利 ...
新秀丽(01910) - 2022 - 年度财报
2023-04-20 14:53
Sams Samsonite International S.A. 新秀麗國際有限公司 Stock Code 股份代號 1910 RAVEL IS BACK 2022 Annual Report 年報 B Sams�nIte hartmann ebags We are pleased with Samsonite's progress in 2022. With the continued easing of pandemic-related restrictions, there has been a strong recovery in travel across most of our markets globally, enabling the Group to achieve strong results for the year ended December 31, 2022, and positioning the business for sustained revenue and earnings growth going forward. 我們對新秀麗於2022年取得的進展感到欣慰。隨着疫 ...
新秀丽(01910) - 2022 - 年度业绩
2023-03-15 10:05
香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責,對其準確性或完整性亦不發表任何聲 明,並明確表示,概不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 SAMSONITE INTERNATIONAL S.A. 13-15 avenue de la Liberté, L-1931 Luxembourg R.C.S. LUXEMBOURG: B 159.469 (於盧森堡註冊成立之有限公司) (股份代號:1910) 截至 2022年 12月 31日止年度 末期業績公告 ...
新秀丽(01910) - 2022 - 中期财报
2022-09-14 03:05
Samsonite International S.A. 新秀麗國際有限公司 Stock Code 股份代號 1910 2022 I N T E R I M R E P O R T 中 期 報 告 ams on OUR RESPONSIBLE JOURNEY WE continue to be encouraged by Samsonite's progress in the first half of 2022. We maintained the positive sales momentum and financial performance from the second half of 2021 to achieve a great set of results for the six months ended June 30, 2022. As we look to the second half of 2022, we are confident in our ability to capitalize on the continued recovery in global travel fro ...
新秀丽(01910) - 2021 - 年度财报
2022-04-13 09:52
Sams 👍nite OUR RESPONSIBLE JOURNEY 2021 Annual Report 年報 Samsonite International S.A. 新秀麗國際有限公司 Stock Code 股份代號 1910 OUR RESPONSIBLE JOURNEY We are pleased with Samsonite's progress in 2021. With increased vaccination rates, easing of social-distancing measures and reopening of domestic travel in markets around the world, our performance markedly improved. With our strong financial position, proven discipline in controlling costs and managing cash, as well as our highly responsive, decentralized management ...
新秀丽(01910) - 2021 - 中期财报
2021-09-15 09:12
| --- | --- | --- | --- | |--------------------------------------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | since 1910 YOUR EMPOWERING | | | | | INTERIM REPORT 中期報告 2021 | | | | | Samsonite International S.A. 新秀麗國際有限公司 | | | | Stock Code 股份代號 1910 SAMSONITE made very encouraging progress during the first half of 2021, particularly during the second quarter. With increased vaccination rates, relaxation of social-distancing measures and the re ...