Hennes & Mauritz AB (FRA:HMSB)
€ 13.72 -0.025 (-0.18%) Market Cap: 21.86 Bil Enterprise Value: 24.84 Bil PE Ratio: 25.28 PB Ratio: 5.92 GF Score: 82/100

Q1 2021 H & M Hennes & Mauritz AB Earnings Call Transcript

Mar 31, 2021 / 07:00AM GMT
Release Date Price: €19.13 (-3.65%)
Operator

Good day and thank you for standing by. Welcome to the 3-month report for 2021. (Operator Instructions)

Please be advised that today's conference is being recorded. (Operator Instructions)

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

()-

Hi, everyone, and thank you for joining us today. Welcome to this telephone conference about the H&M group's first quarter results 2021. With me today is our CFO, Adam Karlsson; and Head of Investor Relations, Nils Vinge.

I will start with a comment about the recent events surrounding H&M in China. Then I will give a summary of the first quarter, followed by current developments. After that, we will be happy to answer all your questions.

You will find the 3 months' report on hmgroup.com, Investor Relations.

About the situation around H&M in China, it will be difficult for us to say more than the following comment

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