H & M HENNES & MAURITZ AB SIX-MONTH REPORT
1 December 2009 – 31 May 2010 THE FIRST HALF-YEAR • The H&M Group’s sales excluding VAT during the first six months of the financial year amounted to SEK 51,879 m (49,837), an increase of 4 percent. In local currencies, the increase was 11 percent. • Profit after financial items amounted to SEK 12,095 m (9,338), an increase of 30 percent. Group profit after tax was SEK 8,950 m (6,770), corresponding to SEK 5.41 (4.09) per share. THE SECOND QUARTER • The H&M Group’s sales excluding VAT during the second quarter amounted to SEK 27,033 m (26,538), an increase of 2 percent. In local currencies,