Information from the 2024 AGM of H & M Hennes & Mauritz AB webwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from webwire.com Daily Mail and Mail on Sunday newspapers.
H&M Group Q1 Profit Surges, Q2-year To Date Sales Rise; Stock Climbs finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Profit surged in the first quarter of 2024 compared to the same period of the previous year for Swedish clothing retailer Hennes & Mauritz AB or H&M Group, despite weak net sales, the company reported on Wednesday. Regarding the current trading, H&M said its sales in the period March 1 to 25 increased by 2% in local currencies. Separately, H&M said its nomination committee proposes that Helena Saxon is elected as a new member of the board of directors. It is proposed that Karl-Johan Persson is r