H&M profits soar as giant focuses on ‘driving profitable growth’
For the three months to February 29, 2024 the retailer reported operating profits of SEK 2,077m up from just SEK 725,000 for the corresponding period last year. Adjusted for investments and joint ventures, the operating profit number jumps to SEK 2,091m – an improvement in profit of SEK 2,365m.
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