Hennes & Mauritz AB (XSWX:HMB)
CHF 18.194 0 (0%) Market Cap: 19.46 Bil Enterprise Value: 23.10 Bil PE Ratio: 33.53 PB Ratio: 6.71 GF Score: 80/100

Q3 2021 H & M Hennes & Mauritz AB Earnings Call Transcript

Sep 30, 2021 / 07:00AM GMT
Release Date Price: CHF15.4
Operator

Good day, and thank you for standing by. Welcome to the 9 months report for 2021. (Operator Instructions) Please be advised today's conference is being recorded. I would now like to hand the conference over to your speaker today, Helena Helmersson, CEO. Please go ahead.

Helena Helmersson;publ;CEO
H & M Hennes & Mauritz AB

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Thank you so much. Hi, everyone, and thank you all for joining us today. Welcome to this telephone conference about the H&M Group's 9 months results 2021. 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, followed by current developments. And after that, we will be happy to answer your questions. You will find the 9-month report on hmgroup.com investor relations.

Today's numbers show that the H&M Group's strong recovery continues. The results are explained by much-appreciated collections, lower markdowns and good cost control combined with the initiatives implemented in areas such as tech and

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