-- Sales for the H&M Group (STO:HMB) excluding VAT for the financial year amounted to SEK 68,400 m (61,262), an increase of 12 per cent. In local currencies the increase was 11 per cent.
-- Profit after financial items was SEK 15,808 m (13,553), an increase of 17 per cent. Group profit after tax was SEK 10,797 m (9,247), corresponding to SEK 13.05 (11.17) per share.
-- Sales for the fourth quarter excluding VAT amounted to SEK 19,512 m (18,009), an increase of 8 per cent compared with the previous year. In local currencies the increase was 11 per cent.
-- Profit after financial items for the fourth quarter was SEK 5,440 m (4,297), an increase of 27 per cent.
-- For the financial year 2006/2007 a net contribution of 170 stores is planned.
-- Launch of home textiles, H&M Home, with start within the online and catalogue sales, autumn 2007.
-- The Board of Directors proposes a dividend of SEK 11.50 (9.50) per share.
-- Sales in December 2006 increased by 16 per cent in local currencies compared to the same month previous year.
Stockholm, 25 January 2007 The Board of Directors
Information about H&M and press images are available at www.hm.com
H & M Hennes & Mauritz AB (Publ.) Head Office - A7, 106 38 Stockholm Phone: +46-8-796 5500, Fax: +46-8-24 80 78, E-mail: email@example.com Registered office Stockholm, Reg .No 556042-7220
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