SALES DEVELOPMENT IN DECEMBER 2011
In December 2011, H&M group total sales including VAT increased by 13 percent compared to the same month the previous year, in local currencies. In comparable units sales increased by 4 percent. Comparable units comprise the stores and the internet and catalogue sales countries that have been in operation for at least a financial year.
The total number of stores amounted to 2,490 on 31 December 2011 versus 2,209 on 31 December 2010.
Percentage sales development for the month of January will be published on 15 February 2012 at 08.00 (CET).
Karl-Johan Persson, Managing Director
Contact person: Nils Vinge, Head of IR, +46-8-796 5250
H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted on NASDAQ OMX Stockholm. The company’s business concept is to offer fashion and quality at the best price. In addition to H&M, the group includes the brands COS, Monki, Weekday and Cheap Monday as well as H&M Home. The H&M Group has around 2,500 stores in 43 markets including franchise markets. In 2011, sales including VAT were SEK 128,810 million and the number of employees was more than 94,000. For further information, visit www.hm.com