Sweden's news in English

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