H&M Group

In the financial report of H&M Group on the second quarter and the first half of year decrease in the profit, nevertheless the published results is noted is higher than the forecast of analysts. Besides, company assured that in the third quarter of its sales made a good start. In the second quarter (March-May) the operating profit of H&M Group reached 4,74 billion Swedish kronur (39,15 billion rubles *) that below, than in the similar period of previous year (4,98 billion Swedish kronur). The gross margin made 8,2% against 9,2% year before. Pure sales in a quarter grew by 6%, to 57,6 billion Swedish kronur (476,27 billion rubles *), however in...