Releases - H & M Hennes & Mauritz AB

This fall H&M, Hennes & Mauritz will open its two first stores in the center of Madrid. The first opening will be on September 28th, in Preciados St. (C/Preciados, 6; 28013 Madrid). The store will span over 1000sq meters, where it will be displayed the H&M collections for ladies and cosmetic, as well as lingerie and accessories. The Preciados store will have garments to dress from teenagers and women who like to be...

Leases have been signed for five stores in Spain; two each in Barcelona and Zaragoza that will open in the spring 2000 and one store in Valencia that is planned to open in the autumn 2000.

Bonus to all personnel
All personnel within the H&M Group, approximately 26,500 collaborators, will receive a millennium bonus. The bonus consists of the value of 10 H&M shares at the rate of SEK 224 (average rate during the...

• Group turnover amounted to SEK 15,683 M (SEK 12,065 M), an increase of 30 per cent. The sales development has been most satisfactory in all markets.

• Profit before tax was SEK 2,049 M (SEK 1,356 M), an increase of 51 per cent.

• Profit per share after comprehensive tax allocation was SEK 1.61 (SEK 1.06).

• Investments and start-up costs amounted to SEK 515 M (SEK 374 M). A total of 30 new shops were...

• Group turnover amounted to SEK 7,277 M (SEK 5,805 M), an increase of 25 per cent. • Sales development has been very satisfactory in all markets. • Profit before taxes was SEK 759 M (SEK 452 M), an improvement of 68 per cent. • Profit per share after comprehensive tax allocation corresponded to SEK 2.38 (SEK 1.42).

• Group turnover amounted to SEK 26,650 M (SEK 21,279 M), an increase of 25% compared with the previous year

• Same store sales increased in all markets

• Profit before tax was SEK 3,468 M (SEK 2,512 M), an increase of 38%

• Profit per share after tax increased to SEK 11.05 (SEK 8.17)

• Investments amounted to SEK 1,008 M. A total of 71 new shops were opened, of which six in France, a new H&M...