Clothing & Shoes

H&M profits surge 61% as cost-saving measures bear fruit

In Q3 alone the company posted a profit after tax of SEK 3.3bn (£250m) with a gross profit of SEK 31bn (£2.3bn)

H&M has announced that its profit after tax rose 61% to SEK 7bn (£524m) for the nine months ended 31 August 2023.

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