H&m Hennes & Mauritz Ab Class B · OMXSTO:HM_B
H&m Hennes & Mauritz Ab Class B — H1 2016 Earnings Presentation
19 slides from H&m Hennes & Mauritz Ab Class B's earnings presentation, Jun 22, 2016
Slide 1: Press Conference 22 June 2016 - Six-Month Report 2016
H & M Hennes & Mauritz AB PRESS CONFERENCE 22 JUNE 2016 SIX-MONTH REPORT 2016
Slide 2: Presenters: Karl-Johan Persson, Nils Vinge, Ann-Sofie Johansson
• KARL-JOHAN PERSSON CEO • NILS VINGE INVESTOR RELATIONS • ANN-SOFIE JOHANSSON CREATIVE ADVISOR
Slide 3: Second Quarter 2016
SECOND QUARTER 2016 • Sales SEK 54,341 million including VAT – increase of 2% in SEK; +5% in local currencies • Profit after financial items SEK 7,002 million (8,435) • Continued substantial long-term investments within IT, online and new brands • Continued focus to grow through physical stores and
Slide 4: Sales
SALES SEK m incl VAT 125,000 + 5% 100,000 104,965 100,024 75,000 + 2% 2015 50,000 2016 53,233 54,341 25,000 0 Q2 Six months
Slide 5: Gross Profit and Gross Margin
GROSS PROFIT AND GROSS MARGIN Gross profit SEK m 60,000 57.4% 54.9% 50,000 49,458 49,679 40,000 30,000 59.4% 57.6% 2015 27,245 26,980 2016 20,000 10,000 0 Q2 Six months
Slide 6: Selling and Administrative Expenses
SELLING AND ADMINISTRATIVE EXPENSES SEK m 50,000 + 8% 40,000 39,457 36,469 30,000 + 6% 2015 20,000 2016 18,893 20,028 10,000 0 Q2 Six months
Slide 7: Profit After Financial Items
PROFIT AFTER FINANCIAL ITEMS SEK m 20,000 15,000 - 22% 13,158 10,000 - 17% 2015 10,329 8,435 2016 5,000 7,002 0 Q2 Six months
Slide 8: Sales and Profits
SALES AND PROFITS SECOND QUARTER SEK m 2016 2015 Net sales 46,874 45,867 Gross profit 26,980 27,245 gross margin, % 57.6 59.4 Operating profit 6,952 8,352 operating margin, % 14.8 18.2 Net financial items 50 83 Profit after financial items 7,002 8,435 Tax -1,645 -1,982 Profit for the period 5,357 6,
Slide 9: Key Data
KEY DATA SEK m 31 May 2016 31 May 2015 Stock-in-trade 25,339 19,699 Cash flow from current operations 12,566 13,596 Investments 5,633 4,710 Cash and cash equivalents and short- 8,387 10,293 term investments Return on shareholders' equity, % * 39.0 50.3 * rolling twelve months
Slide 10: Stock-in-Trade
STOCK-IN-TRADE SEK m 30,000 + 29% 25,000 25,339 20,000 19,699 15,000 2015 10,000 2016 5,000 0 31 May
Slide 11: Expansion H&M Online
EXPANSION H&M ONLINE • H&M’s e-commerce to a further 11 markets in 2016 – Ireland, Croatia, Slovenia, Estonia, Latvia, Lithuania, Luxembourg, Japan and Greece opened during spring – Canada and South Korea to open in autumn – e-commerce in 34 markets by end of 2016 • Continued fast roll-out of e-comm
Slide 12: Store Expansion
STORE EXPANSION • Approx. 425 new stores net planned for 2016 – 153 new stores net opened in the first half year – total of 4,077 stores (31 May) • Three new markets for H&M in 2016 – Puerto Rico opened 9 June, very good reception – New Zealand and Cyprus to open in autumn – H&M in a total of 64 mar
Slide 13: Our Brands
OUR BRANDS • H&M, & Other Stories, COS, Monki, Weekday and Cheap Monday – several clearly defined fashion brands which complement each other well • Five new markets planned for COS in 2016 • & Other Stories, Weekday and Monki also expanding in existing and new markets
Slide 14: COS, London
COS, LONDON
Slide 15: & Other Stories, Turin
& OTHER STORIES, TURIN { AEE, 4 j - if i
Slide 16: Swedish
SWEDISH SS MEDALS / We WON 696% |
Slide 17: KENZO x H&M
KENZO x H&M • H&M in designer collaboration with KENZO 2016 – Carol Lim and Humberto Leon, KENZO’s creative directors • Collections and accessories for women and men – bold colours and vivid prints – global influences and traditions are remixed and fused with the energy of the street • Launching 3 N
Slide 18: Slide 18
Slide 19: H & M Hennes & Mauritz AB
& H & MHennes & Mauritz AB
H & M Hennes & Mauritz — H1 2016 Earnings Presentation on 6ix