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 & Other Stories, Cheap Monday, COS, Monki and Weekday as well as H&M Home. The H&M Group has more than 4,300 stores in 64 markets including franchise markets. In 2016, sales including VAT were SEK 223 billion and the number of employees is more than 161,000. For further information, visit hm.com.


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