Earnings Release • May 17, 2010
Earnings Release
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PRESS RELEASE 17 May 2010
In the month of April 2010, sales in local currencies including VAT increased by 4 per cent compared to April previous year.
Sales development per month in percent excl. currency rate changes:
| 2006/07 | 2007/08 | 2008/09 | 2009/10 | |
|---|---|---|---|---|
| December | 16(5) | 10(-1) | 3(-7) | 15(3) |
| January | 16(5) | 17(3) | 9(-1) | 11(1) |
| February | 15(5) | 24(10) | 1(-8) | 10(-1) |
| March | 29(17) | 3(-8) | 6(-3) | 21(9) |
| April | 21(8) | -1(-10) | 19(8) | 4(-6) |
| May | 10(-2) | 25(14) | 0(-9) | |
| June | 17(5) | 8(-2) | 4(-5) | |
| July | 14(2) | 15(3) | 7(-3) | |
| August | 11(-1) | 8(-3) | -3(-11) | |
| September | 25(12) | 10(-2) | 1(-8) | |
| October | 15(3) | 9(-2) | 7(-3) | |
| November | 14(1) | 7(-4) | 1(-9) | |
| Whole year | 17(5) | 11(-1) | 4(-5) |
The figure in parenthesis represents the sales development in comparable H&M units. Comparable units mean the stores and the internet and catalogue sales countries that have been in operation for at least a financial year. H&M's financial year is 1 December to 30 November.
The number of stores amounted to 2,037 on 30 April 2010 versus 1,804 on 30 April 2009.
Sales development in the month of May will be published together with the six-month report on Thursday 24 June 2010 at 08.00 CET.
Karl-Johan Persson, Managing Director
Contact person: Nils Vinge, Head of IR +46-8-796 5250
The information in this sales development 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 17 May 2010.
H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted on NASDAQ OMX Stockholm. The company's business idea is to offer fashion and quality at the best price. In addition to H&M, the group includes the brands COS, Monki, Weekday and Cheap Monday as well as H&M Home. The H&M Group has more than 2,000 stores in 37 markets. In 2009, sales including VAT were SEK 118,697 million and the number of employees was around 76,000. For further information, visit www.hm.com.
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