Sales development in May and second quarter 2016

May 2016

The H&M group’s sales including VAT increased by 9 percent in local currencies in May 2016 compared to the same month the previous year. Adjusted for calendar effects, sales increased by 11 percent.

Second quarter 2016

In the second quarter of 2016, i.e. during period 1 March to 31 May, sales including VAT increased by 5 percent in local currencies compared to the corresponding quarter last year. Sales including VAT converted into SEK increased by 2 percent and amounted to SEK 54,341* m (53,233). Sales excluding VAT amounted to
SEK 46,874* m (45,867).

The total number of stores amounted to 4,077 on 31 May 2016 compared to 3,639 on 31 May 2015.

Percentage sales development for the month of June will be published on 15 July 2016 at 08.00 (CET).

*The amounts are provisional and may deviate slightly from the Interim Report that will be released on 22 June 2016.

Karl-Johan Persson, CEO