Q1 2019 H & M Hennes & Mauritz AB Earnings Call Transcript

Mar 29, 2019 / 08:00AM GMT

Release Date Price: €14.93 (+10.95%)

Transcript

Operator

Ladies and gentlemen, thank you for standing by. Welcome to today's 3-month results for 2019 for H&M Group. The meeting will be 60 minutes, starting with a presentation, followed by a question-and-answer session.

I would like to introduce CEO, Karl-Johan Persson. Please go ahead.

Karl;Johan Persson;publ;CEO

H & M Hennes & Mauritz AB;President & MD

()- -

Thank you. 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 first quarter results for 2019. With me today is our CFO, Jyrki Tervonen; and our Head of Investor Relations, Nils Vinge. You will find the 3-month report on H&M on about.hm.com/investorrelations. And before we start the Q&A session, I will give a brief comment about developments in the quarter.

Our transformation work continues at a fast pace. The positive signals we saw towards the end of last year continued in the first quarter 2019 as this work contributed to stronger

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