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

HMb.ST on Stockholm Stock Exchange

140.76SEK
16 Feb 2018
Change (% chg)

1.76kr (+1.27%)
Prev Close
139.00kr
Open
139.50kr
Day's High
140.86kr
Day's Low
138.90kr
Volume
7,705,813
Avg. Vol
6,784,051
52-wk High
247.00kr
52-wk Low
133.54kr

Latest Key Developments (Source: Significant Developments)

H&M board scraps dividend reinvestment plan, proposes dividend SEK 9.75/share
Monday, 12 Feb 2018 11:15am EST 

Feb 12 (Reuters) - H&M ::THE BOARD OF DIRECTORS OF H & M HENNES & MAURITZ AB IS PROPOSING TO THE 2018 AGM AN UNCHANGED CASH DIVIDEND OF SEK 9.75 (9.75) PER SHARE.SAYS INVESTIGATION HAS SHOWN THAT REINVESTMENT PLAN WOULD BE DIFFICULT TO IMPLEMENT, BOTH FROM A TECHNICAL PERSPECTIVE AND BECAUSE OF TIME CONSTRAINTS.SAYS CONSEQUENTLY, BOARD OF DIRECTORS HAS NOW DECIDED TO INSTEAD PROPOSE TO ANNUAL GENERAL MEETING ON 8 MAY 2018 THAT AN UNCHANGED DIVIDEND OF SEK 9.75 (9.75) PER SHARE IS PAID IN CASH.SAYS DIVIDEND IS TO BE PAID IN TWO INSTALMENTS - ONE IN SPRING AND ONE IN AUTUMN.  Full Article

H&M CEO: expects to roll out new H&M brand store concept 2019
Wednesday, 31 Jan 2018 05:58am EST 

Jan 31 (Reuters) - H & M Hennes & Mauritz Ab CEO Karl-Johan Persson to Reuters::SAYS EXPECTS TO ROLL OUT NEW STORE CONCEPT FOR H&M BRAND DURING 2019.  Full Article

H&M and Alibaba extend collaboration, H&M opens on Tmall
Friday, 15 Dec 2017 02:01am EST 

Dec 15 (Reuters) - Alibaba Group Holding Ltd ::THE H&M GROUP AND ALIBABA GROUP EXTEND COLLABORATION.H&M SAYS ‍H&M OPENS ON TMALL, WORLD'S LARGEST E-COMMERCE PLATFORM, DURING SPRING 2018​.H&M SAYS ‍TODAY H&M GROUP REVENUES IN CHINA AMOUNT TO SEK 11 BILLION​.H&M SAYS ‍COLLABORATION BETWEEN TWO GROUPS IS NOW BEING EXTENDED TO INCLUDE BOTH H&M BRAND AND H&M HOME​.H&M SAYS ‍THERE ARE ALSO FAR ADVANCED DISCUSSIONS REGARDING LAUNCH OF REMAINING BRANDS IN H&M GROUP ON TMALL​.  Full Article

H&M sees 2017 capex at 13.5 bln SEK
Thursday, 28 Sep 2017 04:19am EDT 

Sept 28 (Reuters) - H&M executives at a conference call for analysts and media: :h&m repeats sees fy 2017 capex around 13.5 billion sek - head of investor relations.h&m ceo says the most challenging markets this year have been in many big markets in europe, also the us although the us improved somewhat in q3.h&m ceo says will broaden assortment quite a lot in coming years online, more than in stores.h&m ceo says evaluating partnering with one or several players in china for online sales.h&m ceo says even with a modest sales growth we think we can have a healthy profit growth in 2018.  Full Article

H&M June local-currency sales +7 pct
Monday, 17 Jul 2017 02:00am EDT 

July 17 (Reuters) - H&M Hennes & Mauritz AB :Says sales including VAT increased by 7 percent in local currencies in June, matches preliminary reading .H&M's preliminary reading, issued June 29, was for 7 pct nL8N1JP1E6.Says has decided to arrange Capital Markets Days.Says has decided in consultation with its large institutional shareholders to publish the group’s sales development per quarter instead of per month.  Full Article

H&M says exploring selling H&M brand through Tmall in China
Thursday, 29 Jun 2017 08:56am EDT 

June 29 (Reuters) - H & M Hennes & Mauritz Ab CEO Karl-Johan Persson to an analysts and media conference call::says H&M exploring selling through chinese website tmall, looking to make more localised adaptions to assortments in china.says H&M has no plans to sell H&M brand on other third party platforms.says H&M will close more stores in fiscal 2017 than earlier planned, meaning net number of new stores will be around 400 versus previous guidance around 430.  Full Article

Kungsleden signs lease agreement with H&M in Växjö
Wednesday, 3 May 2017 01:00am EDT 

May 3 (Reuters) - KUNGSLEDEN AB :SIGNED A 3,000 SQUARE METER LEASE AGREEMENT WITH H&M FOR TEGNÉR 15 PROPERTY IN VÄXJÖ..H&M IS EXPECTED TO OPEN TO CUSTOMERS AT END OF NOVEMBER 2017..PROJECT AS A WHOLE IS EXPECTED TO BE COMPLETE IN SPRING 2018.  Full Article

Fastpartner signs ten-year lease agreement with H&M
Thursday, 23 Mar 2017 09:15am EDT 

Fastpartner Ab :Signed ten-year lease agreement with h&m to a total rental value of 110 million Swedish crowns ($12.5 million).  Full Article

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

Photo

H&M shares tumble on surprise quarterly sales drop

STOCKHOLM Fashion chain H&M's sales fell unexpectedly in the past three months as it attracted fewer shoppers to its stores, sending its shares plummeting and underlining its struggle to adapt to a shift to online retail. | Video