H&m Hennes & Mauritz Ab Class B · OMXSTO:HM_B
H&m Hennes & Mauritz Ab Class B — H1 2011 Earnings Presentation
14 slides from H&m Hennes & Mauritz Ab Class B's earnings presentation, Jun 22, 2011
Slide 1: H&M Hennes & Mauritz AB Press Conference 22 June 2011
& H &M Hennes & Mauritz AB PRESS CONFERENCE 22 JUNE 2011 SIX-MONTH REPORT
Slide 2: Karl-Johan Persson and Nils Vinge
» KARL-JOHAN PERSSON MANAGING DIRECTOR » NILS VINGE INVESTOR RELATIONS MANAGER tM
Slide 3: Second Quarter 2011
SECOND QUARTER 2011 Net sales SEK 27,632 m (+2%) — local currencies +12% — comparable units +2% Gross margin 61.7 percent (65.9%) Operating margin 20.3 percent (25.8%) » Profit after tax SEK 4,257 m (-18%) v v v tM
Slide 4: Expansion
EXPANSION > Net addition of 85 stores in Q2 — 2,297 stores in 40 countries » Net addition of 250 stores planned for 2011 — China, UK and USA largest expansion markets » Singapore new market autumn 2011, Morocco and Jordan via franchise » COS first store in Sweden in May
Slide 5: Financial Data
FINANCIAL eA, i ‘| A DATA ¥ =
Slide 6: Sales and Profits - Second Quarter
SALES AND PROFITS SECOND QUARTER SEK m 2011 2010 Sales including VAT 32,400 31,604 Sales excluding VAT 27,632 27,038 Gross profit 17,057 17,808 Gross margin, % 61.7 65.9 Selling and administrative expenses -11,458 -10,843 Operating profit 5,599 6,965 Operating margin, % 20.3 25.8 Net interest income
Slide 7: Cotton Prices
COTTON PRICES USD cents/lo 250 200 150 100 50 O 00 O1 02 O08 04 O58 O68 OF O08 O98 10° 11 Source: TradingEconomics.com; NYMEX H M
Slide 8: Gross Margin - Second Quarter
GROSS MARGIN SECOND QUARTER % 70 65 60 55 50 + tM
Slide 9: Sales and Profits - First Half-Year
SALES AND PROFITS FIRST HALF-YEAR SEK m 2011 2010 Sales including VAT 61,108 60,699 Sales excluding VAT 562,135 51,879 Gross profit 31,231 33,198 Gross margin, % 59.9 64.0 Selling and administrative expenses -22,224 -21,255 Operating profit 9,007 11,948 Operating margin, % 17.3 23.0 Net interest inc
Slide 10: Key Data
KEY DATA SEK m 31 May 2011 | 81 May 2010 Stock-in-trade 10,414 8,562 Cash flow from current operations 8,547 12,504 Investments 2,128 1,860 Liquid funds and short-term investments 15,207 18,992 Return on equity”, % 47.4 54.8 * rolling 12 months tM
Slide 11: Stock-in-Trade / Sales
STOCK-IN- TRADE / SALE %* 15 © NCAR ee 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 * rolling 12 months 7 ALL
Slide 12: Collaborations and Collections for H&M
FOR H&M Available in all markets 17 November — in around 300 H&M stores — online Glamorous women’s and men’s collection Home pieces for H&M Pre-spring collection online 19 January
Slide 13: Autumn Fashion at H&M
AUTUMN FASHION AT H&M
Slide 14: H & M Hennes & Mauritz AB
& H &M Hennes & Mauritz AB tM
H & M Hennes & Mauritz — H1 2011 Earnings Presentation on 6ix