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H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted on Nasdaq Stockholm. H&M’s business idea is to offer fashion and quality at the best price in a sustainable way. In addition to H&M, the group includes the brands COS, Monki, Weekday, & Other Stories, H&M HOME, ARKET and Afound as well as Sellpy. For further information, visit hmgroup.com.

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  • H & M Hennes & Mauritz AB
    Mäster Samuelsgatan 46A, SE-106 38 STOCKHOLM
    +46 8 796 55 00
    https://hmgroup.com/

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    “We started to test the so called Fair Wage Method, developed by the independent Fair Wage Network, in three role model factories. Although it’s still early in the process, the initial results from the first factory that's been evaluated are promising. Based on these learnings, we aim to scale this up to all our strategic suppliers by 2018 at the latest.”
    Karl-Johan Persson, CEO at H&M
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    Buybacks of shares by H&M during week 42, 2024

    Between 14 October 2024 and 18 October 2024 H & M Hennes & Mauritz AB (publ) (LEI code 529900O5RR7R39FRDM42) has repurchased in total 640,991 own B shares (ISIN: SE0000106270) as part of the share buyback programme initiated by the board of directors. The share buybacks form part of the SEK 1 billion share buyback programme that H&M announced on 26 September 2024. The share buyback programme, which runs between 26 September 2024 and no later than 26 November 2024, is being carried out in accordance with Regulation (EU) No 596/2014 on market abuse (the Market Abuse Regulation – MAR) and

    Buybacks of shares by H&M during week 41, 2024

    Between 7 October 2024 and 11 October 2024 H & M Hennes & Mauritz AB (publ) (LEI code 529900O5RR7R39FRDM42) has repurchased in total 666,980 own B shares (ISIN: SE0000106270) as part of the share buyback programme initiated by the board of directors. The share buybacks form part of the SEK 1 billion share buyback programme that H&M announced on 26 September 2024. The share buyback programme, which runs between 26 September 2024 and no later than 26 November 2024, is being carried out in accordance with Regulation (EU) No 596/2014 on market abuse (the Market Abuse Regulation – MAR) and

    H & M Hennes & Mauritz AB Nine-month report 2024

    THIRD QUARTER (1 JUNE 2024 – 31 AUGUST 2024) · The H&M group’s net sales in the third quarter amounted to SEK 59,011 m (60,897). In local currencies net sales were flat compared with the previous year. · Gross profit amounted to SEK 30,133 m (31,015). This corresponds to a gross margin of 51.1 percent (50.9). · Selling and administrative expenses increased by 1 percent to SEK 26,602 m (26,271). In local currencies the increase was 4 percent. · Operating profit amounted to SEK 3,507 m (4,739), corresponding to an operating margin of 5.9 percent (7.8). Excluding currency

    H & M Hennes & Mauritz AB Six-month report 2024

    second quarter (1 march 2024 – 31 may 2024) · The H&M group’s net sales increased by 3 percent in the second quarter to SEK 59,605 m (57,616). In local currencies net sales increased by 3 percent. · Gross profit increased by 11 percent to SEK 33,569 m (30,338). This corresponds to a gross margin of 56.3 percent (52.7). · Selling and administrative expenses increased by 3 percent to SEK 26,446 m (25,585). In local currencies the increase was 2 percent. · Operating profit increased to SEK 7,098 m (4,741), corresponding to an operating margin of 11.9 percent (8.2). · Adjusted

    H & M Hennes & Mauritz AB Three-month report

    First quarter (1 December 2023 – 29 february 2024)  · The H&M group’s net sales amounted to SEK 53,699 m (54,872). · Gross profit increased by 7 percent to SEK 27,655 m (25,886). This corresponds to a gross margin of 51.5 percent (47.2). · Operating profit amounted to SEK 2,077 m (725), corresponding to an operating margin of 3.9 percent (1.3). Adjusted for result from investments in associated companies and joint ventures of SEK -14 m (999) the operating profit amounted to SEK 2,091 m (-274), corresponding to an improvement in profit of SEK 2,365 m. · The result after tax

    H & M Hennes & Mauritz AB Full-year report

    Full-year (1 December 2022 – 30 November 2023) · The H&M group’s net sales in SEK increased by 6 percent in the 2023 financial year to SEK 236,035 m (223,553). Excluding Russia and Belarus the increase was 8 percent in SEK and 1 percent in local currencies. · Sales for Portfolio brands in the financial year increased by 15 percent in SEK and by 9 percent in local currencies. · Gross profit increased by 7 percent to SEK 120,896 m (113,370). This corresponds to a gross margin of 51.2 percent (50.7). · Operating profit including allocation to the H&M Incentive program (HIP)

