Industria De Diseno Textil, S.a. · BME:ITX

Industria De Diseno Textil — Inditex — Q1 2018 Earnings Presentation

40 slides from Industria De Diseno Textil's earnings presentation, Jun 13, 2018

1. Slide 1: Interim Three Months 2018

   Interim Three Months 2018 13 June 2018 Interim Three Months 2018 1

2. Slide 2: Disclaimer

   Disclaimer This document and the information herein does not constitute an offer to sell, to buy or to exchange, nor an invitation to make an offer to buy, to sell or to exchange, nor a recommendation or advice, regarding any security issued by the Inditex Group. This document contains forward-looki

3. Slide 3: Overview

   Overview Interim Three Months 2018 3

4. Slide 4: Global fully integrated Store & Online

   Global fully integrated Store & Online Interim Three Months 2018 4

5. Slide 5: Differentiated business model

   Differentiated business model  Central inventory  Distribution to all stores worldwide twice a week  Global online same day/next day Interim Three Months 2018 5

6. Slide 6: Interim Three Months 2018: Overview

   Interim Three Months 2018: Overview  Strong execution of the business model  Global growth opportunities  Strong activity Interim Three Months 2018 6

7. Slide 7: Extension of Inditex HQ

   Extension of Inditex HQ Stratford Interim Three Months 2018 7

8. Slide 8: Zara: London Flagship

   Zara: London Flagship Stratford Interim Three Months 2018 8

9. Slide 9: Zara: London Flagship

   Zara: London Flagship Stratford Interim Three Months 2018 9

10. Slide 10: Zara: London Flagship

    Zara: London Flagship Stratford Interim Three Months 2018 10

11. Slide 11: Bershka: Mexico City Flagship

    Bershka: Mexico City Flagship Madero Interim Three Months 2018 11

12. Slide 12: Massimo Dutti: New image

    Massimo Dutti: New image Zaragoza Paseo de la Independencia Interim Three Months 2018 12

13. Slide 13: Pull&Bear: Madrid Flagship

    Pull&Bear: Madrid Flagship Preciados Interim Three Months 2018 13

14. Slide 14: Stradivarius: New Headquarters

    Stradivarius: New Headquarters Cerdanyola Interim Three Months 2018 14

15. Slide 15: Oysho: Milan Flagship

    Oysho: Milan Flagship Piazza San Babila Interim Three Months 2018 15

16. Slide 16: Zara Home: Palma de Mallorca Flagship

    Zara Home: Palma de Mallorca Flagship Paseo del Borne Interim Three Months 2018 16

17. Slide 17: Uterqüe: Madrid Flagship

    Uterqüe: Madrid Flagship Claudio Coello Interim Three Months 2018 17

18. Slide 18: Financial Summary

    Financial Summary Interim Three Months 2018 18

19. Slide 19: Interim Three Months 2018

    Interim Three Months 2018 2 year € million 1Q18 1Q17 18/17 CAGR Net sales 5,654 5,569 2% 8% Gross profit 3,328 3,240 3% 8% EBITDA 1,125 1,113 1% 9% EBIT 851 834 2% 10% Net income 668 654 2% 10%  Strong operating performance Interim Three Months 2018 19

20. Slide 20: Strong Sales Growth

    Strong Sales Growth 2 year € million 1Q18 1Q17 18/17 CAGR Net sales 5,654 5,569 2% 8%  Sales in local currencies +7% Interim Three Months 2018 20

21. Slide 21: Gross Profit

    Gross Profit € million 1Q18 1Q17 18/17 % Gross profit 3,328 3,240 3% 58.9%  Gross profit growth of +3% to €3.3 bn to 58.9% (+68 bps)  Sustained commercial policies Interim Three Months 2018 21

22. Slide 22: Tight control of operating expenses

    Tight control of operating expenses € million 1Q18 1Q17 18/17 Op. expenses 2,194 2,126 3% Interim Three Months 2018 22

23. Slide 23: Current Accounts

    Current Accounts € million 1Q18 1Q17 Inventory 2,900 2,774 Receivables 884 992 Payables (5,937) (5,921) Operating working capital (2,153) (2,155) Interim Three Months 2018 23

24. Slide 24: Concepts

    Concepts Interim Three Months 2018 24

25. Slide 25: Performance per concept

    Performance per concept % Store & Online Sales Interim Three Months 2018 25

26. Slide 26: Performance per concept

    Performance per concept Oysho Pull&Bear Uterque Massimo Bershka Stradivarius Group average Zara Dutti Home Interim Three Months 2018 26

27. Slide 27: Outlook

    Outlook Interim Three Months 2018 27

28. Slide 28: FY2018: Outlook

    FY2018: Outlook  Ordinary capital expenditure c. €1.5 billion  Store & Online sales in local currencies have increased +9% from 1 May to 11 June 2018 Interim Three Months 2018 28

29. Slide 29: Global Store & Online: Strong growth opportunities

    Global Store & Online: Strong growth opportunities Interim Three Months 2018 29

30. Slide 30: Global online

    Global online  Central inventory + Online stockrooms + Global store platform  Same day delivery metropolitan areas/Next day global standard Poland UK 2014 & 2016 Russian Fed Toronto 2012 2017 2013 Seoul France 2014 Tokyo Madrid 2015 2011 Los Angeles Philadelphia 2010 Turkey Shanghai 2014 2015 2016

31. Slide 31: Online launch of Zara in Australia and New Zealand

    Online launch of Zara in Australia and New Zealand East Nanjing Road Interim Three Months 2018 31

32. Slide 32: Store & Online: Studio Collection

    Store & Online: Studio Collection Interim Three Months 2018 32

33. Slide 33: Store & Online: Behind the Desert

    Store & Online: Behind the Desert Interim Three Months 2018 33

34. Slide 34: Store & Online: Atlantic Beach

    Store & Online: Atlantic Beach Interim Three Months 2018 34

35. Slide 35: Store & Online: Colour Canyon

    Store & Online: Colour Canyon Interim Three Months 2018 35

36. Slide 36: Zara: Tokyo pop-up

    Zara: Tokyo pop-up Paris Opera Roppongi Hills Interim Three Months 2018 36

37. Slide 37: Zara: Shenzhen

    Zara: Shenzhen Upper Hills Upper Hills mall Interim Three Months 2018 37

38. Slide 38: Zara: Los Angeles

    Zara: Los Angeles Beverly Center Interim Three Months 2018 38

39. Slide 39: Zara: Bilbao

    Zara: Bilbao Gran Vía Interim Three Months 2018 39

40. Slide 40: Interim Three Months 2018

    Interim Three Months 2018 13 June 2018 Interim Three Months 2018 40

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