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H&M Hennes & Mauritz — Earnings Release 2010
Jul 15, 2010
2920_rns_2010-07-15_b15812bd-fe41-4f70-b773-7cb9a64a39c6.pdf
Earnings Release
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PRESS RELEASE 15 July 2010
H&M GROUP SALES DEVELOPMENT IN JUNE
In the month of June 2010, sales in local currencies including VAT increased by 20 per cent compared to the same month previous year.
| 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) | 6(-4) |
| June | 17(5) | 8(-2) | 4(-5) | 20(9) |
| 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) |
Sales development per month in percent excl. currency rate changes:
The figures in parenthesis represent the sales development in comparable units. Comparable units comprise 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 2,062 on 30 June 2010 versus 1,827 on 30 June 2009.
Sales development in the month of July will be published on Monday 16 August 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 15 July 2010.
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 and Cheap Monday as well as H&M Home. The H&M Group has around 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.