    H & M Hennes & Mauritz AB Nine-month report

    Nine months (1 December 2022 – 31 August 2023) · The H&M group’s net sales in SEK increased by 8 percent in the first nine months of thefinancial year to SEK 173,385 m (161,120). In local currencies, net sales were flat compared withthe previous year. · The gross profit increased to SEK 87,239 m (82,266). This corresponds to a gross margin of 50.3 percent (51.1). · Selling and administrative expenses amounted to SEK 78,016 m (75,918). In local currencies, these expenses decreased by 3 percent. · Operating profit increased to SEK 10,205 m (6,348), corresponding to an

    H&M to enter Brazil

    Today, H&M announces plans to launch its stores and online in Brazil during 2025. H&M continues its expansion in Latin America by initially entering major cities in Southeast Brazil with a view to further increase its presence across the country over time.  H&M opened its first store in Latin America in Mexico in 2012, and today is also present in Peru, Uruguay, Chile, Colombia, Ecuador, Guatemala, Panama, and Costa Rica. With a population of over 210 million in Brazil and a strong appreciation for fashion, there is considerable potential for expansion in the market.  “We are thrilled

    H & M Hennes & Mauritz AB Six-month report

    First half-year (1 December 2022 – 31 May 2023) ·The H&M group’s net sales in SEK increased by 9 percent in the first half-year to SEK 112,488 m (103,670). In local currencies net sales increased by 1 percent. ·The gross profit increased to SEK 56,224 m (54,106). This corresponds to a gross margin of 50.0 percent (52.2). ·Operating profit amounted to SEK 5,466 m (5,446), corresponding to an operating margin of 4.9 percent (5.3). ·The result for the first half was negatively impacted by high raw materials and freight costs, a strong US dollar, increased energy

    NOTICE OF ANNUAL GENERAL MEETING

    Shareholders in H & M Hennes & Mauritz AB (publ) (556042-7220) are hereby invited to the annual general meeting (AGM) to be held at 15.00 CEST on Thursday, 4 May 2023 in the Erling Persson Hall, Aula Medica, Karolinska Institutet, Nobels väg 6 in Solna. Check-in for the AGM will open at 14.00 CEST.   The board of directors has decided to allow shareholders to exercise their voting rights by post prior to the general meeting in accordance with the company’s articles of association.   Right to participate and notification of attendance Participation at the meeting venue

    H & M Hennes & Mauritz AB Three-month report

    First quarter (1 December 2022 – 28 February 2023) · The H&M group’s net sales in SEK increased by 12 percent in the first quarter to SEK 54,872 m (49,166). In local currencies the increase was 3 percent. Excluding Russia, Belarus and Ukraine the increase was 16 percent in SEK and 7 percent in local currencies. · The gross margin was 47.2 percent (49.3). The external factors for purchases made for the first quarter were very negative compared with the corresponding period last year. · Sellpy, which is one of Europe’s largest second-hand platforms and was previously an associated

    H & M Hennes & Mauritz AB Full-year report

    Full-year (1 December 2021 – 30 November 2022) · The H&M group’s net sales in SEK increased by 12 percent in the 2022 financial year to SEK 223,553 m (198,967). In local currencies the increase was 6 percent. Excluding Russia, Belarus and Ukraine the increase was 15 percent in SEK and 8 percent in local currencies. · As communicated previously, results for the year were impacted by one-time costs of SEK 2,591 m for winding down the Russian operations and of a cost and efficiency programme. · The gross margin was 50.7 percent (52.8). Adjusted for the one-time costs the gross

    H & M Hennes & Mauritz AB Nine-month report

    Nine months (1 December 2021 – 31 August 2022) · The H&M group’s net sales in SEK increased by 13 percent in the first nine months of the financial year to SEK 161,120 m (142,154). In local currencies the increase was 8 percent. · As communicated previously, a one-time cost for winding down the Russian operations has impacted the results for the period. · The gross margin excluding the one-time cost for Russia was 51.3 percent (51.8).The reported gross margin was 51.1 percent (51.8). · Operating profit excluding the one-time cost for Russia was SEK 8,099 m (8,996) and the

    H & M Hennes & Mauritz AB Six -month report

    First half-year (1 December 2021 – 31 May 2022) · The H&M group’s net sales in SEK increased by 20 percent in the first half-year to SEK 103,670 m (86,569). In local currencies the increase was 15 percent. · Well-received collections led to a higher share of full-price sales and lower costs for markdowns. · Gross profit increased to SEK 54,106 m (44,106). This corresponds to a gross margin of 52.2 percent (50.9). · Operating profit increased to SEK 5,446 m (2,724), corresponding to an operating margin of 5.3 percent (3.1). For rolling 12 months the operating margin was 8.3

