Half Year 2019 H & M Hennes & Mauritz AB Earnings Call Transcript

Jun 27, 2019 / 12:00PM GMT

Release Date Price: $3.53 (+14.82%)

Transcript

Operator

Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to today's 6-month report for 2019 conference call. (Operator Instructions) I must advise you that this conference is being recorded today on Thursday, the 27th of June 2019.

I would now like to hand the conference over to your host today, CEO, Karl-Johan Persson. Please go ahead.

Karl;Johan Persson;publ;CEO

H & M Hennes & Mauritz AB;President & MD

()- -

Hi, everyone. Thank you for joining us today. I'm very pleased to welcome you all to this conference call about H&M group's second quarter and 6-month results for 2019.

With me today is our CFO, Jyrki Tervonen; and our Head of Investor Relations, Nils Vinge. You will find the 6-month report on H&M dot -- hmgroup.com, Investor Relations. And before we start the Q&A session, I will give a brief comment about the quarter and current developments.

Our transformation work continues at a fast pace, and we can see clearly that we are

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