H&m Hennes & Mauritz Ab Class B · OMXSTO:HM_B
H&m Hennes & Mauritz Ab Class B — H1 2022 Earnings Presentation
25 slides from H&m Hennes & Mauritz Ab Class B's earnings presentation, Jun 29, 2022
Slide 1: Press conference 29 June, 2022
H & M Hennes & Mauritz AB Press conference 29 June, 2022 Six-month report 2022
Slide 2: Slide 2
Slide 3: Helena Helmersson, Adam Karlsson, Nils Vinge
Helena Helmersson CEO Adam Karlsson CFO Nils Vinge Head of Investor Relations 3 General Information
Slide 4: Second quarter 2022
Second quarter 2022 Strong sales development • Well-received collections • Increased full-price sales and decreased markdowns • Increased sales in physical stores • Online continues to do well
Slide 5: Integrated channels
Integrated channels • Strength of having both physical and digital channels • Smooth and inspiring customer experience • Continuous store optimisation
Slide 6: Well-positioned customer offering
Well-positioned customer offering • Meet customers’ ever-increasing expectations of affordable and sustainable fashion
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Slide 8: Net sales
Net sales SEK m 125,000 + 20% 100,000 103,670 86,569 75,000 + 17% 50,000 54,504 46,509 25,000 0 Q2 Six months 2021 2022 General Information
Slide 9: Operating profit and margin by quarter
Operating profit and margin by quarter Rolling 12 months, SEK billion 8.0 10.0% 8.0% 8.1% 8.3% 7.5% 7.7% 7.1% 6.9% 7.2% 8.0% 6.0 6.6% 4.9% 6.0% 4.0 3.3% 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 0.0 0.0% -6.2 -1.1 -2.0% -2.0 -4.0% -4.0 -6.0% -6.0 -8.0% -8.0 -10.0%
Slide 10: Cash flow by quarter
Cash flow by quarter From operating activities. Excluding IFRS 16, SEK billion 20.0 15.0 14.0 11.7 11.1 10.0 8.2 7.9 7.3 7.2 5.7 5.0 4.4 3.1 2.8 1.8 0.7 0.0 -5.0 -6.5 -10.0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2019 2019 2019 2019 2020 2020 2020 2020 2021 2021 2021 2021 2022 2022 General Informa
Slide 11: Net debt/EBITDA
Net debt/EBITDA Development excluding IFRS 16 0.8 0.6 0.4 0.2 0.0 -0.2 -0.4 -0.6 -0.8 -1.0 -1.2 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2019 2019 2019 2019 2020 2020 2020 2020 2021 2021 2021 2021 2022 2022 General Information
Slide 12: Number of temporarily closed stores 2020-2022
Number of temporarily closed stores 2020-2022 2020 2021 2022 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0 W49 W51 W01 W03 W05 W07 W09 W11 W13 W15 W17 W19 W21 W23 W25 W27 W29 W31 W33 W35 W37 W39 W41 W43 W45 W47 General Information
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Slide 14: Sustainable and profitable growth
Sustainable and profitable growth Latest 2030 • Double sales • Halving carbon footprint • Profitability to exceed 10 percent over time
Slide 15: Growth areas
Growth areas H&M • Strengthen, develop and broaden offering to include more products and services • Develop existing customer relationships and attract new customers • Offer unbeatable value and enable for sustainable choices
Slide 16: Growth areas
Growth areas • Expanding by increased sales in all channels • New markets 2022: Ecuador, Kosovo, North Macedonia, and via franchise Costa Rica and Guatemala • Accelerating expansion in North and South America region, with focus on Latin America
Slide 17: Growth areas
Growth areas Portfolio brands och business ventures • Consistently growing through our other brands, new business models and initiatives • Strong sales development for COS, & Other Stories and ARKET
Slide 18: Growth areas
Growth areas Sellpy • Majority owner • Circular business model • Doubled sales in second quarter
Slide 19: Growth areas
Growth areas Investments and partnerships Investment arm Co:lab • Create value both financially and in existing operations • Renewcell and Infinited Fiber Company
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Slide 21: Green investments
Green investments • Financially support projects contributing to reduce emissions in supply chain • Goal to halve carbon emissions latest by 2030 • Green Fashion Initiative • Fashion Climate Fund
Slide 22: Long-term investments
Long-term investments Investment in infrastructure for better customer experience • Tech • AI • Supply chain
Slide 23: Long-term investments
Long-term investments Highly automated logistics centres • More capacity • Flexibility • Speed between sales channels • Increased assortment availability
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Slide 25: H & M Hennes & Mauritz AB
H & M Hennes & Mauritz AB
H & M Hennes & Mauritz — H1 2022 Earnings Presentation on 6ix