Full Year 2023 Samsonite International SA Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Dustin Wei - Morgan Stanley - Analyst : Thank you so much for this opportunity. So first question, just a follow-up on Kyle's comments. Wondering you have some of the trading update to support your I think, pretty bullish outlook for 2024. So that's number one. And number two, sort of by brand (inaudible) fantastic value disclosed on the brand by region, kind of sales this year. Hope you can continue. And you're interested to see that Tumi sales in the mature markets were up double digit in '23. So you talk about Tumi Golf and know that because you just you're taking a little bit and what's the expectation or can Tumi even delivered double digit in mature market in '24? And if that's the case, what's the driver? And the last exciting note on the brand size, American Tourister, knowing that is more sort of Asia brand, not quite sort of the America with Europe brand, but the sales indeed, tip a little bit in '23. I think you previously also mentioned that I think in China you also seen the American Tourister underperforming the Samsonite and the Tumi, so how should we think about this brand in '24? Because in '23, I think there's a low base in Asia, but in '24 less of the low base for this brand. So how should we think about this brand in '24? So that's the now the sort of brand sales question. And then the EBITDA margin. Also exciting to hear about your sort of guidance and targets. But from a longer-term perspective, we will compare the 2023's EBITDA margin by region versus their respective peaks. We'll found out that actually

Question: Dustin Wei - Morgan Stanley - Analyst : The EBITDA margin by regions and what we're seeing there? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. MARCH 14, 2024 / 1:00AM, 1910.HK - Full Year 2023 Samsonite International SA Earnings Call