Q3 2020 H & M Hennes & Mauritz AB Earnings Call Transcript

Oct 01, 2020 / 07:00AM GMT

Release Date Price: $3.62 (+6.78%)

Transcript

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the 9-month report for 2020 conference call. (Operator Instructions) I also must advise that this call is being recorded today, Thursday, the 1st of October 2020. And without any further delay, I would now like to hand over the call to your first speaker today, CEO, Helena Helmersson. Thank you. Please go ahead.

Helena Helmersson;publ;CEO

H & M Hennes & Mauritz AB

()-

Hi, everyone, and thank you for joining us today. Welcome to the telephone conference about the H&M group's 9 months and third quarter results 2020. With me today is our CFO, Adam Karlsson; and Head of Investor Relations, Nils Vinge.

I will start with a short summary of the third quarter and our focus going forward, and then we will be happy to answer your questions. You will find the 9-month report on h&mgroup.com (sic) [hmgroup.com] Investor Relations.

Our recovery is going better than expected. This is the result of much appreciated collections and our rapid and

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