The H&M group’s sales development in the first quarter 2023
Net sales increased by 12 percent to SEK 54,872* m (49,166) in the first quarter, i.e., in the period 1 December 2022 – 28 February 2023, compared with the corresponding period last year. In local currencies, net sales increased by 3 percent. Excluding Russia, Belarus and Ukraine the increase was 16 percent in SEK and 7 percent in local currencies. * The amount is provisional and may deviate slightly from the three-month report that will be published on 30 March 2023. Contact:Nils Vinge, Head of IR +46 8 796 52 50 nils.vinge@hm.comH&M Group Media Relations +46 8 796 53 00