H & M Hennes & Mauritz AB: Sales Development in November and the Fourth
STOCKHOLM -- December 17, 2012
In November 2012, H&M Group (STO:HMB) total sales including VAT in local
currencies increased by 7 percent compared to the same month the previous
year. Sales in comparable units decreased by 1 percent. Comparable units
comprise the stores and the internet and catalogue sales countries that have
been in operation for at least a financial year.
In the fourth quarter of 2012, i.e. 1 September to 30 November, sales
including VAT increased by 9 percent in local currencies compared to the
corresponding quarter last year. Sales in comparable units were unchanged.
Sales in the fourth quarter converted into SEK amounted to SEK 37,928 m
(36,191) including VAT. Sales excluding VAT amounted to SEK 32,497 m (30,952).
The total number of stores amounted to 2,776 on 30 November 2012 versus 2,472
on 30 November 2011.
The sales figures for the fourth quarter have not yet been audited by the
company’s accountants. The full year report will be published on 30 January
2013 together with the percentage sales development for the month of December.
Karl-Johan Persson, Managing Director
The information in this press release is that which H & M Hennes & Mauritz AB
(publ) is required to disclose under Sweden’s Securities Market Act. It was
released for publication at 08.00 (CET) on 17 December 2012.
H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted
on NASDAQ OMX Stockholm. The company’s business concept is to offer fashion
and quality at the best price. In addition to H&M, the group includes the
brands COS, Monki, Weekday and Cheap Monday as well as H&M Home. The H&M Group
has approximately 2,800 stores in 48 markets, including franchise markets. For
further information, visit www.hm.com.
This information was brought to you by Cision http://www.cisionwire.com
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