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H & M Hennes & Mauritz AB (HMb.ST)

HMb.ST on Stockholm Stock Exchange

227.30SEK
22 Mar 2017
Change (% chg)

-1.50kr (-0.66%)
Prev Close
228.80kr
Open
227.90kr
Day's High
229.10kr
Day's Low
226.20kr
Volume
3,302,763
Avg. Vol
3,704,931
52-wk High
305.10kr
52-wk Low
226.20kr

Latest Key Developments (Source: Significant Developments)

H&M CEO says continued stronger market in China in early 2017
Tuesday, 31 Jan 2017 04:43am EST 

H & M Hennes & Mauritz Ab CEO Karl-Johan Persson said at news conference on Tuesday: H&M CEO says sees longterm investments growth pace in 2017 at same level as 2016, around 300 million sek . H&M CEO says stronger market in China seen at end of 2016 has continued in early 2017 Further company coverage: [HMb.ST] ((rebecka.roos@thomsonreuters.com;)).  Full Article

H&M local-currency Oct sales up 10 pct
Tuesday, 15 Nov 2016 02:00am EST 

H&M Hennes & Mauritz AB : says group's sales in October increased by 10 percent including VAT in local currencies compared to same month 2015 . says total number of stores amounted to 4,269 on 31 October 2016 compared to 3,807 on 31 October 2015 .Analysts' average forecast in Reuters poll was +9.5 pct [nL8N1DC4VU].  Full Article

H&M CEO says online store profitable
Wednesday, 22 Jun 2016 05:10am EDT 

H & M Hennes & Mauritz Ab CEO told news conference : online store is profitable, accounts for substantially more than 3 percent of group sales Further company coverage: [HMb.ST] (Reporting By Anna Ringstrom) ((Anna.Ringstrom@thomsonreuters.com;)).  Full Article

H&M lowers 2016 capital expenditure guidance
Wednesday, 22 Jun 2016 05:04am EDT 

H & M Hennes & Mauritz Ab executives at news conference: h&m says lowers 2016 capital expenditure guidance to 12.5-13 billion sek from previous guidance 13.5-14 billion Further company coverage: [HMb.ST] (Reporting By Anna Ringstrom and Sven Nordenstam) ((Anna.Ringstrom@thomsonreuters.com;)).  Full Article

H&M CEO sees good conditions for better result development in H2
Wednesday, 22 Jun 2016 05:01am EDT 

H & M Hennes & Mauritz Ab CEO told news conference : sees good conditions for better sales, results development in fiscal h2 versus h1 Further company coverage: [HMb.ST] (Reporting By Anna Ringstrom) ((Anna.Ringstrom@thomsonreuters.com;)).  Full Article

H&M CEO expects to keep up store growth in line with target in coming 5 years
Wednesday, 22 Jun 2016 05:00am EDT 

H & M Hennes & Mauritz Ab CEO Karl-Johan Persson tells news conference:.  Full Article

H&M online, IT investment growth possibly slower than sales increase 2017 -CEO
Wednesday, 22 Jun 2016 05:00am EDT 

H & M Hennes & Mauritz Ab : h&m ceo says thinks nearing a phase, possibly 2017, where increase in it/online investments will be slower than increase in sales Further company coverage: [HMb.ST] (Reporting By Anna Ringstrom) ((Anna.Ringstrom@thomsonreuters.com;)).  Full Article

H&M CEO says COS chain will reach 10 bln SEK in sales next year
Wednesday, 22 Jun 2016 03:55am EDT 

H & M Hennes & Mauritz AB CEO at press conference on Q2 results : Says COS will next year reach 10 billion SEK in annual sales Further company coverage: [HMb.ST] (Stockholm Newsroom) ((stockholm.newsroom@thomsonreuters.com; +46 (0)8-700 10 10;)).  Full Article

H & M CEO says aims to launch a new separate chain of stores in 2017-Reuters
Thursday, 28 Jan 2016 06:11am EST 

H & M Hennes & Mauritz AB:CEO Karl-Johan Persson says looking at launching new brands and concepts-Reuters.The idea is to launch a new chain of stores under a new brand in 2017.  Full Article

H&M Hennes & Mauritz AB - Cambodia ups minimum wage for textiles but short of demands - Reuters
Wednesday, 7 Oct 2015 08:00pm EDT 

H&M Hennes & Mauritz AB:Cambodia agreed on Thursday to raise the monthly minimum wage for its crucial textiles sector to $140 from next year, short of demands by trade unions long at odds with the government over pay - Reuters.The decision was made in a vote by representatives of the government, factories and unions, with the majority supporting an increase to $135 a month from $128. The government then raised that to $140 - Reuters.Pay for the 600,000 people who work in mostly Asian-owned factories, churning out clothes and shoes for the likes of Gap, Nike, Adidas, H&M and Inditex has been a thorny issue in impoverished Cambodia - Reuters.Major unions had been seeking a minimum wage of $160 a month, having scaled down an initial demand from $177, and threatened strikes. It was unclear if they would follow through - Reuters."This figure is reasonable and acceptable. Even it's not acceptable to all, we have no choice," Labour Minister Ith Sam Heng told reporters - Reuters.  Full Article

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