H & M Hennes & Mauritz AB Full-year report

Full-year (1 December 2015 — 30 November 2016)  · The H&M group’s sales including VAT increased by 7 percent in local currencies during the financial year. Converted into SEK, sales including VAT increased by 6 percent to SEK 222,865 m (209,921). Sales excluding VAT amounted to SEK 192,267 m (180,861). · Gross profit increased to SEK 106,177 m (103,167). This corresponds to a gross margin of 55.2 percent (57.0). · Profit after financial items amounted to SEK 24,039 m (27,242). The group’s profit after tax amounted to SEK 18,636 m (20,898), corresponding to SEK 11.26 (12.63) per