H & M Hennes & Mauritz AB Six-month report
First half-year (1 December 2013 — 31 May 2014) · The H&M Group’s sales including VAT increased in local currencies by 14 percent during the first six months of the financial year. Converted into SEK, sales excluding VAT amounted to SEK 69,970 m (60,027), an increase of 17 percent. · Profit after financial items amounted to SEK 11,129 m (9,359), an increase of 19 percent. The group’s profit after tax increased to SEK 8,458 m (7,113), corresponding to SEK 5.11 (4.30) per share. Second quarter (1 March 2014 — 31 May 2014) · Well-received spring collections resulted in strong