In the fourth quarter of 2018, i.e. during the period 1 September 2018 to 30 November 2018, sales including VAT increased to SEK 65,449* m (58,481). Sales excluding VAT increased to SEK 56,429* m (50,407), an increase of 12 percent compared to the corresponding quarter last year. In local currencies, sales including VAT increased by 6 percent.
Communication in conjunction with the full-year report
The full-year report for 2018, i.e. 1 December 2017 to 30 November 2018, will be published at 08:00 CET on 31 January 2019, followed by a press conference at 09:30 CET hosted by CEO Karl-Johan Persson and Head of IR Nils Vinge. The press conference for the financial market and media will be held in Swedish at H&M’s head office in Stockholm, Ljusgården, Mäster Samuelsgatan 49, 3rd floor.
A telephone conference for the financial market and media will be held in English at 14:00 CET hosted by CEO Karl-Johan Persson, CFO Jyrki Tervonen and Head of IR Nils Vinge. The presentation material will be available at about.hm.com/investors.
To book interviews with CEO Karl-Johan Persson and Head of Investor Relations Nils Vinge in conjunction with the full-year report on 31 January 2019, please contact: Kristina Stenvinkel, Communications Director, telephone: +46 8 796 39 08, e-mail: firstname.lastname@example.org.
Karl-Johan Persson, CEO
*The amounts are provisional and may deviate slightly from the full-year report, covering the period 1 December 2017 – 30 November 2018, that will be published on 31 January 2019.
Effective from the full-year report, which will be published on 31 January 2019, and in future interim reports and sales development press releases, only sales excluding VAT will be reported as a measure of sales.