H&M group’s sales in the Q1 2022

H&M group’s sales in the Q1 2022

16 March 2022, Mumbai:

Net sales in local currencies increased by 18 percent in the first quarter 2022, i.e., in the period 1 December 2021 to 28 February 2022, compared with the corresponding period last year.

Converted to SEK, net sales increased by 23 percent to SEK 49,166* m (40,060).

ALSO READ: H&M Group temporarily pauses all sales in Russia

* The amount is provisional and may deviate slightly from the three-month report, covering the period 1 December 2021 – 28 February 2022, that will be published on 31 March 2022.

Communication in conjunction with the three-month report.

The three-month report, i.e., 1 December 2021 – 28 February 2022, will be published at 08:00 CEST on 31 March 2022, followed by a telephone conference at 09:00 CEST for the financial market and media.

The telephone conference will be held in English, hosted by CEO Helena Helmersson, CFO Adam Karlsson, and Head of IR Nils Vinge.

 

RELATED ARTICLE H&M HOME arrives in India

Join our community on Linkedin 

CREDITS: Cision (The news article has not been edited by DFU Publications staff).

Author’s Posts