Sales in Q4 edged up 8.3% to reach SEK52,720m. Full-year sales were up 6.3% (+7% in local currencies) to SEK192,267m. A marked slump was experienced in Germany, France and Spain which posted almost flat sales in local currencies (0%, -1% and +1% respectively). An impressive sales growth was reported in Scandinavian countries, Russia (+38%), Turkey (+41%), Canada (+15%), and in newer footprints. In Q4, gross profit increased by 7.2% to SEK30,027m, i.e. a gross margin of 57% compared to 57.5% a
31 Jan 2017
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H&M Hennes & Mauritz AB Class B (HMSB:ETR) | 0 0 0.3% | Mkt Cap: 203,588m
- Published:
31 Jan 2017 -
Author:
Rim BEN SALAH -
Pages:
2
Sales in Q4 edged up 8.3% to reach SEK52,720m. Full-year sales were up 6.3% (+7% in local currencies) to SEK192,267m. A marked slump was experienced in Germany, France and Spain which posted almost flat sales in local currencies (0%, -1% and +1% respectively). An impressive sales growth was reported in Scandinavian countries, Russia (+38%), Turkey (+41%), Canada (+15%), and in newer footprints. In Q4, gross profit increased by 7.2% to SEK30,027m, i.e. a gross margin of 57% compared to 57.5% a