H&m Hennes & Mauritz Ab Class B · OMXSTO:HM_B
H&m Hennes & Mauritz Ab Class B — 9M 2015 Earnings Presentation
19 slides from H&m Hennes & Mauritz Ab Class B's earnings presentation, Sep 24, 2015
Slide 1: Telephone Conference 24 September 2015 Nine-Month Report
H & M Hennes & Mauritz AB TELEPHONE CONFERENCE 24 SEPTEMBER 2015 NINE-MONTH REPORT
Slide 2: Presenters
• KARL-JOHAN PERSSON CEO • NILS VINGE INVESTOR RELATIONS • ANN-SOFIE JOHANSSON CREATIVE ADVISOR
Slide 3: Nine Months 2015 in Brief
NINE MONTHS 2015 IN BRIEF • Sales SEK 153 billion, including VAT – 21% increase in SEK; +12% in local currencies – well-received collections for all Group brands – strong expansion continues in stores and online • Substantial long-term investments within IT and online; and broadening of the product
Slide 4: Financial Data
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Slide 5: Sales
SALES SEK m incl VAT + 21% 160,000 140,000 153,444 120,000 126,964 100,000 80,000 2014 60,000 + 18% 2015 40,000 53,420 45,259 20,000 0 Q3 Nine months
Slide 6: Gross Profit and Gross Margin
GROSS PROFIT AND GROSS MARGIN Gross profit SEK m 80,000 56.9% 70,000 58.2% 75,170 60,000 63,278 50,000 40,000 2014 30,000 58.3% 55.9% 2015 20,000 25,712 22,627 10,000 0 Q3 Nine months
Slide 7: Selling and Administration Expenses
SELLING AND ADMINISTRATION EXPENSES SEK m 60,000 + 22% 50,000 55,312 40,000 45,426 30,000 2014 + 20% 2015 20,000 18,843 10,000 15,741 0 Q3 Nine months
Slide 8: Profit After Financial Items
PROFIT AFTER FINANCIAL ITEMS SEK m 25,000 + 11% 20,000 20,094 18,096 15,000 2014 10,000 2015 0% 5,000 6,967 6,936 0 Q3 Nine months
Slide 9: Sales and Profits Third Quarter
SALES AND PROFITS THIRD QUARTER SEK m 2015 2014 Net sales 46,024 38,805 Gross profit 25,712 22,627 gross margin, % 55.9 58.3 Operating profit 6,869 6,886 operating margin, % 14.9 17.7 Net financial items 67 81 Profit after financial items 6,936 6,967 Tax -1,630 -1,671 Profit for the period 5,306 5,2
Slide 10: Sales and Profits Nine Months
SALES AND PROFITS NINE MONTHS SEK m 2015 2014 Net sales 132,167 108,775 Gross profit 75,170 63,278 gross margin, % 56.9 58.2 Operating profit 19,858 17,852 operating margin, % 15.0 16.4 Net financial items 236 244 Profit after financial items 20,094 18,096 Tax -4,722 -4,342 Profit for the period 15,
Slide 11: Key Data
KEY DATA SEK m 31 Aug 2015 31 Aug 2014 Stock-in-trade 25,205 17,940 Cash flow from current operations 17,813 18,007 Investments 7,893 6,348 Cash and cash equivalents and short- 10,963 13,451 term investments Return on shareholders' equity, % * 44.7 46.1 * rolling twelve months
Slide 12: Stock-in-Trade
STOCK-IN-TRADE SEK m 30,000 + 40% 25,000 25,205 20,000 15,000 17,940 2014 10,000 2015 5,000 0 31 Aug
Slide 13: Expansion
EXPANSION /,
Slide 14: Store Expansion
STORE EXPANSION • Total of 3,675 stores in 59 markets (31 August) • Approximately 400 new stores net planned for 2015 – China and the US largest expansion markets • Five new H&M markets 2015 – very good reception in Taiwan, Peru and Macau – India and South Africa new markets in October; H&M to open
Slide 15: Our Fashion Brands
OUR FASHION BRANDS • Continued expansion for H&M’s other brands – COS, & Other Stories, Monki, Weekday and Cheap Monday • More new stores planned for & Other Stories and COS in 2015 compared with 2014 • Four new markets for COS 2015 – Bahrain, opened via franchise in February – Luxembourg, Hungary a
Slide 16: H&M Online
H&M ONLINE • Rapid expansion of H&M’s online store, hm.com • Ten new online markets in 2015 – Portugal, Poland, the Czech Republic, Romania, Slovakia, Hungary, Bulgaria and Belgium opened during spring – Switzerland and Russia to open in autumn • H&M online in 23 markets in total (Nov 2015) • Online
Slide 17: H&M Beauty
H&M BEAUTY • New broad concept for makeup, body care and hair care • High quality at the best price in beautiful design – wide selection of colours and trends • Very well received in 700 stores in 28 markets and online – gradual launch started in July 2015 • H&M Beauty available in a total of 900 st
Slide 18: aM
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Slide 19: H & M Hennes & Mauritz AB
& H & MHennes & Mauritz AB
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