Full-year
For the 2023 financial year, covering the period 1 December 2022 – 30 November 2023, net sales increased by 6 percent to SEK 236,014* m (223,553), compared with 2022. Excluding Russia and Belarus the increase was 8 percent in SEK and 1 percent in local currencies.
Fourth quarter
Net sales in the period 1 September 2023 – 30 November 2023 were flat compared with the corresponding quarter last year and amounted to SEK 62,629* m (62,433). Excluding Russia and Belarus the increase was 3 percent in SEK and decreased by 1 percent in local currencies. In total, the H&M group’s net
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