The margin carnage is lasting at H&M and Q2 was as tough as Q1. Sales were unchanged at CER (+1.2% reported) but with a marked deterioration in most markets. Margins have slowed significantly.
28 Jun 2018
Clouds gathering
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Clouds gathering
H&M Hennes & Mauritz AB Class B (HMSB:ETR) | 0 0 0.3% | Mkt Cap: 203,588m
- Published:
28 Jun 2018 -
Author:
Rim BEN SALAH -
Pages:
3
The margin carnage is lasting at H&M and Q2 was as tough as Q1. Sales were unchanged at CER (+1.2% reported) but with a marked deterioration in most markets. Margins have slowed significantly.