Industria De Diseno Textil, S.a. · BME:ITX

Industria De Diseno Textil — Inditex — H1 2017 Earnings Presentation

33 slides from Industria De Diseno Textil's earnings presentation, Sep 20, 2017

1. Slide 1: Interim Half Year 2017

   Interim Half Year 2017 20 September 2017 Interim Half Year 2017 1

2. Slide 2: Disclaimer

   Disclaimer This document and the information herein does not constitute an offer to sell, to buy or to exchange, nor an invitation to make an offer to buy, to sell or to exchange, nor a recommendation or advice, regarding any security issued by the Inditex Group. This document contains forward-looki

3. Slide 3: Overview

   Overview Interim Half Year 2017 3

4. Slide 4: Strong growth in first half

   Strong growth in first half 17 East Nanjing Road Interim Half Year 2017 4

5. Slide 5: Global fully integrated Store & Online sales platform

   Global fully integrated Store & Online sales platform Interim Half Year 2017 5

6. Slide 6: Interim Half Year 2017: Overview

   Interim Half Year 2017: Overview  Satisfactory sales growth +11.5%  LFL +6% on a very demanding comparable  Net income +9%  Store & Online sales in local currencies have increased +12% from 1 August to 17 September 2017  Global growth opportunities Interim Half Year 2017 6

7. Slide 7: Global fully integrated Store & Online sales platform

   Global fully integrated Store & Online sales platform Store & Online sales 1H2017 Europe ex-Spain 43% Asia & RoW 25% Spain 16% Americas 16% Total 100% Interim Half Year 2017 7

8. Slide 8: Zara new image

   Zara new image Interim Half Year 2017 8

9. Slide 9: Zara new image

   Zara new image Interim Half Year 2017 9

10. Slide 10: Zara Click&Collect

    Zara Click&Collect Sánchez Bregua Interim Half Year 2017 10

11. Slide 11: Zara self check-out

    Zara self check-out Sánchez Bregua Interim Half Year 2017 11

12. Slide 12: Financial Summary

    Financial Summary Interim Half Year 2017 12

13. Slide 13: Interim Half Year 2017

    Interim Half Year 2017 € million 1H17 1H16 17/16 Net Sales 11,671 10,465 11.5% Gross profit 6,582 5,945 11% EBITDA 2,292 2,112 9% Net income 1,366 1,256 9% Interim Half Year 2017 13

14. Slide 14: Satisfactory Sales Growth

    Satisfactory Sales Growth € million 1H17 1H16 17/16 Net Sales 11,671 10,465 11.5%  LFL +6% on +11% last year Interim Half Year 2017 14

15. Slide 15: Gross Profit

    Gross Profit € million 1H17 1H16 17/16 % Gross Profit 6,582 5,945 11% 56.4%  Gross profit growth of +11% to €6.6 bn  Sustained commercial policies Interim Half Year 2017 15

16. Slide 16: Operating expenses

    Operating expenses € million 1H17 1H16 17/16 Op. expenses 4,274 3,830 11.5% Interim Half Year 2017 16

17. Slide 17: Flexible Business Model

    Flexible Business Model € million 1H17 1H16 Inventory 2,745 2,650 Receivables 825 695 Payables (6,058) (5,521) Operating working capital (2,488) (2,176) Interim Half Year 2017 17

18. Slide 18: Concepts

    Concepts Interim Half Year 2017 18

19. Slide 19: Sales by Concept

    Sales by Concept % Store & Online Sales Interim Half Year 2017 19

20. Slide 20: Sales by Concept

    Sales by Concept € million 1H17 1H16 17/16 Zara 7,737 6,957 11% Pull&Bear 765 681 12% Massimo Dutti 791 720 10% Bershka 1,016 893 14% Stradivarius 664 607 9% Oysho 271 229 18% Zara Home 383 343 12% Uterqüe 45 36 27% Total 11,671 10,465 11.5% Interim Half Year 2017 20

21. Slide 21: Concepts

    Concepts  Continued growth for the concepts  Strong performance of Oysho, Bershka and Pull&Bear Interim Half Year 2017 21

22. Slide 22: Outlook

    Outlook Interim Half Year 2017 22

23. Slide 23: Global Growth Opportunities

    Global Growth Opportunities  Global fully integrated Store & Online sales platform  Strong growth opportunities Interim Half Year 2017 23

24. Slide 24: 2H2017: Belarus

    2H2017: Belarus Dana Mall, Minsk Interim Half Year 2017 24

25. Slide 25: Global Online Sales

    Global Online Sales  Strong presence in Europe, Asia, Americas  Progressive rollout in all markets Interim Half Year 2017 25

26. Slide 26: Online: Singapore, Malaysia, Thailand and Vietnam

    Online: Singapore, Malaysia, Thailand and Vietnam Sánchez Bregua Interim Half Year 2017 26

27. Slide 27: October: Online launch of Zara in India

    4 October: Online launch of Zara in India East Nanjing Road Interim Half Year 2017 27

28. Slide 28: Studio Collection

    Studio Collection East Nanjing Road Interim Half Year 2017 28

29. Slide 29: Utopia Collection

    Utopia Collection Sánchez Bregua Interim Half Year 2017 29

30. Slide 30: Timeless Editorial

    Timeless Editorial Sánchez Bregua Interim Half Year 2017 30

31. Slide 31: 70's Collection

    70’s Collection Sánchez Bregua Interim Half Year 2017 31

32. Slide 32: FY2017: Outlook

    FY2017: Outlook  Store & Online sales in local currencies have increased +12% from 1 August to 17 September 2017  Ordinary capital expenditure c. €1.5 billion  Dividend payment of €0.34 per share on 2 November Interim Half Year 2017 32

33. Slide 33: Interim Half Year 2017

    Interim Half Year 2017 20 September 2017 Interim Half Year 2017 33

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