Earnings Call Summary | Lanvin Group(LANV.US) Q4 2023 Earnings Conference
Earnings Call Summary | Lanvin Group(LANV.US) Q4 2023 Earnings Conference
The following is a summary of the Lanvin Group Holdings Limited (LANV) Q4 2023 Earnings Call Transcript:
以下是浪凡集團控股有限公司（LANV）2023年第四季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Lanvin Group reported a revenue of €426 million in 2023, marking a 1% growth from 2022, and a three-year compound annual growth of 24%.
Gross profit increased to €251 million, improving the margin to 59% from 56% in 2022.
The APAC region and e-commerce showed growth of 8% and 3% respectively. The US digital platform has been a key player in this aspect.
Profit margins showed an overall improvement with gross profit margin by over 250 basis points, contribution profit margin by 255 basis points, and adjusted EBITDA margin near 200 basis points.
Lanvin brand saw a decrease of 7% in revenue due to industry-wide difficulties, but gross profit improved to 58%.
Wolford improved profitability by more than €10 million compared to 2022 and Sergio Rossi's DTC growth grew especially in the APAC region.
St. John saw 5% growth in 2023, with Direct-to-consumer (DTC) revenue improved by 7% and e-commerce growth of 14%.
Caruso demonstrated significant growth and margin improvement, through strategic restructuring efforts, achieved breakeven adjusted EBITDA in Q1 2023.
浪凡集團報告稱，2023年收入爲4.26億歐元，比2022年增長1％，三年複合年增長24％。
毛利增至2.51億歐元，利潤率從2022年的56％提高到59％。
亞太地區和電子商務分別增長了8％和3％。美國數字平台一直是這方面的關鍵參與者。
利潤率總體上有所改善，毛利率超過250個點子，貢獻利潤率提高了255個點子，調整後的息稅折舊攤銷前利潤率接近200個點子。
由於全行業的困難，Lanvin品牌的收入下降了7％，但毛利潤提高到58％。
與2022年相比，沃爾福德的盈利能力提高了超過1000萬歐元，塞爾吉奧·羅西的DTC增長尤其是在亞太地區。
聖約翰在2023年增長了5％，直接面向消費者（DTC）的收入增長了7％，電子商務增長了14％。
通過戰略重組，卡魯索表現出顯著的增長和利潤率的提高，在2023年第一季度實現了盈虧平衡調整後的息稅折舊攤銷前利潤。
Business Progress:
業務進展：
Lanvin Group successfully launched its US digital platform and made considerable progress in enhancing the delivery vehicle and improving retail footprint.
Brands such as Wolford and Caruso have made significant progress regarding product development, strategic alignment, and market expansion.
The group is adopting a strategy focused on rationalization with plans to introduce more of Wolford's leisure wear and leggings due to their success.
The orientation towards accessories and leather goods sectors is gaining momentum with plans to improve gross profit margin, inventory turns, and merchandising strategy.
The company has revised its goal, aiming for cash breakeven at a group level by 2025 due to unforeseen macroeconomic headwinds.
Future focus areas include balancing regional growth both in retail and online, expanding market share, and accelerating footprint growth with Lanvin Lab as a key growth driver.
Lanvin Group成功推出了其美國數字平台，並在增強送貨工具和改善零售足跡方面取得了長足的進展。
沃爾福德和卡魯索等品牌在產品開發、戰略調整和市場擴張方面取得了重大進展。
該集團正在採取以合理化爲重點的戰略，並計劃推出更多沃爾福德的休閒服裝和緊身褲，因爲它們取得了成功。
隨着毛利率、庫存週轉率和銷售策略的計劃，向配飾和皮革製品行業的發展勢頭增強。
由於不可預見的宏觀經濟不利因素，該公司已經修改了目標，目標是到2025年實現集團層面的現金盈虧平衡。
未來的重點領域包括平衡零售和在線領域的區域增長，擴大市場份額，以及以Lanvin Lab作爲關鍵增長動力的加速足跡增長。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。