H&m Hennes & Mauritz Ab Class B · OMXSTO:HM_B
H&m Hennes & Mauritz Ab Class B — H1 2011 Earnings Presentation
11 slides from H&m Hennes & Mauritz Ab Class B's earnings presentation, Jun 22, 2011
Slide 1: H & M Hennes & Mauritz AB Telephone Conference, Six-Month Report
& H &M Hennes & Mauritz AB TELEPHONE CONFERENCE 22 JUNE 2011 SIX-MONTH REPORT
Slide 2: Nils Vinge and Jyrki Tervonen
» NILS VINGE INVESTOR RELATIONS MANAGER » JYRKI TERVONEN CHIEF FINANCIAL OFFICER tM
Slide 3: Second Quarter 2011
SECOND QUARTER 2011 » Net sales SEK 27,632 m (+2%) — local currencies +12% — comparable units +2% » Gross profit SEK 17,057 m — gross margin 61.7 percent (65.9%) » Operating margin 20.3 percent (25.8%) » Profit after financial items SEK 5,752 m (-18%) » Profit after tax SEK 4,257 m (-18%) » Earnings
Slide 4: Sales per Market
SALES PER MARKET SIX MONTHS No. of stores Germany 385 France 155 USA 213 UK 197 Sweden 170 Netherlands 115 Switzerland 76 Spain 422 Norway 103 Austria 66 Ital 76 Denmar 88 China 59 Belgium 64 Poland 80 Canada 56 Finland 43 Japan 12 Russia 15 Portugal 23 Greece 19 Czech Republic 24 Ireland 14 Sloveni
Slide 5: Cotton Prices
COTTON PRICES USD cents/lo 250 200 150 100 50 O 00 O1 02 O08 04 O58 O68 OF O08 O98 10° 11 Source: TradingEconomics.com; NYMEX H M
Slide 6: Gross Margin
GROSS MARGIN SECOND QUARTER % 70 65 60 55 50 + tM
Slide 7: Expansion
EXPANSION > Net addition of 85 stores in Q2 — 2,297 stores in 40 countries » Net addition of 250 stores planned for 2011 — China, UK and USA largest expansion markets » Singapore new market autumn 2011, Morocco and Jordan via franchise » COS first store in Sweden in May
Slide 8: Key Data
KEY DATA SEK m 31 May 2011 | 81 May 2010 Stock-in-trade 10,414 8,562 Cash flow from current operations 8,547 12,504 Investments 2,128 1,860 Liquid funds and short-term investments 15,207 18,992 Return on equity”, % 47.4 54.8 * rolling 12 months tM
Slide 9: Stock-in-Trade / Sale
STOCK-IN- TRADE / SALE %* 15 © NCAR ee 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 * rolling 12 months 7 ALL
Slide 10: Designer Collaboration for H&M
FOR H&M Available in all markets 17 November — in around 300 H&M stores — online Glamorous women’s and men’s collection Home pieces for H&M Pre-spring collection online 19 January
Slide 11: H & M Hennes & Mauritz AB
& H &M Hennes & Mauritz AB tM
H & M Hennes & Mauritz — H1 2011 Earnings Presentation on 6ix