SALES DEVELOPMENT IN FEBRUARY AND FIRST QUARTER 2012
In February 2012, H&M group total sales including VAT in local currencies increased by 13 percent compared to the same month the previous year. Sales in comparable units increased by 2 percent. Comparable units comprise the stores and the internet and catalogue sales countries that have been in operation for at least a financial year. Sales in February were positively affected by approximately 3 percentage points due to the leap day on 29 February 2012. In the first quarter, i.e. 1 December 2011 to 29 February 2012, sales including VAT increased by 13 percent in local currencies compared