STOCKHOLM, Sweden, March 25, 2004 (PRIMEZONE) -- H & M Hennes & Mauritz: 1 December 2003 - 29 February 2004
-- Group turnover for the period excluding VAT amounted to SEK
11,756 m (10,771), an increase of 9 per cent. With comparable
exchange rates, the increase was 12 per cent. Turnover including
VAT was SEK 13,807 m (12,636).
-- Profit after financial items amounted to SEK 1,788 m (1,689).
Profit after estimated tax was SEK 1,162 m (1,098), corresponding
to earnings per share of SEK 1.40 (1.33).
-- Gross profit amounted to SEK 6,311 m (5,858), which corresponded
to a margin of 53,7 per cent (54,4).
-- Operating profit amounted to 1,701 (1,558), an increase of 9 per
cent. Operating margin was 14.5 per cent (14.5).
Information about H&M and press photographs are available at www.hm.com
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