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At the same time, during the reporting period, sales increased by 10.5% to $ 108.489 billion SEK ($ 11.7 billion).
Earlier in June, it became known that, according to the results of the second financial quarter, which ended on May 31, 2019, H&M's revenue increased by 11% in annual terms to 7.47 billion SEK ($ 6.05 billion). Growth in sales in national currencies in the past quarter was 6%.
Hennes & Mauritz, founded in 1947, produces and sells clothing under the brands H&M, COS, Monki, Cheap Monday and others.
source: bloomberg.com
Earlier in June, it became known that, according to the results of the second financial quarter, which ended on May 31, 2019, H&M's revenue increased by 11% in annual terms to 7.47 billion SEK ($ 6.05 billion). Growth in sales in national currencies in the past quarter was 6%.
Hennes & Mauritz, founded in 1947, produces and sells clothing under the brands H&M, COS, Monki, Cheap Monday and others.
source: bloomberg.com
