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5-day change | 1st Jan Change | ||
| 178.2 SEK | +0.11% |
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+4.55% | +0.89% |
| Apr. 23 | Cotton certifier used by Inditex, H&M finds no evidence Brazil farms breached standards | RE |
| Apr. 23 | Inditex cotton certifier says no evidence of Brazil farms breaching standards | RE |
STOCKHOLM (Reuters) - Sweden's H&M, the world's second-biggest fashion retailer, on Wednesday reported a 33% growth in quarterly profit which beat expectations, as shoppers thronged its stores in the aftermath of the pandemic.
The company posted a pretax profit of 4.78 billion Swedish crowns ($470.76 million) up from 3.59 billion crowns a year earlier. Analysts polled by Refinitiv had on average forecast a 3.87 billion crown profit.
($1 = 10.1538 Swedish crowns)
(Reporting by Supantha Mukherjee and Anna Ringstrom in Stockholm, editing by Stine Jacobsen)
| 1st Jan change | Capi. | |
|---|---|---|
| +0.89% | 26.32B | |
| +13.37% | 149B | |
| +19.15% | 81.92B | |
| -4.51% | 44.31B | |
| -17.97% | 42.98B | |
| +12.15% | 13.72B | |
| -8.20% | 11.4B | |
| +7.01% | 9.03B | |
| -3.30% | 7.55B | |
| -7.04% | 6.92B |
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