AVON PRODUCTS, INC.
SEGMENT PERFORMANCE METRICS
(Unaudited)
(In millions)
|
| | | | | | | | | | | | | | | |
| THREE MONTHS ENDED MARCH 31, 2015 |
| | | | | | | | | | | | | | |
| REGIONAL RESULTS | | | | | | | | | | | | | |
| | Revenue | | Active Representatives | | Average Order C$ | | Units Sold | | Price/ Mix C$ |
| | US$ | | C$ | | | | |
| Revenue & Drivers | | | % var. vs 1Q14 | | % var. vs 1Q14 | | % var. vs 1Q14 | | % var. vs 1Q14 | | % var. vs 1Q14 | | % var. vs 1Q14 |
| Europe, Middle East & Africa | $ | 532.2 |
| | (16)% | | 9% | | 8% | | 1% | | 9% | | —% |
| South Latin America | 590.9 |
| | (11) | | 3 | | (2) | | 5 | | — | | 3 |
| North Latin America | 229.3 |
| | (10) | | (2) | | 2 | | (4) | | (4) | | 2 |
| Asia Pacific | 164.1 |
| | (1) | | 2 | | (2) | | 4 | | (2) | | 4 |
| Total from Reportable Segments | 1,516.5 |
| | (12) | | 4 | | 2 | | 2 | | 2 | | 2 |
| Other operating segments and business activities | 35.6 |
| | (79) | | 26 | | (23) | | 49 | | (41) | | 67 |
| Total | $ | 1,552.1 |
| | (18)% | | 5% | | 1% | | 4% | | 1% | | 4% |
|
| | | | | | | | | | | |
| Operating Profit/Margin | | 2015 Operating Profit (Loss) US$ | | 2015 Operating Margin US$ | | Change in US$ vs 2014 | | Change in C$ vs 2014 |
| Europe, Middle East & Africa | | $ | 63.9 |
| | 12.0 | % | | (310) bps | | (250) bps |
| South Latin America | | 67.7 |
| | 11.5 |
| | (30) | | (20) |
| North Latin America | | 28.6 |
| | 12.5 |
| | (90) | | (70) |
| Asia Pacific | | 22.2 |
| | 13.5 |
| | 450 | | 440 |
| Total from Reportable Segments | | 182.4 |
| | 12.0 |
| | (100) | | (50) |
| Other operating segments and business activities | | 5.1 |
| | 14.3 |
| | 450 | | 1200 |
| Unallocated Global Expenses | | (86.8 | ) | | — |
| | — | | — |
| Adjusted Total | | $ | 100.7 |
| | 6.5 | % | | (50) bps | | 160 bps |
| CTI restructuring initiatives | | (27.2 | ) | | | | | | |
| Venezuelan special items | | (106.4 | ) | | | | | | |
| GAAP Total | | $ | (32.9 | ) | | (2.1 | )% | | 40 bps | | |
| | | | | | | | | |
AVON PRODUCTS, INC.
SEGMENT PERFORMANCE METRICS
(Unaudited)
(In millions)
|
| | | | | | | | | | | | | | | |
| THREE MONTHS ENDED JUNE 30, 2015 |
| | | | | | | | | | | | | | |
| REGIONAL RESULTS | | | | | | | | | | | | | |
| | Revenue | | Active Representatives | | Average Order C$ | | Units Sold | | Price/ Mix C$ |
| | US$ | | C$ | | | | |
| Revenue & Drivers | | | % var. vs 2Q14 | | % var. vs 2Q14 | | % var. vs 2Q14 | | % var. vs 2Q14 | | % var. vs 2Q14 | | % var. vs 2Q14 |
| Europe, Middle East & Africa | $ | 530.1 |
| | (17)% | | 5% | | 6% | | (1)% | | 3% | | 2% |
| South Latin America | 607.5 |
| | (22) | | (1) | | (3) | | 2 | | (7) | | 6 |
| North Latin America | 236.0 |
| | (9) | | 3 | | 2 | | 1 | | 3 | | — |
| Asia Pacific | 158.0 |
| | (8) | | (4) | | (5) | | 1 | | (7) | | 3 |
| Total from Reportable Segments | 1,531.6 |
| | (17) | | 1 | | — | | 1 | | (2) | | 3 |
| Other operating segments and business activities | 33.3 |
| | (16) | | 67 | | (13) | | 80 | | (28) | | 95 |
| Total | $ | 1,564.9 |
| | (17)% | | 3% | | (1)% | | 4% | | (3)% | | 6% |
|
| | | | | | | | | | | |
| Operating Profit/Margin | | 2015 Operating Profit (Loss) US$ | | 2015 Operating Margin US$ | | Change in US$ vs 2014 | | Change in C$ vs 2014 |
| Europe, Middle East & Africa | | $ | 73.2 |
| | 13.8 | % | | (460) bps | | (440) bps |
| South Latin America | | 69.2 |
| | 11.4 |
| | (430) | | (430) |
| North Latin America | | 31.6 |
| | 13.4 |
| | 40 | | 70 |
| Asia Pacific | | 16.5 |
| | 10.4 |
| | 580 | | 600 |
| Total from Reportable Segments | | 190.5 |
| | 12.4 |
| | (290) | | (250) |
| Other operating segments and business activities | | 4.9 |
| | 14.7 |
| | 1500 | | 1860 |
| Unallocated Global Expenses | | (96.6 | ) | | — |
| | — | | — |
| Adjusted Total | | $ | 98.8 |
| | 6.3 | % | | (310) bps | | (110) bps |
| CTI restructuring initiatives | | (2.9 | ) | | | | | | |
| Venezuelan special items | | (6.2 | ) | | | | | | |
| GAAP Total | | $ | 89.7 |
| | 5.7 | % | | (20) bps | | |
| | | | | | | | | |
AVON PRODUCTS, INC.
