H&M doubles its net profit to 100 million euros in the first quarter

2024-03-27T07:56:19.291Z

Highlights: H&M doubles its net profit to 100 million euros in the first quarter. The turnover of the Swedish clothing giant, on the other hand, fell by 2%, to 53.7 billion crowns. “We are fully focused on developing profitable growth,” said the group's general director, Daniel Ervér, quoted in a press release. More information to comeÂ.  ‘We are full of optimism,’ says H&M’s general director.

The turnover of the Swedish clothing giant, on the other hand, fell by 2%, to 53.7 billion crowns, or 4.7 billion euros.