H&m Hennes & Mauritz Ab Class B · OMXSTO:HM_B
H&m Hennes & Mauritz Ab Class B — FY2023 Earnings Presentation
17 slides from H&m Hennes & Mauritz Ab Class B's earnings presentation, Jan 31, 2024
Slide 1: Telephone conference 31 January, 2024
H & M Hennes & Mauritz AB Telephone conference 31 January, 2024 Full-year report 2023
Slide 2: Slide 2
Slide 3: 2023
2023 — Important steps towards our long-term goals — Improvement work in the supply chain — Cost and efficiency programme implemented — External factors continued to normalise
Slide 4: 2023: continued focus
2023 — Continued focus on – cost control – profitability – improved inventory productivity — Increased reinvestments in the business
Slide 5: Net sales
Net sales SEK m 250,000 + 6% 236,035 223,553 200,000 150,000 100,000 + 0% 50,000 62,433 62,650 0 Q4 Full year 2022 2023
Slide 6: Gross profit
Gross profit SEK m 150,000 51.2% 50.7% 120,896 113,370 100,000 50,000 49.8% 53.7% 31,104 33,657 0 Q4 Full year 2022 2023
Slide 7: Stock-in-trade
Stock-in-trade SEK m 50,000 - 12% 40,000 42,495 37,358 30,000 2022 20,000 2023 10,000 0 30 Nov
Slide 8: Selling and administrative expenses
Selling and administrative expenses SEK m 125,000 + 1% 100,000 105,932 107,330 75,000 50,000 - 2% 25,000 30,014 29,314 0 Q4 Full year 2022 2023
Slide 9: Operating profit per quarter
Operating profit per quarter Billion SEK, % rolling 12 month 8.0 10.0% 8.0% 8.1% 8.3% 7.7% 7.1% 6.9% 7.2% 7.5% 8.0% 6.0 6.6% 5.8% 6.2% 4.9% 4.7% 6.0% 4.0 3.3% 3.2% 3.2% 3.1% 4.0% 2.3% 2.0 1.7% 2.0% 1.0 5.9 5.0 5.4 2.7 2.7 3.9 -0.4% 3.9 6.3 6.3 0.5 5.0 0.9 0.8 0.7 4.7 4.7 4.3 0.0 0.0% -6.2 -1.1 -2.0%
Slide 10: Growth areas
Growth areas H&M – Improve and broaden customer offering – Further integration of sales channels – Increased pace of investments in existing stores – Better customer experience
Slide 11: H&M Lifestyle Brands
H&M Lifestyle Brands – H&M Move – H&M Beauty – H&M HOME
Slide 12: Portfolio Brands
Portfolio Brands – Increased sales by 15 percent in SEK and 9 percent in local currencies during 2023 – COS, Arket and Weekday have had a particularly strong sales trend
Slide 13: New Growth and Ventures
New Growth and Ventures – Strategic partnerships and new circular business models – Sellpy is growing at a rapid pace
Slide 14: Circular transition
Circular transition – We have ambitious climate targets – investments in renewable energy and more sustainable material – reduced greenhouse gas emissions by 20 percent in 2023 *compared to the base year 2019
Slide 15: H&M Group stands strong
H&M Group stands strong — Robust financial position — Strong cash flow — Improved profitability — Continued profitable and sustainable growth in 2024
Slide 16: General Information
General Information
Slide 17: H & M Hennes & Mauritz AB
H & M Hennes & Mauritz AB
H & M Hennes & Mauritz — FY2023 Earnings Presentation on 6ix