1、 General Information Q4 H&M Hennes&Mauritz AB Full-year report 2024 Full-year report 2024(1 Dec 2023 30 Nov 2024)2 Full-year report 2024(1 Dec 2023 30 Nov 2024)3 H&M Hennes&Mauritz AB Full-year report 2024 FOURTH QUARTER(1 SEPTEMBER 2024 30 NOVEMBER 2024)The H&M groups net sales in the fourth quarte

2、r amounted to SEK 62,193 m(62,650).In local currencies net sales increased by 3 percent.Gross profit increased to SEK 33,942 m(33,657).This corresponds to a gross margin of 54.6 percent(53.7).Selling and administrative expenses amounted to SEK 29,303 m(29,314).In local currencies these expenses incr

3、eased by 2 percent.Operating profit increased to SEK 4,624 m(4,332),corresponding to an operating margin of 7.4 percent(6.9).Operating profit was charged with wind-down costs of around SEK 200 m relating to stores belonging to Monki as well as provisions to HIP of SEK 236 m(177).The result after tax

4、 nearly doubled to SEK 3,081 m(1,569*),corresponding to SEK 1.92(0.97*)per share.The stock-in-trade amounted to SEK 40,348 m(37,358).Extended transport times associated with the situation in the Red Sea and Black Friday that occurred later than in the previous year had a significant impact on invent

5、ory.The composition of the stock-in-trade is assessed to be good.Cash flow from operating activities before changes in working capital,increased by 16 percent and amounted to SEK 9,870 m(8,418).Cash flow from operating activities amounted to SEK 6,974 m(9,207).FULL-YEAR(1 DECEMBER 2023 30 NOVEMBER 2

6、024)The H&M groups net sales in the financial year 2024 amounted to SEK 234,478 m(236,035).In local currencies,net sales increased by 1 percent.Gross profit increased by 4 percent to SEK 125,299 m(120,896).This corresponds to a gross margin of 53.4 percent(51.2).Selling and administrative expenses a