H&M’s nomination committee proposes Klas Balkow as new board member
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H&M’s nomination committee proposes Klas Balkow as new board member

ByStyz

The nomination committee of H & M Hennes & Mauritz AB has now completed its work ahead of the annual general meeting on 7 May 2025. The nomination committee proposes that Klas Balkow is elected as a new member of the board of directors and that the following current board members are re-elected: Anders Dahlvig, Danica Kragic Jensfelt, Lena Patriksson Keller, Karl-Johan Persson, Helena Saxon, Christian Sievert and Christina Synnergren. It is proposed that Karl-Johan Persson is re-elected as chair of the board. Stina Bergfors has declined to stand for re-election.

“I am very pleased that

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Notice of annual general meeting

ByStyz

Shareholders in H & M Hennes & Mauritz AB (publ) (556042-7220) are hereby invited to the annual general meeting (AGM) to be held at 15.00 CEST on Wednesday, 7 May 2025 in the Erling Persson Hall, Aula Medica, Karolinska Institutet, Nobels väg 6 in Solna. Check-in for the AGM will open at 14.00 CEST.

Due to the general security situation Karolinska Institutet has stated that bags will not be allowed to be taken into the meeting hall, with the exception of small handbags. Please bring ID.

The board of directors has decided to allow shareholders to exercise their voting rights by post

H & M Hennes & Mauritz AB publishes its annual and sustainability report 2024
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H & M Hennes & Mauritz AB publishes its annual and sustainability report 2024

ByStyz

A clear direction focusing on the company’s core business, investments in strategic initiatives and progress in the group’s ambitious sustainability agenda dominate H & M Hennes & Mauritz AB’s annual and sustainability report for the financial year 2024, which was published today and is available on hmgroup.com. A printed version will be sent by post to shareholders that have requested it.
“I am proud of the steps we have taken to demonstrate that exceptional design and sustainable solutions go hand in hand with our purpose to liberate fashion for the many. Sustainability is a key priority

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H & M Hennes & Mauritz AB Three-month report 2025

ByStyz

First quarter (1 December 2024 – 28 February 2025)

· The H&M group’s net sales in the first quarter increased by 3 percent to SEK 55,333 m (53,669). In local currencies net sales increased by 2 percent with around 3 percent fewer stores compared with the previous year.
· Gross profit amounted to SEK 27,169 m (27,655). This corresponds to a gross margin of 49.1 percent (51.5). The gross margin for the quarter was affected by negative external factors, increased markdowns and investments in the customer offering. The Swedish krona strengthened in the first quarter, with the result