Fiskars Group Q3/ Helsinki, November 1, 2013

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Cory Brooks
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1 Fiskars Group Q3/ Helsinki, November 1, 2013 Page 1 Fiskars Q3 2013

Fiskars brands and design awarded once again 4 out of

(ympäristömerkki) 5 8 Hackmann 6 3 Hyvää Suomesta

2 Fiskars brands and design awarded once again 4 out of 10 Most Respected Brands in Finland rd Best Company Reputation in Finland Brand 1 1 Fazerin Sininen 2 2 Fazer 3 5 Fiskars 4 4 Joutsenmerkki (ympäristömerkki) 5 8 Hackmann 6 3 Hyvää Suomesta -merkki (joutsenlippu) 7 6 Valio voi 8 9 Arabia 9 7 Iittala Lego 2 nd Strongest Brand 11 th Most Valuable Brand On NASDAQ OMX Helsinki Brandworxx study 2013 Page 2 Fiskars Q3 2013

3 Q3 2013: Strong performance maintained through determined efforts Net sales MEUR,+6% EBIT excl. NRI 15.4 MEUR, +17% Result driven by Royal Copenhagen, operational efficiency and cost control Garden net sales +9% cn First pan-european garden campaign boosts fall season Outlook for 2013 unchanged: FY sales and EBIT excl. NRI to grow Page 3 Fiskars Q3 2013

4 Page 4 Fiskars Q DISPLAYS 9 COMPANY SALES DAYS

5 Fiskars 365: Celebrating centuries of pride, passion and design every day 200 FISKARS EMPLOYEES AND FAMILY MEMBERS IN FINLAND CAME TOGETHER IN THE SPIRIT OF COMMUNITY VOLUNTEERING Page 5 Fiskars Q3 2013

6 New Iittala locations Cafe, Shuzhou, China Store, Shenzhen, China Flagship Store, Helsinki, Finland Showroom Milan, Italy Page 6 Fiskars Q3 2013

7 Net Sales and EBIT in Q Fiskars Group Net sales by quarter, MEUR EBIT by quarter, MEUR ,0 190,3 190,4 217,6 +6 % 177,9 14,0% 12,0% 10,0% 8,0% 6,0% 4,0% 2,0% ,8 13,2 13,0 0,0 27,8 16,6-2,1-1,7 15,4-6,6 0 Q Q Q Q Q Cn +10 % 0,0% -10 Q Q Q Q Q EBIT excl. NRI, % 7,8 % 6,9 % 8,7% 12,8 % 8,6% EBIT excluding non-recurring items Non-recurring items Page 7 Fiskars Q3 2013

8 EMEA and Americas in Q EMEA Net sales MEUR, +11 %, cn, excl. RC, -2 % Strong Garden sales, Home sales contracted EBIT excl. NRI +24% due to RC, operational efficiency and cost control NRIs: 3.7 MEUR goodwill impairment and 0.9 real estate write-down, 2.0 MEUR restructuring costs Americas Net sales 60.7 MEUR, +0%, cn +6% Garden and Outdoor Commercial sales up, Outdoor institutional sales down EBIT 7.6 MEUR, -6% EMEA Net sales and EBIT % by quarter, MEUR EBIT excl. NRI % ,0 132,9 134,7 149,6 119,8 Q Q Q Q Q ,5% 8,2% 7,5% 12,2% 8,4% Americas Net sales and EBIT % by quarter, MEUR 60,7 58,5 58,0 71,3 60,7 20,0% 16,0% 12,0% 8,0% 4,0% 0,0% 20,0% 16,0% 12,0% 8,0% 4,0% 0 EBIT excl. NRI % Q Q Q Q Q ,2% 8,9% 15,4% 16,5% 12,5% 0,0% Page 8 Fiskars Q3 2013

9 Q3 Spotlight: EMEA transformation programs Page 9 Fiskars Q3 2013

10 Implementation of common systems proceeds in EMEA Single largest system implementation in September Effects on deliveries in the Nordic countries seen in Q3 May affect operational efficiency and cost levels during the rest of the year Sept, Fiskars Q3 2013

EMEA 2015 restructuring program update Estimated total restructuring costs 25-30 MEUR 2013-2014 3.

