H&M GROUP SALES DEVELOPMENT IN JUNE 2011
In June 2011, H&M group total sales including VAT increased by 5 percent compared to the same month previous year, calculated in local currencies. In comparable units sales decreased by 4 percent. Comparable units comprise the stores and the internet and catalogue sales countries that have been in operation for at least a financial year.
The total number of stores amounted to 2,305 on 30 June 2011 versus 2,062 on 30 June 2010.
For table over the sales development during the last years, see attached document.
Percentage sales development for the month of July will be published on 15 August 2011.
Karl-Johan Persson, Managing Director
Contact person: Nils Vinge, Head of IR +46-8-796 5250
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 15 July 2011.
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 2,300 stores in 40 markets, including franchise markets. In 2010, sales including VAT were SEK 126,966 million and the number of employees is more than 87,000. For further information, visit www.hm.com .