15/10/2008

H&M GROUP SALES DEVELOPMENT IN SEPTEMBER

In the month of September 2008, sales in local currencies including VAT increased by 10 per cent compared to September previous year.

Sales increase per month in per cent excl. currency rate changes:


          2004/05 2005/06 2006/07 2007/08
December   13      14(4)   16(5)   10(-1)
January    5       15(5)   16(5)   17(3)
February   6       11(2)   15(5)   24(10)
March      20      0(-8)   29(17)  3(-8)
April      15      9(1)    21(8)   -1(-10)
May        18      13(5)   10(-2)  25(14)
June       18      9(1)    17(5)   8(-2)
July       12      11(2)   14(2)   15(3)
August     17      15(5)   11(-1)  8(-3)
September  7       9(0)    25(12)  10(-2)
October    10      12(3)   15(3)    
November   11      11(2)   14(1)    
                                   
Whole year 13      11(2)   17(5)

The figure in parenthesis represents the sales development in comparable H&M units. Comparable units mean the stores and the internet and catalogue sales countries that have been in operation for at least a financial year. H&M’s financial year is 1 December to 30 November.

The number of stores amounted to 1,659* on 30 September 2008 versus 1,452 on 30 September 2007.

Sales development in the month of October will be published on Monday 17 November 2008 at 08.00 CET.

Rolf Eriksen, Managing Director  
 
Contact person: Nils Vinge, Head of IR     +46-8-796 5250

* Including 24 Monki and Weekday-stores.


The information in this sales development is that which H & M Hennes & Mauritz AB (publ) is required to disclose under Sweden's Securities Market Act. It was released for publication at 08.00 (CET) on 15 October 2008.





Subscription

Join our mailing list and we will e-mail you our press releases direct.

To subscription