H&m Hennes & Mauritz Ab Class B · OMXSTO:HM_B
H&m Hennes & Mauritz Ab Class B — H1 2015 Earnings Presentation
20 slides from H&m Hennes & Mauritz Ab Class B's earnings presentation, Jun 25, 2015
Slide 1: Press Conference 25 June 2015 - Six-Month Report
H & M Hennes & Mauritz AB PRESS CONFERENCE 25 JUNE 2015 SIX-MONTH REPORT
Slide 2: Presenters
• KARL-JOHAN PERSSON CEO • NILS VINGE INVESTOR RELATIONS • ANN-SOFIE JOHANSSON CREATIVE ADVISOR
Slide 3: First Half Year 2015
FIRST HALF YEAR 2015 • Sales exceed SEK 100 billion, including VAT – 22% increase in SEK; +12% in local currencies – well-received collections for all Group brands – strong expansion continues in stores and online • Substantial long-term investments within IT and online; and broadening of the produc
Slide 4: Financial Data
FINANCIAL DATA
Slide 5: Sales
SALES SEK m incl VAT 120,000 + 22% 100,000 100,024 80,000 81,705 60,000 + 20% 2014 40,000 53,233 2015 44,181 20,000 0 Q2 Six months
Slide 6: Gross Profit and Gross Margin
GROSS PROFIT AND GROSS MARGIN Gross profit SEK m 60,000 57.4% 50,000 58.1% 49,458 40,000 40,651 30,000 59.4% 2014 60.8% 27,245 2015 20,000 23,010 10,000 0 Q2 Six months
Slide 7: Selling and Administration Expenses
SELLING AND ADMINISTRATION EXPENSES SEK m 50,000 40,000 + 23% 36,469 30,000 29,685 2014 + 22% 20,000 2015 18,893 10,000 15,445 0 Q2 Six months
Slide 8: Profit After Financial Items
PROFIT AFTER FINANCIAL ITEMS SEK m 16,000 + 18% 12,000 13,158 + 10% 11,129 8,000 2014 8,435 7,643 2015 4,000 0 Q2 Six months
Slide 9: Sales and Profits - Second Quarter
SALES AND PROFITS SECOND QUARTER SEK m 2015 2014 Net sales 45,867 37,827 Gross profit 27,245 23,010 gross margin, % 59.4 60.8 Operating profit 8,352 7,565 operating margin, % 18.2 20.0 Net financial items 83 78 Profit after financial items 8,435 7,643 Tax -1,982 -1,834 Profit for the period 6,453 5,
Slide 10: Key Data
KEY DATA SEK m 31 May 2015 31 May 2014 Stock-in-trade 19,699 14,915 Cash flow from current operations 13,596 11,919 Investments 4,710 3,931 Cash and cash equivalents and short- 10,293 9,592 term investments Return on shareholders' equity, % * 50.3 50.5 * rolling twelve months
Slide 11: Stock-in-Trade
STOCK-IN-TRADE SEK m 25,000 + 32% 20,000 19,699 15,000 14,915 2014 10,000 2015 5,000 0 31 May
Slide 12: Expansion
EXPANSION a MODA PARA TODOS. my
Slide 13: Store Expansion 2015
STORE EXPANSION 2015 • Net addition of approximately 400 new stores planned for 2015 – China and the US largest expansion markets – H&M’s largest store to date opened in May on Herald Square in New York; very well received • 128 new stores net opened during first half year – total of 3,639 stores in
Slide 14: Our Fashion Brands
OUR FASHION BRANDS • H&M’s expansion also includes & Other Stories, COS, Monki, Weekday and Cheap Monday • More new stores planned for & Other Stories and COS in 2015 compared with 2014 – expansion mainly in existing markets • At least four new markets for COS 2015 – Bahrain, opened via franchise in
Slide 15: H&M Online
H&M ONLINE • Rapid expansion of H&M’s online store, hm.com • Nine new online markets in 2015 – Portugal, Poland, the Czech Republic, Romania, Slovakia, Hungary, Bulgaria and Belgium opened during spring – Switzerland to open in autumn • H&M online in 22 markets in total (autumn 2015)
Slide 16: H&M Beauty
H&M BEAUTY • New broad concept for makeup, body care and hair care • High quality at the best price in beautiful design – wide selection of colours and trends • To launch gradually starting July 2015 – approx. 900 stores in approx. 40 markets – online at hm.com • Complemented with a Conscious line o
Slide 17: Balmain x H&M
BALMAIN X H&M • Parisian house of Balmain – H&M’s guest designer 2015 • Olivier Rousteing, creative director – mixing couture spirit and streetwear attitude in unique style – #HMBalmaination • Collection for H&M with garments and accessories for women and men – global launch on 5 November – approx.
Slide 18: H&M Studio A/W15
H&M STUDIO A/W15 q
Slide 19: Slide 19
Slide 20: H & M Hennes & Mauritz AB
& H & MHennes & Mauritz AB
H & M Hennes & Mauritz — H1 2015 Earnings Presentation on 6ix