fy2002

THE BVLGARI GROUP : 

THE BVLGARI GROUP Fiscal Year 2002 Rome, 27 March 2003

FINANCIAL RESULTS FY 2002 AND Q4 2002 M.EURO: 

FINANCIAL RESULTS FY 2002 AND Q4 2002 M.EURO

BVLGARI REVENUES per QUARTERin M.EURO for FY 2002 and previous years : 

BVLGARI REVENUES per QUARTER in M.EURO for FY 2002 and previous years

REVENUE % GROWTHBY GEOGRAPHICAL AREA: 

REVENUE % GROWTH BY GEOGRAPHICAL AREA

REVENUE % BREAKDOWNBY GEOGRAPHICAL AREA: 

REVENUE % BREAKDOWN BY GEOGRAPHICAL AREA

REVENUE % GROWTHBY PRODUCT LINE: 

REVENUE % GROWTH BY PRODUCT LINE

REVENUE % BREAKDOWNBY PRODUCT LINE: 

REVENUE % BREAKDOWN BY PRODUCT LINE

EVOLUTION OF TOTAL REVENUESvs. TOTAL OPERAT.EXPENSES: 

EVOLUTION OF TOTAL REVENUES vs. TOTAL OPERAT.EXPENSES 9/11

ADVERTISING AND PROMOTIONINVESTEMENTS IN M.EURO AND AS A % ON REVENUESas well as INDICATION OF REVENUE GROWTH ON THE YEAR: 

ADVERTISING AND PROMOTION INVESTEMENTS IN M.EURO AND AS A % ON REVENUES as well as INDICATION OF REVENUE GROWTH ON THE YEAR 9.9% 9.6% 10.2% 11.1% 13.6% 12.6% % on REV 12.2% 13.4% +1% +32% +17% +28% +23% +33% REVENUE GROWTH +39% +13%

CONSOLIDATED TAX RATE: 

CONSOLIDATED TAX RATE

NET WORKING CAPITAL: 

NET WORKING CAPITAL

CAPITAL EXPENDITUREM.EURO: 

CAPITAL EXPENDITURE M.EURO

CASH FLOW GENERATIONM.EURO: 

CASH FLOW GENERATION M.EURO

BALANCE SHEET HIGHLIGHTSM.EURO: 

BALANCE SHEET HIGHLIGHTS M.EURO

GEARING: 

GEARING

2002 – ACTIVITIES: 

2002 – ACTIVITIES Network New openings and refurbishments/relocation of monobrand boutiques Products New launches And intense marketing activities on existing product lines Advertising and promotion Cost-effective use of A&P tools

2002 – STORE REFURBISHMENTS and NEW OPENINGS: 

2002 – STORE REFURBISHMENTS and NEW OPENINGS

2002 – NEW PRODUCTS: 

2002 – NEW PRODUCTS JEWELLERY Existing lines extensions LUCEA - white gold with white and grey pearls B.zero1 ring - white gold with blue topazes or rhodolite WATCHES New products and line extensions B.zero1 watch – steel, steel+diamonds, yellow gold versions Rettangolo Rubber Chrono – steel version Diagono Professional Tachymetric Chronograph - steel Diagono Professional GMT – steel and yellow gold versions

2002 - NEW PRODUCTS: 

2002 - NEW PRODUCTS PERFUMES Existing lines extensions: Absolute BLV Eau Parfumée au The Vert Ritual Edition ACCESSORIES Existing lines extensions: B.zero1 handbag and small leather goods f/w and s/s new collections of silk items New collection of eyewear

2002 – PR AND PROMOTION ACTIVITIES: 

2002 – PR AND PROMOTION ACTIVITIES CORPORATE PR ACTIVITY Hong Kong Grand Opening Ginza Grand Opening Zurich Grand Opening EDITORIALS >22,000 articles and covers of magazines on Bvlgari brand and products +12% vs previous year

2002 – PR AND PROMOTIONACTIVITIES: 

2002 – PR AND PROMOTION ACTIVITIES MOVIE/TV PRODUCT PLACEMENTS Minority Report, Absolument Fabuleux, Serving Sara, And now Ladies and Gentlemen… Sex and the city VIP ENDORSEMENTS Oscars 2002: Nicole Kidman, Jodie Foster, Naomi Watts, Sting… Grammy’s: Mary J.Blige… Cannes: Emily Watson, Andy McDowell, Claudia Cardinale… Venice: Milla Yovovich, Charlize Theron… Golden Globes: Jennifer Aniston, Kate Hudson, Lisa Kudrow… Other: Bono, Larry King, Sharon Stone, Liz Hurley, Penelope Cruz, Tom Cruise, Anggun, Zhang Zyi, Halle Berry… Oscars 2003: Adrien Brody, Bono, Hillary Swank, Claire Forlani…

QUESTIONS & ANSWERS: 

QUESTIONS & ANSWERS ANNEX A COMPREHENSIVE SELECTION OF PHOTOS FEATURING: PRODUCTS LAUNCHED IN 2002 STORES RENOVATED/OPENED IN 2002 EDITORIALS VIP ENDORSEMENTS IS AVAILABLE ON THE WEB SITE FOR DOWNLOADING http://production.investis.com/bulgari/frameset/