H & M Hennes & Mauritz AB Nine-month report

Nine months (1 December 2018 – 31 August 2019)

The H&M group’s net sales increased by 11 percent to SEK 171,061 m (153,986) during the first nine months of the financial year. In local currencies, net sales increased by 6 percent. The ongoing transformation work has contributed to continued positive sales development with more full-price sales, lower markdowns and increased market share.

Profit after financial items increased by 6 percent to SEK 11,988 m (11,287). The group’s profit after tax increased to SEK 9,231 m (9,109), corresponding to SEK 5.58 (5.50) per share.

Source: H & M Hennes & Mauritz AB Nine-month report

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