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United Kingdom

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

HMb.ST on Stockholm Stock Exchange

148.48SEK
24 Sep 2018
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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

PRESS DIGEST- British Business - Sept 25

Sept 25 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.