Editions:  Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland

Hennes' sales up

Share this article

10:50 CEST+02:00
Sales by Swedish clothing chain Hennes and Mauritz increased by 9 percent in June compared to the same month last year.

The increase was not good enough for analysts, however, who had expected more. According to a survey by Reuters, analysts had on average expected a sales increase of 12.5 percent.

Sales in May increased by 13 percent.

News agency AFX said H and M shares were expected to fall in opening trading on Monday.

Get notified about breaking news on The Local

Share this article

From our sponsors

The ‘fairytale' boarding school nestled in a Swedish village

The words ‘boarding' and ‘school' often summon images of strict teachers, drab dormitories and downcast children. That image couldn't be further from reality at Sigtunaskolan Humanistiska Läroverket (SSHL), where boarders describe the ‘fairytale' school as a home away from home.