Retail
H & M Report Growing Profits
Published torsdag 29 januari 2009 kl 11.49
Clothing giant H & M recorded a larger than expected profit for the 4th quarter of 2008, with sales also up during the period. The company made a profit of almost 900 million US dollars, up 14 percent on the same period in 2007 and higher than analysts’ predictions. The company says the profit is satisfying, especially considering the current economic climate.
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