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H&M: Nine Month Report 1December 2005 – 31August 2006

Di pbadm
27 Set 2006

– Sales for the H&M Group excluding VAT for the first nine months amounted to SEK 48,888 m (43,253), an increase of 13 per cent. With comparable exchange rates, the increase was 11 per cent.
 
– Profit after financial items for the first nine months amounted to SEK 10,368 m (9,256), an increase of 12 per cent. Group profit after tax was SEK 6,998 m (6,016), corresponding to SEK 8.46 (7.27) per share.
 
– Sales for the third quarter excluding VAT amounted to SEK 16,754 m (15,158), an increase of 11 per cent compared with the previous year. Also with comparable exchange rates the increase was 11 per cent.


– Profit after financial items for the third quarter was SEK 3,768 m (3,324), an increase of 13 per cent. 
 
– The increase in sales for the month of August was 15 per cent with comparable exchange rates compared to August previous year.
 
– Successful start of H&M's online sales in the Netherlands.
 
– Online sales to begin in Germany and Austria, autumn 2007.

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