H&M has delivered strong and increasing profits for the first time after two years of declining margins. Lower markdowns and faster online growth have allowed for such an outperformance. The results are promising for a faster recovery.
03 Oct 2019
H&M shines again, finally
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H&M shines again, finally
H&M Hennes & Mauritz AB Class B (HMSB:ETR) | 0 0 0.3% | Mkt Cap: 203,588m
- Published:
03 Oct 2019 -
Author:
Rim BEN SALAH - Pages:
H&M has delivered strong and increasing profits for the first time after two years of declining margins. Lower markdowns and faster online growth have allowed for such an outperformance. The results are promising for a faster recovery.