H & M Hennes & Mauritz AB Six-month report
First half-year (1 December 2016 – 31 May 2017) · The H&M group’s sales including VAT increased by 9 percent to SEK 113,907 m (104,965) during the first six months of the financial year. Sales excluding VAT amounted to SEK 98,368 m (90,565). In local currencies sales increased by 5 percent. · Profit after financial items increased by 6 percent to SEK 10,920 m (10,329). The group’s profit after tax amounted to SEK 8,354 m (7,902), corresponding to SEK 5.05 (4.77) per share. Second quarter (1 March 2017 – 31 May 2017) · The H&M group’s sales including VAT increased by 10