H&m Hennes & Mauritz Ab Class B · OMXSTO:HM_B
H&m Hennes & Mauritz Ab Class B — Q1 2011 Earnings Presentation
9 slides from H&m Hennes & Mauritz Ab Class B's earnings presentation, Mar 31, 2011
Slide 1: H & M Hennes & Mauritz AB Telephone Conference 31 March 2011
& H &M Hennes & Mauritz AB TELEPHONE CONFERENCE 31 MARCH 2011 THREE-MONTH REPORT
Slide 2: Nils Vinge and Jyrki Tervonen
» NILS VINGE INVESTOR RELATIONS MANAGER » JYRKI TERVONEN CHIEF FINANCIAL OFFICER tM
Slide 3: First Quarter 2011
FIRS QUARTER 2011 » Net sales SEK 24,508 m (-1%) — local currencies +9% — comparable units +1% » Gross profit SEK 14,174 m — gross margin 57.8 percent (61.9%) » Operating margin 13.9 percent (20.0%) » Profit after financial items SEK 3,538 m (-30%) » Net profit SEK 2,618 m (-30%) » Earnings per shar
Slide 4: Sales by market
Germany USA France Sweden UK Netherlands Spain Switzerland Norway Austria Italy Denmark Belgium China Poland Canada Finland Japan Russia Portugal Greece Czech Republic Ireland Slovenia Hungary Luxembourg South Korea Slovakia Turkey Franchise 0 2,000 4,000 6,000 8,000
Slide 5: Cotton Prices
COTTON PRICES 160 140 120 100 80 60 40 20 Jan/ Jan/ Jan/ Jan/ Jan/ 2002 2004 2006 2008 2010 Source: TradingEconomics.com H M
Slide 6: Expansion
EXPANSION » G6newstores net in Q1 — 2,212 stores in 88 countries » Net addition of approx. 250 stores planned for 2011 — Romania, Croatia, Singapore, Morocco and Jordan new markets — China, UK and USA largest expansion markets » Continued expansion for COS, H&M Home, Monki, Weekday and Cheap Monday
Slide 7: Key Data
KEY DATA FIRST QUARTER SEK m 28 Feb 2011 |28 Feb 2010 Stock-in-trade 10,822 8,402 Cash flow from current operations 761 5,380 Investments 807 708 Liquid funds and short-term investments 24,355 26,200 Return on equity*, % 39.3 41.4 * rolling 12 months 7 ALI
Slide 8: Stock-in-trade / Sales
STOCK-IN- TRADE / SALE %* 15 10 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 * rolling 12 months 7 ALL
Slide 9: H & M Hennes & Mauritz AB
& H &M Hennes & Mauritz AB
H & M Hennes & Mauritz — Q1 2011 Earnings Presentation on 6ix