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  "authorName": "Lanvin Group",
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  "presentationDate": "2023-05-01 00:00:00",
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  "notes": "Standard financial disclosure slide defining metrics like Contribution Profit, Adjusted EBIT/EBITDA, and Trade Working Capital.",
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      "text": "Contribution profit is defined as revenues less the cost of sales and selling and marketing expenses. Contribution margin is defined as contribution profit divided by revenues. Adjusted EBIT is defined as profit or loss before income taxes, net finance cost, share based compensation, adjusted for income and costs which are significant in nature and that management considers not reflective of underlying operational activities. Adjusted EBITDA is defined as profit or loss before income taxes, net finance cost, exchange gains/(losses), depreciation, amortization, share based compensation and provisions and impairment losses adjusted for income and costs which are significant in nature and that management considers not reflective of underlying operational activities. Trade working capital is defined as the sum of inventories as well as trade receivables less trade payables.",
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      "text": "Our management monitors and evaluates operating and financial performance using several non-IFRS financial measures including: contribution profit, contribution margin, Adjusted EBIT, Adjusted EBITDA, and trade working capital.",
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