Nine months report

INTERIM REPORT - NINE MONTHS 1 December 2002 - 31 August 2003 · H&M's Group turnover amounted to SEK 40,235 (37,369) M, an increase of 8 per cent. In comparable currency rates the increase was 10 per cent. · Profit after financial items was SEK 6,335 (5,225) M, an increase of 21 per cent. · Profit after tax for the group amounted to SEK 4,118 M (3,396), corresponding to SEK 4.98 per share (4.10). · Turnover for the third quarter amounted to SEK 13,209 M, an increase of 4 per cent compared with last year. In comparable currency rates the increase was 7 per cent. · Gross margin amounted to 55.6 per cent during the third quarter (54.0 per cent). · The operating margin amounted to 17.8 per cent (16.7 per cent). This margin is the highest ever reached in the Group's third quarter. · Third quarter profit after financial items amounted to SEK 2,079 M (1,906), an increase of 9 per cent. · The autumn collections were well received. Contact persons: Carl-Henric Enhörning, IR +46 8 796 5410 Leif Persson, CFO +46 8 796 1300 Rolf Eriksen, CEO +46 8 796 5233 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/09/25/20030924BIT00720/wkr0001.doc The full report http://www.waymaker.net/bitonline/2003/09/25/20030924BIT00720/wkr0002.pdf The full report