H & M Hennes & Mauritz AB: FULL YEAR REPORT 1 December 20...

FULL YEAR REPORT 1 December 2005 - 30 November 2006 · Sales for the H&M Group excluding VAT for the financial year amounted to SEK 68,400 m (61,262), an increase of 12 per cent. In local currencies the increase was 11 per cent. · Profit after financial items was SEK 15,808 m (13,553), an increase of 17 per cent. Group profit after tax was SEK 10,797 m (9,247), corresponding to SEK 13.05 (11.17) per share. · Sales for the fourth quarter excluding VAT amounted to SEK 19,512 m (18,009), an increase of 8 per cent compared with the previous year. In local currencies the increase was 11 per cent. · Profit after financial items for the fourth quarter was SEK 5,440 m (4,297), an increase of 27 per cent. · For the financial year 2006/2007 a net contribution of 170 stores is planned. · Launch of home textiles, H&M Home, with start within the online and catalogue sales, autumn 2007. · The Board of Directors proposes a dividend of SEK 11.50 (9.50) per share. ------------------------------------------------------------------------ ------------------------ · Sales in December 2006 increased by 16 per cent in local currencies compared to the same month previous year. Stockholm, 25 January 2007 The Board of Directors Contact persons: Nils Vinge, IR +46-8-796 5250 Leif Persson, CFO +46-8-796 1300 Rolf Eriksen, CEO +46-8-796 5233 Switchboard +46-8-796 5500 Information about H&M and press images are available at www.hm.com H & M Hennes & Mauritz AB (Publ.) Head Office - A7, 106 38 Stockholm Phone: +46-8-796 5500, Fax: +46-8-24 80 78, E-mail: info@hm.com Registered office Stockholm, Reg .No 556042-7220 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://wpy.waymaker.net/client/waymaker1/f.aspx?id=364936&fn=wkr0010.pdf The full report