H & M Hennes & Mauritz AB Full-year report
Full-year (1 December 2014 — 30 Nov 2015) · Well-received collections for all brands in the H&M group resulted in good sales of SEK 210 billion including VAT and increased market share. · The H&M group’s sales excluding VAT increased by 19 percent to SEK 180,861 m (151,419) during the financial year. In local currencies the increase was 11 percent. · Gross profit increased by 16 percent to SEK 103,167 m (89,052). This corresponds to a gross margin of 57.0 percent (58.8). · Profit after financial items increased by SEK 1.3 billion and amounted to SEK 27,242 m (25,895), an