Michael Hill International Ltd. · ASX:MHJ
Michael Hill International — Investor Presentation (August 2025)
13 slides from Michael Hill International's investor presentation, Aug 25, 2025
Slide 1: FY25 Results
P25) RESULTS MICHAEL HILL INTERNATIONAL LIMITED
Slide 2: Disclaimer
DISCLAIMER Certain statements in this report constitute forward-looking statements. Forward-looking statements are statements (other than statements of historical fact) relating to future events and the anticipated or planned financial and operational performance of Michael Hill International Limite
Slide 3: Interim CEO FY25 Update
Michael Hill International Limited Interim CEO FY25 Update • FY25 Performance Overview • FY25 Financial Results • Group Results • Segment Results • Current Trading Update • Core Priorities • Appendices
Slide 4: FY25 Performance Overview
FY25 Performance Overview • Global economic uncertainty and challenging retail trading conditions persisted across all markets, particularly in New Zealand • Our two largest segments Australia and Canada delivered revenue growth • FY25H2 saw improvement in same store sales across all segments • Stro
Slide 5: FY25 Group Results
FY25 Group Results FY20H1 Financial Snapshot FY25 FY24 Change • Group revenue, gross margin and comparable EBIT Revenue $644m $645m -0.2% were broadly flat to LY Gross Profit $389m $391m -0.4% • Even with gold at multiple record highs throughout the year, continued active management of Gross Margin
Slide 6: FY25 Segment Results
FY25 Segment Results Australia1 (AUD) Canada (CAD) New Zealand (NZD) FY25 FY24 Change FY25 FY24 Change FY25 FY24 Change Revenue 364m 359m +1.4% 162m 157m +3.4% 109m 115m -5.0% Gross profit 217m 217m +0.2% 98m 95m +2.5% 64m 68m -7.1% Gross margin 59.7% 60.4% -70 bps 60.1% 60.6% -50 bps 58.3% 59.6% -1
Slide 7: Current Trading Update
Current Trading Update • For the first seven weeks of FY26, Group same store sales were up 3.2% on prior year, with same store sales for the: • Australian segment up 3.4% • Canadian segment up 6.8% • New Zealand segment down 3.2% • Total sales for the Group were up 3.0% for the first seven weeks of
Slide 8: Core priorities
Core priorities 1. Embedding the repositioning of the Michael Hill brand across all markets 2. Internal strategic review of New Zealand to improve performance 3. Reinforce retail fundamentals, brand identity and awareness of the Bevilles brand 8
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Slide 10: Q&A
Q&A You are able to listen to Q&A via this platform. If you would like to ask a question, please click on ‘Request to Speak’ button at the bottom of the broadcast window. If you are in full screen broadcast mode, you will need to minimise to see this button. Click ‘Join Queue’. If prompted, allow ac
Slide 11: Appendix A: Bridge from Comparable EBIT to Reported EBIT
Appendix A: Bridge from Comparable EBIT to Reported EBIT Calculated as follows: (AUD million) FY25 FY24 Comparable EBIT 15.3 15.9 Impact of AASB16 Leases 11.4 10.1 Impact of IFRIC SaaS-related guidance -0.9 -4.4 Litigation judgement 3.0 -4.0 Bevilles Brand Impairment -7.4 - Bevilles integration cost
Slide 12: Appendix B: AASB16 Leases & SaaS Impact
Appendix B: AASB16 Leases & SaaS Impact FY25 Impact of FY25 FY24 Change (AUD million) Stat AASB16 & SaaS pre-adjustments pre-adjustments pre-adjustments Revenue 643.7 - 643.7 644.9 -0.2% Cost of sales -254.2 - -254.2 -254.0 0.1% Gross profit 389.4 - 389.4 390.9 -0.4% Employee benefits expense -179.7
Slide 13: Michael Hill International Limited
MICHAEL HILL INTERNATIONAL LIMITED
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