H&m Hennes & Mauritz Ab Class B · OMXSTO:HM_B
H&m Hennes & Mauritz Ab Class B — FY2014 Earnings Presentation
16 slides from H&m Hennes & Mauritz Ab Class B's earnings presentation, Jan 28, 2015
Slide 1: Press Conference 28 January 2015 Full-Year Report
H & M Hennes & Mauritz AB PRESS CONFERENCE 28 JANUARY 2015 FULL-YEAR REPORT
Slide 2: Presenters
• KARL-JOHAN PERSSON CEO • NILS VINGE INVESTOR RELATIONS • ANN-SOFIE JOHANSSON CREATIVE ADVISOR
Slide 3: 2014 in Brief
2014 IN BRIEF • Well-received collections for all Group brands contributed to increased market share • Substantial long-term investments within IT, online, new brands and broadening of the product range • Sales +18% in SEK; +14% in local currencies • In total 132,000 employees; more than 16,000 new
Slide 4: Financial Data
FINANCIAL DATA
Slide 5: Sales per Market
SALES PER MARKET TEN LARGEST MARKETS, FULL YEAR 2014 Number of stores Germany 440 US 356 UK 253 France 205 China 291 Sweden 176 Netherlands 135 Italy 132 Spain 159 Switzerland 93 SEK m 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000
Slide 6: Store Expansion
Stores Markets *IPO 1974 2,400 0 400 1,200 1,600 2,000 2,800 800 3,200 3,600 3 1974 1975 4 1976 1977 5 1978 1979 6 1980 1981 1982 1983 1984 1985 1986 1987 1988 7 1989 1990 1991 8 1992 1993 9 STORE EXPANSION 1994 1995 1996 1997 10 11 12 1998 1999 613 14 2000 682 2001 771 2002 844 2003 945 2004 1,068
Slide 7: Sales and Profits: Fourth Quarter
SALES AND PROFITS FOURTH QUARTER SEK m 2014 2013 Sales excluding VAT 42,644 36,495 Gross profit 25,774 22,181 gross margin, % 60.4 60.8 Operating profit 7,731 7,182 operating profit, % 18.1 19.7 Net interest income 68 77 Profit after financial items 7,799 7,259 Tax -1,577 -1,710 Profit for the perio
Slide 8: Sales and Profits: Full Year
SALES AND PROFITS FULL YEAR SEK m 2014 2013 Sales excluding VAT 151,419 128,562 Gross profit 89,052 76,025 gross margin, % 58.8 59.1 Operating profit 22,583 22,090 operating margin, % 16.9 17.2 Net financial income 312 358 Profit after financial items 25,895 22,448 Tax -5,919 -5,355 Profit for the y
Slide 9: Key Data
KEY DATA SEK m 30 Nov 2014 30 Nov 2013 Stock-in-trade 19,403 16,695 Cash flow from current operations 24,156 23,840 Investments 9,391 8,027 Liquid funds and short-term investments 16,693 17,224 Dividend (SEK) 9:75* 9:50 Return on equity, % 41.3 38.4 Average number of employees** 93,351 81,099 * prop
Slide 10: Expansion
EXPANSION
Slide 11: Store Expansion 2014-2015
STORE EXPANSION 2014-2015 • In total 3,511 stores in 55 markets 2014, including all H&M Group brands – 379 new stores net added in 2014 – Australia and the Philippines new H&M markets • Approx. 400 new stores net planned for 2015 – Taiwan, Peru, Macau, South Africa and India new markets – China and
Slide 12: Other Group Brands
OTHER GROUP BRANDS • H&M’s expansion also includes & Other Stories, COS, Monki, Weekday and Cheap Monday – six new markets for COS in 2014 – & Other Stories and COS very well received in the US in 2014 • For & Other Stories and COS even more new stores are planned to open in 2015 compared to 2014
Slide 13: H&M Shop Online
H&M SHOP ONLINE • Rapid expansion of H&M’s online store, hm.com – Four new large online markets 2014 – France, Italy, Spain and China • Nine new online markets 2015 – Belgium, Bulgaria, the Czech Republic, Hungary, Poland, Portugal, Romania, Slovakia and Switzerland
Slide 14: Broadening H&M's Product Range
BROADENING H&M’S PRODUCT RANGE • Extended product range with H&M Home, and in 2014 H&M Sport and extended shoe range • H&M Home to open in approx. 100 additional stores and approx. 10 new markets in 2015 • H&M Beauty to launch autumn 2015 – new, broad concept for make-up, body care and hair care – a
Slide 15: 4M
4M
Slide 16: H & M Hennes & Mauritz AB
é H & MHennes & Mauritz AB
H & M Hennes & Mauritz — FY2014 Earnings Presentation on 6ix