Interviews
2010 was a very good year for H&M - CEO
27 Jan '11
4 min read
• Group profit after tax amounted to SEK 5,487 m (6,154), corresponding to SEK 3.32 (3.72) per share.
• Very good start for H&M in Turkey.
• The Board of Directors proposes a dividend of SEK 9.50 (8.00) per share for the financial year 2009/2010.
• Sales in December 2010 increased by 8 percent in local currencies compared to the same month the previous year.
• Sales in the period 1 – 25 January 2011 increased by 9 percent in local currencies compared to the same period last year.
• H&M plans for a net addition of around 250 stores for the financial year 2010/2011.
• Continued investments in online and catalogue sales where H&M sees great potential for future growth;
- new H&M Shop Online will be launched in the beginning of 2011
- Online sales in USA planned to be launched at the turn of the year 2011/2012
• Very good start for H&M in Turkey.
• The Board of Directors proposes a dividend of SEK 9.50 (8.00) per share for the financial year 2009/2010.
• Sales in December 2010 increased by 8 percent in local currencies compared to the same month the previous year.
• Sales in the period 1 – 25 January 2011 increased by 9 percent in local currencies compared to the same period last year.
• H&M plans for a net addition of around 250 stores for the financial year 2010/2011.
• Continued investments in online and catalogue sales where H&M sees great potential for future growth;
- new H&M Shop Online will be launched in the beginning of 2011
- Online sales in USA planned to be launched at the turn of the year 2011/2012
Hennes & Mauritz AB
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