The H&M group’s sales development in the third quarter 2018
Sales including VAT in the third quarter, 1 June 2018 – 31 August 2018, amounted to SEK 64,800* m (59,383), an increase of 9 percent compared to the corresponding quarter the previous year. Sales excluding VAT amounted to SEK 55,821* m (51,229). In local currencies sales including VAT increased by 4 percent. The H&M group’s continuous transition, to face the major shift within the industry, has contributed to a gradually improved sales development and increased market share in many markets in the third quarter. However, sales and cost development in some of the group’s important markets