Thursday, June 29, 2023

H&M Group Q2 Result After Tax Declines; Net Sales Up 6%

H&M group (HNNMY.PK, HMRZF.PK, HEN.L) reported that its second-quarter result after tax was 3.29 billion Swedish kronor compared to 3.68 billion kronor, prior year. Earnings per share was 2.02 kronor compared to 2.22 kronor. Net sales increased by 6 percent to 57.62 billion Swedish kronor. In local currencies, net sales were flattish with last year.

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