SEGMENT PERFORMANCE METRICS
(Unaudited)
(In millions)
|
| | | | | | | | | | | | | | | |
| THREE MONTHS ENDED SEPTEMBER 30, 2015 |
| | | | | | | | | | | | | | |
| REGIONAL RESULTS | | | | | | | | | | | | | |
| | Revenue | | Active Representatives | | Average Order C$ | | Units Sold | | Price/ Mix C$ |
| | US$ | | C$ | | | | |
| Revenue & Drivers | | | % var. vs 3Q14 | | % var. vs 3Q14 | | % var. vs 3Q14 | | % var. vs 3Q14 | | % var. vs 3Q14 | | % var. vs 3Q14 |
| Europe, Middle East & Africa | $ | 497.5 |
| | (17)% | | 6% | | 5% | | 1% | | 1% | | 5% |
| South Latin America | 570.8 |
| | (29) | | (3) | | — | | (3) | | (5) | | 2 |
| North Latin America | 209.7 |
| | (13) | | 2 | | (2) | | 4 | | (4) | | 6 |
| Asia Pacific | 145.8 |
| | (16) | | (8) | | (2) | | (6) | | (10) | | 2 |
| Total from Reportable Segments | 1,423.8 |
| | (22) | | — | | 1 | | (1) | | (4) | | 4 |
| Other operating segments and business activities | 12.4 |
| | (69) | | 12 | | (26) | | 38 | | (48) | | 60 |
| Total | $ | 1,436.2 |
| | (23)% | | 1% | | —% | | 1% | | (4)% | | 5% |
|
| | | | | | | | | | | |
| Operating Profit/Margin | | 2015 Operating Profit (Loss) US$ | | 2015 Operating Margin US$ | | Change in US$ vs 2014 | | Change in C$ vs 2014 |
| Europe, Middle East & Africa | | $ | 69.5 |
| | 14.0 | % | | 20 bps | | 50 bps |
| South Latin America | | 52.8 |
| | 9.3 |
| | (1060) | | (1030) |
| North Latin America | | 17.9 |
| | 8.5 |
| | (170) | | (130) |
| Asia Pacific | | 15.5 |
| | 10.6 |
| | 140 | | 160 |
| Total from Reportable Segments | | 155.7 |
| | 10.9 |
| | (470) | | (430) |
| Other operating segments and business activities | | 3.3 |
| | 25.6 |
| | 2120 | | 2320 |
| Unallocated Global Expenses | | (103.7 | ) | | — |
| | — | | — |
| Adjusted Total | | $ | 55.3 |
| | 3.9 | % | | (690) bps | | (470) bps |
| CTI restructuring initiatives | | 1.9 |
| | | | | | |
| Venezuelan special items | | (5.7 | ) | | | | | | |
| Pension Settlement Agreement | | (6.2 | ) | | | | | | |
| GAAP Total | | $ | 45.3 |
| | 3.2 | % | | (730) bps | | |
| | | | | | | | | |
AVON PRODUCTS, INC.
