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

HMb.ST on Stockholm Stock Exchange

178.66SEK
22 Aug 2019
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Latest Key Developments (Source: Significant Developments)

H&M head of IR says new logistics systems important factor for Q3 sales performance
Monday, 17 Sep 2018 

Sept 17 (Reuters) - H & M Hennes & Mauritz AB Head of IR Nils Vinge to Reuters::H&M HEAD OF IR SAYS NEW LOGISTICS SYSTEMS VERY IMPORTANT FACTOR FOR Q3 SALES PERFORMANCE.H&M HEAD OF IR SAYS WE ARE IN A TRANSITION YEAR AND SEE THAT THINGS ARE STARTING TO GO IN THE RIGHT DIRECTION.H&M HEAD OF IR SAYS SEES CURRENT PROBLEMS WITH LOGISTICS IN THE U.S. AND PARTS OF EUROPE WILL BE OVER AFTER THE FOURH QUARTER.  Full Article

H&M board scraps dividend reinvestment plan, proposes dividend SEK 9.75/share
Monday, 12 Feb 2018 

Feb 12 (Reuters) - H&M ::THE BOARD OF DIRECTORS OF H & M HENNES & MAURITZ AB IS PROPOSING TO THE 2018 AGM AN UNCHANGED CASH DIVIDEND OF SEK 9.75 (9.75) PER SHARE.SAYS INVESTIGATION HAS SHOWN THAT REINVESTMENT PLAN WOULD BE DIFFICULT TO IMPLEMENT, BOTH FROM A TECHNICAL PERSPECTIVE AND BECAUSE OF TIME CONSTRAINTS.SAYS CONSEQUENTLY, BOARD OF DIRECTORS HAS NOW DECIDED TO INSTEAD PROPOSE TO ANNUAL GENERAL MEETING ON 8 MAY 2018 THAT AN UNCHANGED DIVIDEND OF SEK 9.75 (9.75) PER SHARE IS PAID IN CASH.SAYS DIVIDEND IS TO BE PAID IN TWO INSTALMENTS - ONE IN SPRING AND ONE IN AUTUMN.  Full Article

H&M CEO: expects to roll out new H&M brand store concept 2019
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - H & M Hennes & Mauritz Ab CEO Karl-Johan Persson to Reuters::SAYS EXPECTS TO ROLL OUT NEW STORE CONCEPT FOR H&M BRAND DURING 2019.  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

H&M sees 2017 capex at 13.5 bln SEK
Thursday, 28 Sep 2017 

Sept 28 (Reuters) - H&M executives at a conference call for analysts and media: :h&m repeats sees fy 2017 capex around 13.5 billion sek - head of investor relations.h&m ceo says the most challenging markets this year have been in many big markets in europe, also the us although the us improved somewhat in q3.h&m ceo says will broaden assortment quite a lot in coming years online, more than in stores.h&m ceo says evaluating partnering with one or several players in china for online sales.h&m ceo says even with a modest sales growth we think we can have a healthy profit growth in 2018.  Full Article

Swedish fintech Klarna valued at $5.5 billion in funding round

FRANKFURT Online payments firm Klarna, which has attracted a growing following with its "buy now, pay later" service for shoppers, said on Tuesday it had raised $460 million (378.6 million pounds) in a funding round that makes it Europe's most valuable fintech startup.