H&M Hennes & Mauritz AB Class B · OMXSTO:HM_B
H&M Hennes & Mauritz AB Class B — Shareholder Meeting (2013)
21 slides from H&M Hennes & Mauritz AB Class B's shareholder meeting presentation, 2013
Slide 1: Annual General Meeting 2013
ANNUAL GENERAL MEETING 2013 KARL-JOHAN PERSSON MANAGING DIRECTOR
Slide 2: 2012 in Brief
2012 IN BRIEF Continued challenging conditions for fashion retail in many H&M’s markets Sales +11% in local currencies – comparable units +1% Gross margin 59.5 percent Large long-term investments Cost control remains good Profit after tax increased by SEK 1 billion despite – large long-t
Slide 3: Long-Term Investments
LONG-TERM INVESTMENTS Large investments within IT and online – completely mobile-adapted H&M shop online – shop online in US planned for summer and more markets further ahead New fashion brand & Other Stories Broadening of H&M’s product range – extended, updated sports concept Strengthen pos
Slide 4: Strengthening of the Swedish Krona
STRENGTHENING OF THE SWEDISH KRONA SEK/EURO 12.00 11.50 11.00 10.50 10.00 9.50 9.00 8.50 8.00 April 2008 April 2009 April 2010 April 2011 April 2012 April 2013 Source: www.ecb.eu
Slide 5: Negative Currency Translation Effects
NEGATIVE CURRENCY TRANSLATION EFFECTS Sales in SEK billion 170 160 Sales in SEK with same exchange rates as in 2009 150 SEK 19 billion 140 Reported sales in SEK calculated with average exchange rates for each fiscal year 130 120 2009 2010 2011 2012
Slide 6: Expansion 2012
EXPANSION 2012 304 new stores net in 2012 – in total approx. 2,800 stores in 48 markets 10,000 new jobs during 2012 – in total approx.104,000 employees H&M opened in five new markets – Bulgaria, Latvia, Malaysia, Thailand and Mexico
Slide 7: Sales per Market
SALES PER MARKET FULL-YEAR 2012 No. of stores Germany 406 USA 269 UK 226 France 182 Sweden 177 Netherlands 124 Switzerland 82 Spain 146 Norway 111 China 134 Italy 104 Austria 68 Denmark 94 Belgium 70 Canada 61 Poland 103 Japan 22 Finland 53 Russia 37 Portugal 23 Greece 25 Czech Republic 31 Romania 1
Slide 8: Expansion 2013
EXPANSION 2013 Increased expansion pace to approx. 350 new stores net for 2013 Opened first store in the southern hemisphere in Chile – amazing welcome by customers H&M also opens in Estonia, Lithuania, Serbia and via franchise Indonesia in 2013 H&M opens in Australia in 2014 The other gro
Slide 9: & Other Stories
& OTHER STORIES Fantastic reception at the launch – stores in seven big cities in the spring: London, Copenhagen, Stockholm, Paris, Berlin, Milan and Barcelona – shop online at stories.com in ten European countries Sales exceeded our high expectations Wide range of shoes, bags, accessories, be
Slide 10: H&M Sport
H&M SPORT Extended sports concept for women, men and children at the beginning of 2014 Wide range of sportswear in functional materials To be launched in H&M’s online markets and selected stores – stores in approx. 15 countries to start with
Slide 11: H&M to Dress Olympic Teams
H&M TO DRESS OLYMPIC TEAMS H&M dresses Swedish teams for Olympic and Paralympic games – Winter Olympics and Paralympics in Sochi 2014 – Summer Olympics and Paralympics in Rio de Janeiro 2016 – collection developed by H&M’s design teams in collaboration with Swedish Olympians
Slide 12: The H&M Spirit
THE H&M SPIRIT H&M guided by strong values Respect for the individual and a belief in people The H&M spirit present throughout the company Employees are the key to H&M’s success
Slide 13: Sustainable Development
SUSTAINABLE DEVELOPMENT Integral part of H&M’s operations World’s largest user of organic cotton and Better Cotton First fashion company to launch global garment collecting initiative Published H&M’s supplier factory list
Slide 14: Sustainable Development
SUSTAINABLE DEVELOPMENT Contribute to jobs for over a million people in sourcing countries Work for higher minimum wages and yearly revisions in Bangladesh – met Bangladesh’s prime minister Partnerships to empower workers – strengthening dialogue between workers and employers in Cambodia Con
Slide 15: H&M Conscious Foundation
H&M CONSCIOUS FOUNDATION Charitable foundation started in 2007 Donation of SEK 500 million from the Persson family in 2013 Focus on initiatives for UN Millennium Development Goals Support several organisations, such as WaterAid, and disaster relief efforts Increase possibilities for initia
Slide 16: Conscious Exclusive
CONSCIOUS F EXCLUSIV tM
Slide 17: Summer Fashion
ER FASHION ia eal
Slide 18: Autumn Fashion
AUTUMN FASHION
Slide 19: Store Expansion
00 500 ,0 ,500 1,000 1,500 2,000 2,500 3,000 Markets No. of stores 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 1994 1995 1996 STORE EXPANSION 1997 550 10 11 12 1998 1999 613 14 2000 682 2001 771 2002 844 2003 945 2004 1,068 2005 1
Slide 20: Slide 20
Slide 21: H & M Hennes & Mauritz AB
& H & M Hennes & Mauritz AB