H&M: quarterly sales up 10%

(CercleFinance.com) - The H&M group this morning announced Q1 2019 net sales (in fact from 1 December 2018 to 28 February 2019) of 51,015 million Swedish kronor (c.
4.9 billion euros), up 10% y-o-y.

In local currency, growth reached 4%.

With the group set to publish its full results on 29 March, this sales announcement was snubbed by investors, with the stock currently down 4.3%.


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