H&M GROUP SALES DEVELOPMENT IN NOVEMBER
In the month of November 2007, sales in local currencies including VAT increased
by 14 per cent compared to November previous year.
Sales increase per month in per cent excluding currency rate changes:
2003/04 2004/05 2005/06 2006/07
December 11 13 14(4) 16(5)
January 14 5 15(5) 16(5)
February 13 6 11(2) 15(5)
March 7 20 0(-8) 29(17)
April 13 15 9(1) 21(8)
May 7 18 13(5) 10(-2)
June 15 18 9(1) 17(5)
July 14 12 11(2) 14(2)
August 15 17 15(5) 11(-1)
September 10 7 9(0) 25(12)
October 9 10 12(3) 15(3)
November 24 11 11(2) 14(1)
Whole year 12 13 11(2) 17(5)
The figure in parenthesis represents the sales development in comparable stores.
A store is comparable if it has been open and has had an unchanged sales area
for at least a financial year. H&M's financial year extends from 1 December to
30 November.
The number of stores amounted to 1,522 on 30 November 2007 versus
1,345 on 30 November 2006.
Sales development in the month of December will be published together with the
full year results on Thursday 31 January 2008 at 8.00 CET.
Rolf Eriksen, Managing Director
Contact person:
Nils Vinge, Head of Investor Relations +46-8-796 5250
Press pictures and background information for editorial use can be down loaded
from www.hm.com
H & M Hennes & Mauritz AB (H&M) was established in Sweden in 1947. The company's
business concept is to offer fashion and quality at the best price. H&M is
quoted on the OMX Nordic Exchange Stockholm. Today there are around 1,500 H&M
stores in 28 countries. H&M has more than 60,000 employees and achieved sales
including VAT in 2006 of SEK 80,081 million. H&M has a wide product range that
is divided into a number of different concepts for women, men, teenagers,
children and cosmetics. The company's clothing collections are created by its
own designers, pattern makers and buyers. For further information visit
www.hm.com.
H&M GROUP SALES DEVELOPMENT IN NOVEMBER
| Source: Hennes & Mauritz AB, H & M
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