New Wave Group Annual Report 2024 | Page 99

NWG // FINANCIAL INFORMATION // THE GROUP
Gifts &
Net sales per sales channel and segment
Corporate
Sports & Leisure
Home Furnishings
Total
SEK million 2024 2023 2024 2023 2024 2023 2024 2023
Promo
4,650.2
4,726.9
1,243.6
1,132.6
195.4
203.8
6,089.2
6,063.5
Retail
28.7
30.3
2,744.7
2, 742.0
666.1
677.3
3,439.5
3,449.5
Total revenue from contracts with customers 4,678.9 4, 757.1 3,988.3 3,874.6 861.5 881.1 9,528.7 9,512.9
Net sales per geographic area and segment
Corporate
Sports & Leisure
Gifts &
Home Furnishings
Total
SEK million
2024
2023
2024
2023
2024
2023
2024
2023
USA
277.5
274. 7
1,867.0
1,819.1
58.3
62.5
2,202.8
2,156.2
Sweden
483.3
504.4
729.4
777.4
732.7
732.3
1,945.5
2,014.1
Central Europe
1,794.3
1, 767.8
491.5
426.2
22.0
23.9
2, 307.7
2, 217.9
Nordic countries excl. Sweden
471.4
505.7
584.5
517.6
42.0
51.3
1, 097.9
1,074. 5
Southern Europe
1,107.4
1,169.8
122.5
127.2
0.4
0.4
1,230.2
1,297.3
Other countries
545.1
534.8
193.5
207.2
6.1
10.8
744. 6
752.8
Total revenue from contracts with customers
4,678.9
4, 757.1
3,988.3
3,874.6
861.5
881.1
9,528.7
9,512.9
Starting from the 2025 financial year, the reporting on geographical areas will be updated, as Benelux will be reported separately as its own region.
With the new regional classification, the result for 2024 will be as follows:
Net sales per geographic area and segment
Gifts & Home
Corporate
Sports & Leisure
Furnishings
Total
SEK million 2024 2023 2024 2023 2024 2023 2024 2023
North America * 366.3 375.2 2,060.5 2,025.3 58.3 62.5 2,485.1 2,463.0
Sweden 483.3 504.4 729.4 777.4 732.7 732.3 1,945.5 2,014.1
Benelux 1,100.6 1,083.0 280.1 227.7 0.0 0.0 1,380.7 1,310. 7 Nordic countries excl. Sweden 471.4 505.7 584.5 517.6 42.0 51.3 1, 097.9 1,074. 5 Rest of Europe ** 1,801.0 1,854.5 333.9 325.7 22.4 24.3 2,157.2 2,204.5 Other countries 456.3 434.3 0.0 1.0 6.1 10.8 462.4 446.1
Total 4,678.9 4, 757.2 3,988.4 3,874.6 861.5 881.1 9,528.7 9,512.9 * Of which USA 277.5 274. 7 1,867.0 1,819.1 58.3 62.5 2,202.8 2,156.3
** Rest of Europe consists of Great Britain, Germany, France, Spain, Italy, Switzerland, Poland, Austria and Ireland.
Contractual assets and right-of-return assets
SEK million 2024 2023
Contractual assets Accounts receivable 1,596.7 1,475.2
Accrued income with additional
performance obligation
3.9
2.4
Right-of-return assets
Inventory expexted in
return- finished goods
8.7
10.3
Total 1,609.3 1,487.9
All contractual assets and right-of-return assets are due within 12 months.
Contractual liabilities and repayment liabilities
SEK million 2024 2023 Contractual liabilities
Prepaid revenue 17.5 18.9
Repayment liabilities
Repayment liabilities for
expected returns
16.6
17.2
Repayment liabilities for
accrued bonuses, kick-backs,
rebates
98.0
95.4
Total 132.1 131.5
All contractual liabilities and repayment liabilities are due within 12 months.
Other operating income
SEK million 2024 2023 Exchange rate gains 52.0 65.0 Capital gains 4.8 7.9 Government grants 7.0 18.6
Result from business
combinations
0.0
6.5
Other income 31.5 32.7 Total 95.3 130.7
ANNUAL REPORT // 099