SEGMENT PERFORMANCE METRICS
(Unaudited)
(In millions)
|
| | | | | | | | | | | | | | | |
| THREE MONTHS ENDED DECEMBER 31, 2015 |
| | | | | | | | | | | | | | |
| REGIONAL RESULTS | | | | | | | | | | | | | |
| | Revenue | | Active Representatives | | Average Order C$ | | Units Sold | | Price/ Mix C$ |
| | US$ | | C$ | | | | |
| Revenue & Drivers | | | % var. vs 4Q14 | | % var. vs 4Q14 | | % var. vs 4Q14 | | % var. vs 4Q14 | | % var. vs 4Q14 | | % var. vs 4Q14 |
| Europe, Middle East & Africa | $ | 669.4 |
| | (10)% | | 10% | | 8% | | 2% | | 7% | | 3% |
| South Latin America | 540.4 |
| | (30) | | (5) | | 1 | | (6) | | (7) | | 2 |
| North Latin America | 226.0 |
| | (9) | | 5 | | 1 | | 4 | | 1 | | 4 |
| Asia Pacific | 158.1 |
| | (16) | | (8) | | — | | (8) | | (7) | | (1) |
| Total from Reportable Segments | 1,593.9 |
| | (19) | | 1 | | 3 | | (2) | | (1) | | 2 |
| Other operating segments and business activities | 13.4 |
| | (75) | | (3) | | (39) | | 36 | | (64) | | 61 |
| Total | $ | 1,607.3 |
| | (20)% | | 1% | | 2% | | (1)% | | (2)% | | 3% |
|
| | | | | | | | | | | |
| Operating Profit/Margin | | 2015 Operating Profit (Loss) US$ | | 2015 Operating Margin US$ | | Change in US$ vs 2014 | | Change in C$ vs 2014 |
| Europe, Middle East & Africa | | $ | 104.6 |
| | 15.6 | % | | (270) bps | | (270) bps |
| South Latin America | | 49.2 |
| | 9.1 |
| | (430) | | (440) |
| North Latin America | | 29.1 |
| | 12.9 |
| | (150) | | (130) |
| Asia Pacific | | 14.4 |
| | 9.1 |
| | (160) | | (120) |
| Total from Reportable Segments | | 197.3 |
| | 12.4 |
| | (270) | | (280) |
| Other operating segments and business activities | | 3.7 |
| | 27.8 |
| | 1630 | | 1510 |
| Unallocated Global Expenses | | (104.2 | ) | | — |
| | — | | — |
| Adjusted Total | | $ | 96.8 |
| | 6.0 | % | | (420) bps | | (260) bps |
| CTI restructuring initiatives | | (20.9 | ) | | | | | | |
| Venezuelan special items | | (1.9 | ) | | | | | | |
| Pension Settlement Agreement | | (1.1 | ) | | | | | | |
| Asset impairment and other charges | | (6.9 | ) | | | | | | |
| Other items | | (3.1 | ) | | | | | | |
| GAAP Total | | $ | 62.9 |
| | 3.9 | % | | (480) bps | | |
| | | | | | | | | |
AVON PRODUCTS, INC.
SEGMENT PERFORMANCE METRICS
(Unaudited)
(In millions)
|
| | | | | | | | | | | | | | | |
| TWELVE MONTHS ENDED DECEMBER 31, 2015 |
| | | | | | | | | | | | | | |
| REGIONAL RESULTS | | | | | | | | | | | | | |
| | Revenue | | Active Representatives | | Average Order C$ | | Units Sold | | Price/ Mix C$ |
| | US$ | | C$ | | | | |
| Revenue & Drivers | | | % var. vs FY14 | | % var. vs FY14 | | % var. vs FY14 | | % var. vs FY14 | | % var. vs FY14 | | % var. vs FY14 |
| Europe, Middle East & Africa | $ | 2,229.2 |
| | (15)% | | 8% | | 7% | | 1% | | 5% | | 3% |
| South Latin America | 2,309.6 |
| | (24) | | (2) | | (1) | | (1) | | (5) | | 3 |
| North Latin America | 901.0 |
| | (10) | | 2 | | 1 | | 1 | | (1) | | 3 |
| Asia Pacific | 626.0 |
| | (11) | | (5) | | (2) | | (3) | | (7) | | 2 |
| Total from Reportable Segments | 6,065.8 |
| | (17) | | 2 | | 1 | | 1 | | (1) | | 3 |
| Other operating segments and business activities | 94.7 |
| | (68) | | 23 | | (25) | | 48 | | (44) | | 67 |
| Total | $ | 6,160.5 |
| | (19)% | | 2% | | 1% | | 1% | | (2)% | | 4% |
|
| | | | | | | | | | | |
| Operating Profit/Margin | | 2015 Operating Profit (Loss) US$ | | 2015 Operating Margin US$ | | Change in US$ vs 2014 | | Change in C$ vs 2014 |
| Europe, Middle East & Africa | | $ | 311.2 |
| | 14.0 | % | | (250) bps | | (230) bps |
| South Latin America | | 238.9 |
| | 10.3 |
| | (510) | | (500) |
| North Latin America | | 107.2 |
| | 11.9 |
| | (90) | | (60) |
| Asia Pacific | | 68.6 |
| | 11.0 |
| | 250 | | 260 |
| Total from Reportable Segments | | 725.9 |
| | 12.0 |
| | (280) | | (250) |
| Other operating segments and business activities | | 17.0 |
| | 18.0 |
| | 970 | | 1620 |
| Unallocated Global Expenses | | (391.3 | ) | | — |
| | — | | — |
| Adjusted Total | | $ | 351.6 |
| | 5.7 | % | | (360) bps | | (180) bps |
| CTI restructuring initiatives | | (49.1 | ) | | | | | | |
| Venezuelan special items | | (120.2 | ) | | | | | | |
| Pension Settlement Agreement | | (7.3 | ) | | | | | | |
| Asset impairment and other charges | | (6.9 | ) | | | | | | |
| Other items | | (3.1 | ) | | | | | | |
| GAAP Total | | $ | 165.0 |
| | 2.7 | % | | (300) bps | | |
| | | | | | | | | |
