H&m Hennes & Mauritz Ab Class B · OMXSTO:HM_B
H&m Hennes & Mauritz Ab Class B — FY2013 Earnings Presentation
19 slides from H&m Hennes & Mauritz Ab Class B's earnings presentation, Jan 30, 2014
Slide 1: Press Conference 30 January 2014 Full-Year Report
H & M Hennes & Mauritz AB PRESS CONFERENCE 30 JANUARY 2014 FULL-YEAR REPORT
Slide 2: Karl-Johan Persson, Nils Vinge, Ann-Sofie Johansson
KARL-JOHAN PERSSON MANAGING DIRECTOR NILS VINGE INVESTOR RELATIONS MANAGER ANN-SOFIE JOHANSSON DESIGN
Slide 3: The Quarter in Brief
THE QUARTER IN BRIEF Sales +13% in local currencies Continued long-term investments in areas such as IT, online, new brands, and broadening the product range Cost control remains good Profit after financial items +11% to SEK 7.3 billion
Slide 4: Financial Data
FINANCIAL DATA
Slide 5: Sales and Profits: Fourth Quarter
SALES AND PROFITS FOURTH QUARTER SEK m 2013 2012 Sales including VAT 42,610 37,930 Sales excluding VAT 36,495 32,502 Gross profit 22,189 20,017 Gross margin, % 60.8 61.6 Selling and administrative expenses -14,929 -13,484 Operating profit 7,260 6,533 Operating margin, % 19.9 20.1 Net interest income
Slide 6: Sales and Profits: Full-Year
SALES AND PROFITS FULL-YEAR SEK m 2013 2012 Sales including VAT 150,090 140,948 Sales excluding VAT 128,562 120,799 Gross profit 76,033 71,871 Gross margin, % 59.1 59.5 Selling and administrative expenses -53,865 -50,117 Operating profit 22,168 21,754 Operating margin, % 17.2 18.0 Net interest incom
Slide 7: Sales per Market
SALES PER MARKET FULL-YEAR 2013 No. of stores Germany 418 USA 305 France 197 UK 245 Sweden 177 Netherlands 130 China 205 Spain 156 Norway 114 Switzerland 87 Italy 116 Austria 72 Denmark 97 Belgium 73 Poland 122 Canada 66 Japan 39 Russia 51 Finland 58 Greece 27 Portugal 27 Romania 28 Czech Republic 3
Slide 8: Store Expansion
Markets 500 ,500 1,000 1,500 2,000 2,500 3,000 3,500 ,0 0 3 No. of stores 1974 1975 4 1976 1977 5 1978 1979 6 1980 1981 1982 1983 1984 1985 1986 1987 1988 7 1989 1990 1991 8 1992 1993 9 1994 1995 1996 STORE EXPANSION 1997 10 11 12 1998 550 1999 613 14 2000 682 2001 771 2002 844 2003 945 2004 1,068 2
Slide 9: Key Data
KEY DATA SEK m 30 Nov 2013 30 Nov 2012 Stock-in-trade 16,695 15,213 Cash flow from current operations 23,840 18,900 Investments 8,027 6,827 Liquid funds and short-term investments 17,224 17,143 Dividend (SEK) 9.50* 9.50 Return on equity, % 38.5 38.4 Average number of employees** 81,099 72,276 * prop
Slide 10: Expansion 2013
EXPANSION 2013 Continued strong expansion – 356 new stores net during 2013 – in total 3,132 stores in 53 countries China and the US largest expansion markets – new flagship store at Times Square, New York for example Five new H&M markets 2013 – Chile, Lithuania, Serbia, Estonia and via franchi
Slide 11: Expansion 2014-2015
EXPANSION 2014-2015 Approx. 375 new stores planned 2014 – China and the US largest expansion markets – several new flagship stores New H&M markets 2014 – Melbourne, Australia, during the first half year – Manila, Philippines, during the second half year – a further couple of new markets planned
Slide 12: H&M Online
H&M ONLINE Online sales an important complement to the stores Very good start for H&M’s online store in the US Global roll-out of online continues Four new online markets planned for 2014 – France new online market spring/summer – additional three large markets planned later in the year
Slide 13: COS
COS Strong performance in 2013 – 21 new stores and four new markets – in total 85 stores in 20 markets Several new markets during 2014 – USA, South Korea, Australia and Switzerland – COS online will open in the US
Slide 14: & Other Stories
& OTHER STORIES Fantastic reception since the launch in March 2013 Today eight stores in seven countries – online via stories.com in ten markets Continued expansion during 2014 – Belgium and the Netherlands new markets for stores – Austria and Ireland new online markets
Slide 15: H&M Sport
H&M SPORT Extended sports concept for women, men and children – focus on function, fit, design and comfort – Go Gold launched in January 2014 H&M dresses the Swedish Olympic Team – collection created by H&M’s designers together with Swedish Olympic athletes – Winter Olympics and Paralympics in S
Slide 16: H&M Sport
H&M SPORT
Slide 17: Spring Fashion
SPRING FASHION ies
Slide 18: Slide 18
Slide 19: H & M Hennes & Mauritz AB
& H & M Hennes & Mauritz AB
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