H&M group’s sales in the Q1 2022

H&M group’s sales in the Q1 2022

16 March 2022, Mumbai:

Net sales in local currencies increased by 18 percent in the first quarter 2022, i.e., in the period 1 December 2021 to 28 February 2022, compared with the corresponding period last year.

Converted to SEK, net sales increased by 23 percent to SEK 49,166* m (40,060).

ALSO READ: H&M Group temporarily pauses all sales in Russia

* The amount is provisional and may deviate slightly from the three-month report, covering the period 1 December 2021 – 28 February 2022, that will be published on 31 March 2022.

Communication in conjunction with the three-month report.

The three-month report, i.e., 1 December 2021 – 28 February 2022, will be published at 08:00 CEST on 31 March 2022, followed by a telephone conference at 09:00 CEST for the financial market and media.

The telephone conference will be held in English, hosted by CEO Helena Helmersson, CFO Adam Karlsson, and Head of IR Nils Vinge.

 

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CREDITS: Cision (The news article has not been edited by DFU Publications staff).

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