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H & M Hennes & Mauritz AB (HMb.ST)

HMb.ST on Stockholm Stock Exchange

144.62SEK
18 May 2018
Change (% chg)

-1.98kr (-1.35%)
Prev Close
146.60kr
Open
146.74kr
Day's High
146.90kr
Day's Low
143.76kr
Volume
6,722,303
Avg. Vol
7,903,306
52-wk High
229.60kr
52-wk Low
117.10kr

Latest Key Developments (Source: Significant Developments)

QRF Says H&M Profitability Being Under Pressure Has Impact On Its Real Estate Portfolio
Wednesday, 9 May 2018 

May 9 (Reuters) - Qrf Comm Va ::DROP OF IFRS NAV PER SHARE BY 1.6% TO 23.40 EUR ON 31 MARCH 2018.STABLE OCCUPANCY RATE OF 97.36% ON 31 MARCH 2018.DROP OF EPRA NAV PER SHARE BY 1.7% TO 23.71 EUR ON MARCH 31.FAIR VALUE OF REAL ESTATE PORTFOLIO AMOUNTED TO EUR 282.61 MILLION AT END-MARCH.SAYS H&M IS ITS MOST IMPORTANT TENANT AS AT 31 MARCH 2018.SAYS PROFITABILITY H&M BEING UNDER PRESSURE HAS IMPACT ON ITS REAL ESTATE PORTFOLIO.SAYS H&M PUT EARLY END TO ITS LEASE FOR SINT-NIKLAAS (STATIONSSTRAAT 33).SAYS H&M SINT-NIKLAAS LEASE AGREEMENT REPRESENTS 1.3% OF CONTRACTUAL RENTS AND WILL EXPIRE ON AUG. 31.SAYS H&M RENTS FIVE QRF CITY RETAIL PROPERTIES AND REPRESENTS 16.3% OF CONTRACTUAL RENTS ON ANNUAL BASIS.SAYS H&M REQUESTED TO RENEW LEASES FOR PROPERTIES IN HASSELT (DEMERSTRAAT 21-25) AND UCCLE (ALSEMBERGSESTEENWEG 767).SAYS CONDITIONS OF H&M RENEWAL REQUEST ARE IN ITS VIEW NOT MARKET COMPLIANT OR UNCLEAR.SEES DEVELOPMENTS IN RETAIL LANDSCAPE IN GENERAL AND AT H&M AS SOURCE OF UNCERTAINTY IN SHORT AND MEDIUM TERM.SAYS IS CONSEQUENTLY CAUTIOUS ABOUT ITS PROSPECTS.IN 2018 WISHES TO FURTHER DIVEST PART OF ITS PORTFOLIO AND LOOK ACTIVELY FOR OPPORTUNITIES IN ITS OWN PORTFOLIO AND IN MARKET.  Full Article

H&M CEO sees store growth slightly slower fiscal 2019 vs 2018
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - H & M Hennes & Mauritz Ab CEO Karl-Johan Persson to analysts and media in a conference call::H&M CEO SAYS NET STORE SPACE GROWTH WILL BE SLIGHTLY LOWER THAN NET GROWTH OF NUMBER OF STORES IN FY2018.H&M CEO SAYS NET STORE OPENING GROWTH WILL BE SLIGHTLY SLOWER IN 2019 THAN IN 2018.  Full Article

H&M and Alibaba extend collaboration, H&M opens on Tmall
Friday, 15 Dec 2017 

Dec 15 (Reuters) - Alibaba Group Holding Ltd ::THE H&M GROUP AND ALIBABA GROUP EXTEND COLLABORATION.H&M SAYS ‍H&M OPENS ON TMALL, WORLD'S LARGEST E-COMMERCE PLATFORM, DURING SPRING 2018​.H&M SAYS ‍TODAY H&M GROUP REVENUES IN CHINA AMOUNT TO SEK 11 BILLION​.H&M SAYS ‍COLLABORATION BETWEEN TWO GROUPS IS NOW BEING EXTENDED TO INCLUDE BOTH H&M BRAND AND H&M HOME​.H&M SAYS ‍THERE ARE ALSO FAR ADVANCED DISCUSSIONS REGARDING LAUNCH OF REMAINING BRANDS IN H&M GROUP ON TMALL​.  Full Article

H&M CEO says online store profitable
Wednesday, 22 Jun 2016 

H & M Hennes & Mauritz Ab CEO told news conference : online store is profitable, accounts for substantially more than 3 percent of group sales Further company coverage: [HMb.ST] (Reporting By Anna Ringstrom) ((Anna.Ringstrom@thomsonreuters.com;)).  Full Article

H&M lowers 2016 capital expenditure guidance
Wednesday, 22 Jun 2016 

H & M Hennes & Mauritz Ab executives at news conference: h&m says lowers 2016 capital expenditure guidance to 12.5-13 billion sek from previous guidance 13.5-14 billion Further company coverage: [HMb.ST] (Reporting By Anna Ringstrom and Sven Nordenstam) ((Anna.Ringstrom@thomsonreuters.com;)).  Full Article

H&M CEO sees good conditions for better result development in H2
Wednesday, 22 Jun 2016 

H & M Hennes & Mauritz Ab CEO told news conference : sees good conditions for better sales, results development in fiscal h2 versus h1 Further company coverage: [HMb.ST] (Reporting By Anna Ringstrom) ((Anna.Ringstrom@thomsonreuters.com;)).  Full Article

H&M CEO expects to keep up store growth in line with target in coming 5 years
Wednesday, 22 Jun 2016 

H & M Hennes & Mauritz Ab CEO Karl-Johan Persson tells news conference:.  Full Article

H&M online, IT investment growth possibly slower than sales increase 2017 -CEO
Wednesday, 22 Jun 2016 

H & M Hennes & Mauritz Ab : h&m ceo says thinks nearing a phase, possibly 2017, where increase in it/online investments will be slower than increase in sales Further company coverage: [HMb.ST] (Reporting By Anna Ringstrom) ((Anna.Ringstrom@thomsonreuters.com;)).  Full Article

H&M CEO says COS chain will reach 10 bln SEK in sales next year
Wednesday, 22 Jun 2016 

H & M Hennes & Mauritz AB CEO at press conference on Q2 results : Says COS will next year reach 10 billion SEK in annual sales Further company coverage: [HMb.ST] (Stockholm Newsroom) ((stockholm.newsroom@thomsonreuters.com; +46 (0)8-700 10 10;)).  Full Article

H&M: Chairman buys 7 mln shares in the company - Swedish FSA

** H&M chairman and main owner Stefan Persson bought over 7 million shares in the company on May 14-16, according to an update of the Swedish FSA's insider registry on Thursday