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

Sep 30, 2021 / 07:00AM GMT
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

()-

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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