H & M Hennes & Mauritz AB Nine-month report
Nine-months (1 December 2013 — 31 August 2014) · The H&M Group’s sales including VAT increased in local currencies by 15 percent during the first nine months of the financial year. Converted into SEK, sales excluding VAT amounted to SEK 108,775 m (92,067), an increase of 18 percent. · Profit after financial items amounted to SEK 18,096 m (15,189), an increase of 19 percent. The Group’s profit after tax increased to SEK 13,754 m (11,544), corresponding to SEK 8.31 (6.97) per share. Third quarter (1 June 2014 — 31 August 2014) · Well-received collections resulted in strong