The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Erwan Rambourg - HSBC - Analyst
: Yeah, hi, and thanks a lot for taking my two questions. So I think you said in the short term, you were expecting Q1 to be down low to mid single
digit. I'm wondering if you could give a bit of granularity by region. And I don't know if I heard this correctly, but I seem to have heard that you
were mentioning that India, at least in the short term, was maybe doing a bit better.
And then my second question is around the marketing spend ratio. Obviously, better profit than expected in Q4, partly on the back of that ratio
coming down. Is that just a timing issue or is it a scale advantage? How do you think about the sort of ratio of advertising to sales for this year and
the longer term? Thank you.
Question: Erwan Rambourg - HSBC - Analyst
: Excellent. Thank you so much. Best of luck.
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MARCH 13, 2025 / 12:00PM, 1910.HK - Full Year 2024 Samsonite Group SA Earnings Call
Question: Kai Sheng - Haitong Securities - Analyst
: Thank you for taking my questions and good evening. My first question is actually about the store expansion because we still see continued store
expansion last year. So let me know more color about the store expansion plan in terms of different regions. And my second question is actually
about the guidance for the whole year, because we've already seen some color for the first quarter. Maybe if we can know more details about the
revenue and also the margins side for the whole year? Thank you.
Question: Dustin Wei - Morgan Stanley` - Analyst
: Thanks for taking my question. So, given this macro uncertainty, what's kind of the growth driver that you think you can control and is the biggest
like focus for the management this year? It's going to be the store opening or new products, just want to know more growth driver for two me and
Samsung I need this year. In terms of the capital allocation, like your free cash flow is very strong, which is good. So in that context, so what's the
order of the preference for you for the buyback, dividend, and the date debt repayment?
Question: Dustin Wei - Morgan Stanley` - Analyst
: That's great. And we assume that you know 2025 you will try to see the similar margin versus last year?
Question: Dustin Wei - Morgan Stanley` - Analyst
: Thank you so much, thank you.
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