SLIDE 1
H & M Hennes & Mauritz AB
TELEPHONE CONFERENCE 21 MARCH 2013
THREE-MONTH REPORT
H & M Hennes & Mauritz AB
NILS VINGE
INVESTOR RELATIONS MANAGER
JYRKI TERVONEN
CHIEF FINANCIAL OFFICER
TELEPHONE CONFERENCE 21 MARCH 2013 THREE-MONTH REPORT NILS VINGE - - PowerPoint PPT Presentation
TELEPHONE CONFERENCE 21 MARCH 2013 THREE-MONTH REPORT NILS VINGE - - PowerPoint PPT Presentation
H & M Hennes & Mauritz AB H & M Hennes & Mauritz AB TELEPHONE CONFERENCE 21 MARCH 2013 THREE-MONTH REPORT NILS VINGE INVESTOR RELATIONS MANAGER JYRKI TERVONEN CHIEF FINANCIAL OFFICER FIRST QUARTER 2013 Net sales SEK
SLIDE 2
SLIDE 3
FIRST QUARTER 2013
Net sales SEK 28,392 m (+2%) – local currencies +6% – comparable units -3%
Gross profit SEK 15,679 m (+1%) – gross margin 55.2 percent (55.8%)
Operating margin 11.0 percent (12.7%)
Profit after financial items SEK 3,234 m (-12.6%)
Profit after tax SEK 2,458 m (-10.3%)
Earnings per share SEK 1.49
SLIDE 4
SALES PER MARKET
FIRST QUARTER 2013
- No. of stores
SEK m
406 269 185 228 176 127 149 110 145 82 105 68 94 71 106 62 53 24 40 25 23 31 22 27 11 2 11 16 11 12 3 13 10 1 6 2 92
Germany USA France UK Sweden Netherlands Spain Norway China Switzerland Italy Austria Denmark Belgium Poland Canada Finland Japan Russia Greece Portugal Czech Republic Romania Hungary South Korea Singapore Croatia Ireland Turkey Slovenia Malaysia Slovakia Luxembourg Mexico Bulgaria Latvia Franchise
1,000 2,000 3,000 4,000 5,000 6,000 7,000
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KEY DATA
SEK m 28 Feb 2013 29 Feb 2012 Stock-in-trade 13,825 12,397 Cash flow from current operations 3,777 2,218 Investments 1,635 1,134 Liquid funds and short-term investments 18,959 22,029 Return on equity*, % 36.3 34.9
* rolling 12 months
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STOCK-IN-TRADE / SALES
% 5 10 15 20
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EXPANSION
42 new stores net in Q1 – 2,818 stores in 48 countries
Increased expansion pace to approx. 350 new stores net for 2013
Five new markets 2013 – Chile, Estonia, Lithuania, Serbia and via franchise Indonesia
H&M opens in Australia in 2014
The other brands continue to expand
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& OTHER STORIES
Fantastic reception at the launch – first store opened in London 8 March and in Copenhagen 15 March – shop online on stories.com opened 8 March in ten European countries – sales have exceeded our high expectations
First store in Sweden opens 22 March in Stockholm
Openings in Barcelona, Berlin, Milan and Paris to follow in spring 2013
SLIDE 9
H&M SPORT
New, extended sports concept for women, men and children at the beginning of 2014
Wide range of sportswear in functional materials, suited for various kinds of sports activities
To be launched in H&M’s online markets and selected stores – stores in approx. 15 countries to start with
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SUSTAINABILITY REPORT
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CONSCIOUS EXCLUSIVE
SLIDE 12
H & M Hennes & Mauritz AB