    H & M Hennes & Mauritz AB Three-month report

    First quarter (1 December 2021 – 28 February 2022) · The H&M group’s net sales in local currencies increased by 18 percent in the first quarter. Converted into SEK the group’s net sales increased by 23 percent to SEK 49,166 m (40,060). · Well-received collections led to a higher share of full-price sales and lower costs for markdowns. At the same time, sales and profits for the quarter were impacted by the negative effects of the pandemic in many of the group’s major markets. The result was also affected by increased growth-related initiatives, particularly within tech and the

    H & M Hennes & Mauritz AB Full-year report

    Full-year (1 December 2020 – 30 November 2021) · The H&M group’s net sales in local currencies increased by 12 percent in the 2021 financial year. Converted into SEK the group’s net sales increased by 6 percent to SEK 198,967 m (187,031). · Gross profit increased to SEK 105,006 m (93,544). This corresponds to a gross margin of 52.8 percent (50.0). · Profit after financial items increased to SEK 14,300 m (2,052). · The group’s profit after tax increased to SEK 11,010 m (1,243), corresponding to SEK 6.65 (0.75) per share. · Cash flow from operating activities increased to SEK

    NOTICE OF GENERAL MEETING

    H & M Hennes & Mauritz AB (publ) (556042-7220) will hold an extraordinary general meetingon 28 October 2021.In view of the risk of spreading coronavirus, the board of directors has decided to hold the meeting in such a way that participants take part only by postal voting in accordance with § 22 of the Swedish Act (2020:198) on temporary exemptions to facilitate the holding of general meetings of companies and associations. Shareholders can only exercise their voting rights at the meeting by submitting a postal vote in accordance with the instructions below. Right to participate and

    H & M Hennes & Mauritz AB Nine-month report

    Nine months (1 December 2020 – 31 August 2021) ·The H&M group’s net sales in local currencies increased by 13 percent in the first nine months of the financial year compared with the corresponding period last year. Converted into SEK the group’s net sales amounted to SEK 142,154 m (134,482). The pandemic led to reduced footfall as a result of continued restrictions and store closures. At the most, around 1,800 stores were temporarily closed. ·Profit after financial items increased to SEK 8,297 m (-1,613). The group’s profit after tax amounted to SEK 6,389 m (-1,242),

    H & M Hennes & Mauritz AB Full-year report

    Full-year (1 December 2019 – 30 November 2020) ·The H&M group’s net sales amounted to SEK 187,031 m (232,755) in the 2020 financial year. In local currencies, net sales decreased by 18 percent. Sales development was significantly negatively affected by the pandemic, particularly in the second quarter when stores were temporarily closed in most markets; at the most, approximately 80 percent of the group’s stores were closed. ·A series of strong measures was rapidly implemented during the year. This crisis work covered all parts of the business, including product purchasing,

    H & M Hennes & Mauritz AB Six-month report

    First half-year (1 December 2019 – 31 May 2020) · The H&M group’s net sales decreased by 23 percent to SEK 83,612 m (108,489) in the first half-year. In local currencies, net sales decreased by 24 percent. The H&M group has been significantly negatively affected by the Covid-19 situation, particularly in the second quarter.  · The H&M group has taken rapid and forceful action to manage the Covid-19 situation. This has been done in all parts of the business, including areas such as product purchasing, investments, rents, staffing and financing. Since the majority of stores were

    H & M Hennes & Mauritz AB Three-month report

    First quarter (1 December 2019 – 29 February 2020) · The H&M group’s net sales increased by 8 percent to SEK 54,948 m (51,015) in the first quarter. In local currencies, net sales increased by 5 percent compared with the same quarter the previous year. Excluding the markets that were most affected during the quarter by the situation linked to the coronavirus Covid-19, the H&M group’s sales increased during the quarter by 7 percent in local currencies. · Online sales increased by 48 percent in SEK and 44 percent in local currencies. · Gross profit increased by 10 percent to SEK 28,

    Publication of H & M Hennes & Mauritz AB’s Annual Report 2019

    H & M Hennes & Mauritz AB’s Annual Report for the financial year 2019 is available starting today on the company’s website, hmgroup.com. The annual report will be sent out by post to shareholders that have so requested and will also be available at the company’s head office.  Contact persons:Nils Vinge, Head of Investor RelationsTelephone: +468-796 5250 Kristina Stenvinkel, Communications DirectorTelephone: +468-796 3908 Press pictures and background information for editorial use can be downloaded from hmgroup.com/media.This information is information that H & M Hennes &

    H&M to be Sold on Indian E-commerce Platforms Myntra and Jabong

    H&M India has signed a deal to sell H&M on e-commerce platforms Myntra and Jabong. “We are extremely delighted to partner with H&M, one of the world's leading fashion brands and host them on Myntra and Jabong. As India’s leading fashion destination for international brands, this partnership will allow millions of online shoppers across the country to access and experience the best of H&M and have it delivered at their doorsteps”, says Amar Nagaram, Head – Myntra and Jabong. H&M opened its first store in India in 2015 and today has 41 stores in the country with net sales amounting to

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