H & M Hennes & Mauritz AB: Sales Development in August and the Third Quarter 2013
16 September 2013 - 4:09PM
Business Wire
Regulatory News:
In August 2013, H&M Group (STO:HMB) total sales
including VAT in local currencies increased by 14 percent compared
to the same month the previous year. Sales in comparable units
increased by 4 percent. Comparable units comprise the stores and
the internet and catalogue sales countries that have been in
operation for at least a financial year.
In the third quarter of 2013, i.e. during period 1 June to 31
August, sales including VAT increased by 12 percent in local
currencies compared to the corresponding quarter last year. Sales
in comparable units increased by 2 percent. Sales including VAT in
the third quarter converted into SEK amounted to SEK 37,411 m
(33,568). Sales excluding VAT amounted to SEK 32,040 m (28,806), an
increase of 11 percent.
The total number of stores amounted to 2,964 on 31 August 2013
versus 2,629 on 31 August 2012.
The Nine-month report, 1 December, 2012 – 31 August, 2013 will
be published on 26 September 2013 at 8.00 (CET).
Percentage sales development for the month of September will be
published on 15 October 2013 at 8.00 (CET).
Karl-Johan Persson, Managing Director
Contact person: Nils Vinge +46-8-796 5250
The information in this press release is that which H & M
Hennes & Mauritz AB (publ) is required to disclose under
Sweden’s Securities Market Act. It was released for publication at
08.00 (CET) on 16 September 2013.
H & M Hennes & Mauritz AB (publ) was founded in Sweden
in 1947 and is quoted on NASDAQ OMX Stockholm. The company’s
business concept is to offer fashion and quality at the best price.
In addition to H&M, the Group includes the brands COS, Monki,
Weekday, Cheap Monday, & Other Stories as well as H&M Home.
The H&M Group has more than 3,000 stores in 52 markets. In
2012, sales including VAT were SEK 140,948 million and the number
of employees more than 104,000. For further information, visit
hm.com (http://www.hm.com).
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