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H&M Hennes & Mauritz

Earnings Release Feb 15, 2017

2920_iss_2017-02-15_06b3263f-dda2-49e4-bbd7-ab8f1aab9fa8.pdf

Earnings Release

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Press release

15 February 2017

Sales development in January 2017

The H&M group's sales including VAT increased by 8 percent in local currencies in January 2017 compared to the same month last year. Sales in January were negatively affected by approximately 2 percentage points.

Financial year
2013/2014 2014/2015 2015/2016 2016/2017
December 10 15 10 6
January 15 14 7 8
February 11 15 10
March 13 10 2
April 17 10 5
May 19 10 9
June 12 14 8
July 17 16 10
August 19 1 7
September 8 11 1
October 14 12 10
November 10 4 9
Full year 14 11 7

Sales development per month in percent in local currencies:

The total number of stores amounted to 4,380 on 31 January 2017 compared to 3,958 on 31 January 2016.

Percentage sales development for the month of February and the total sales in SEK for the first quarter (December-February) will be published in a separate press release at 08.00 (CET) on 15 March 2017. The Three-Month Report, covering the period 1 December 2016 – 28 February 2017, will be published at 08.00 (CET) on 30 March 2017.

Karl-Johan Persson, CEO

Contact: Nils Vinge, Head of IR, +46 8 796 55 00

The information in this press release is that which H & M Hennes & Mauritz AB (publ) is required to disclose under the EU Market Abuse Regulation (596/2014 /EU). The information was submitted for publication by the abovementioned person at 08.00 CET on 15 February 2017. This press release, along with additional information about H&M, is available at www.hm.com.

H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted on Nasdaq Stockholm. H&M's business idea is to offer fashion and quality at the best price in a sustainable way. In addition to H&M, the group includes the brands & Other Stories, Cheap Monday, COS, Monki and Weekday as well as H&M Home. The H&M group has more than 4,300 stores in 64 markets including franchise markets. In 2016, sales including VAT were SEK 223 billion. The number of employees amounts to more than 161,000. For further information, visit hm.com.

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