8 related to ceramics production in Helsinki Extension of Iittala glass factory begun, consolidation of glass

11 EMEA 2015 restructuring program update Estimated total restructuring costs MEUR MEUR in Q1-Q2 2.0 MEUR in Q3, of which 0.8 related to ceramics production in Helsinki Extension of Iittala glass factory begun, consolidation of glass manufacturing in Q Helsinki ceramics factory to focus on flatware and product development Organization in Sweden restructured, new sales unit based in Stockholm Page 11 Fiskars Q3 2013

12 Q3 Business Review Page 12 Fiskars Q3 2013

13 Operating environment in Q3 Business environment and consumer confidence started to improve in Europe during the third quarter but demand was still cautious and volatile In Finland economic indicators were negative and the retail environment weak, with many retailers reporting a strong decline in sales towards the end of the quarter In North America, federal budget uncertainty continued and businesses were conservative with their spending Employment continued to improve, albeit slowly, and retail growth slowed from the first half of the year Institutional spending was hampered by the federal budget issues Page 13 Fiskars Q3 2013

14 Q3 Home Page 14 Fiskars Q3 2013

15 Home Q Net sales 88.2 MEUR, + 11 %, comparable net sales (cn. and excl. Royal Copenhagen) -7% In EMEA, net sales were affected by weak retail environment in Finland Major system implementation hampered deliveries in Nordic markets Royal Copenhagen performed well In Americas, good back-to-school season continued 120,0 100,0 80,0 60,0 40,0 20,0 Net Sales, MEUR 14,0 64,0 16,6 16,4 78,8 77,5 76,4 79,3 71,8 0,0 Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Royal Copenhagen, MEUR Home, MEUR Page 15 Fiskars Q3 2013

16 Q3 Garden Page 16 Fiskars Q3 2013

17 Garden Q Net sales 60.3 MEUR, +5 %, cn +9% In EMEA, pan-european campaign boosted sales and successful business-to-business initiatives brought Fiskars to new consumers in Central and Eastern Europe In Americas, strong performance driven by wood preparation and increased placement among key customers 100,0 Net Sales, MEUR 80,0 60,0 40,0 20,0 82,5 87,3 51,2 59,3 57,7 60,3 0,0 Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Page 17 Fiskars Q3 2013

18 Q3 Outdoor Page 18 Fiskars Q3 2013

19 Outdoor Q Net sales 28.6 MEUR, -5%, cn. +1% In EMEA, Gerber sales topped 2012 level thanks to successful business-to-business campaigns. Boats sales at last year s level despite market decline. In Americas, Outdoor sales flat as continued slump in government spending affected institutional sales Commercial segment grew, driven by survival category Net Sales, MEUR 45,0 40,0 35,0 30,0 25,0 20,0 15,0 10,0 5,0 0,0 Q Q Q ,9 33,8 Q Q Q Q Q ,5 28,6 30,1 28,6 Q Q Q Q Q Q Q Q Page 19 Fiskars Q3 2013

20 Q3 Business Review Page 20 Fiskars Q3 2013

21 Cash flow and debt Q3 2013, MEUR 45 Cash flow from operating activities 140 Working Capital 14,0 Capital expenditure 250 Net debt ,0 11, ,0 9,0 10,1 10,3 8, , ,0 4, , ,0 0 Page 21 Fiskars Q3 2013

22 Key ratios Q ,45 0,40 0,35 0,30 0,25 0,20 0,15 0,10 0,05 EPS* 0,39 0,22 0,25 0,33 0,16 8,0 7,0 6,0 5,0 4,0 3,0 2,0 1,0 Equity per Share 7,56 7,21 7,28 7,42 7, Equity ratio, % Gearing, % ,00 0,0 0 0 Page 22 Fiskars Q3 2013

Outlook for 2013 Business environment and consumer confidence in Europe started to improve during the third quarter, except for Finland, which is a significant market for Fiskars.

23 Outlook for 2013 Business environment and consumer confidence in Europe started to improve during the third quarter, except for Finland, which is a significant market for Fiskars. Uncertainty related changes in manufacturing and significant rollouts of common systems that took place in the third quarter may temporarily impact sales and operational efficiency during the rest of the year, and increase fixed costs. Following the acquisition of Royal Copenhagen, the weight of the fourth quarter in full-year sales and profit has further increased. Negative issues related to demand for Home products during the last quarter could affect the full-year results. We expect the Group s full-year 2013 net sales and operating profit excluding non-recurring items to be above 2012 levels. Page 23 Fiskars Q3 2013

24 Fiskars share price development 2009 Q Valuation of Fiskars own operations and the share of Wärtsilä shares Fiskars Stand alone / share Wärtsilä / Fiskars share OMXH25 Dividend Dividend A: 0,50 K: 0,48 Dividend 0,52 Dividend 1,90 Dividend 0,62 Dividend 0,65 Page 24 Fiskars Q3 2013

25 TOMORROW S FISKARS World Class Branded Consumer Goods Company Page 25 Fiskars Q3 2013

Q3 & 9M 2018 Results Presentation. October 24 th, 2018

Q3 & 9M 2018 Results Presentation October 24 th, 2018 Q3 & 9M HIGHLIGHTS & CATEGORY SPOTLIGHTS Gonzalve BICH 3Q and 9M 2018 Results Presentation 2 9 Months 2018 Key Messages Continued challenging trading