HALF-YEAR REPORT 1 December 2000 - 31 May 2001

• Turnover for the H&M Group amounted to SEK 21,391 M (SEK 17,242 M),
an increase of 24 per cent. In comparable currency rates, the increase
was 17 per cent.

• Good sales development during the second quarter. Increased market
shares in all countries.

• Turnover for the second quarter amounted to SEK 11,758 M (SEK 8,977
M), an increase of 31 per cent compared with the previous year, in
comparable currency rates the increase was 21 per cent.

• Profit after financial items was SEK 2,132 M (SEK 1,813 M), an
increase of 18 per cent.

• Profit after financial items for the second quarter was SEK 1,561 M
(SEK 1,142 M), an increase of 37 per cent.

• During the first six months, the Group opened 49 stores. In the
next six months, approximately 50 stores are planned to open.

Contact persons:

Rolf Eriksen, CEO
+46 8 796 52 33

Carl-Henric Enhörning, IR
+46 8 796 54 10

Leif Persson, CFO
+46 8 796 13 00

+46 8 796 55 00

Information about H&M and press photographs are available at www.hm.com

About Us

H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted on Nasdaq Stockholm. H&M’s business idea is to offer fashion and quality at the best price in a sustainable way. In addition to H&M, the group includes the brands COS, Monki, Weekday, Cheap Monday, & Other Stories, H&M Home as well as ARKET. The H&M group has 43 online markets and 4,739 stores in 69 markets including franchise markets as per 30 November 2017. In 2017, sales including VAT amounted toapproximately SEK 232* billion. The number of employees amounts to more than 161,000. For further information, visit about.hm.com


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