Brief: H&M Proposes Dividend Of SEK 7.10 Per Share

H and M Hennes and Mauritz AB

29/01/2026 07:06

Jan 29 (Reuters) - H & M Hennes & Mauritz AB HMb.ST:

H&M Q4 OPERATING PROFIT SEK 6,364 MILLION VERSUS. IBES ESTIMATE SEK 5,519 MILLION

H&M Q4 EPS SEK 2.72

H&M Q4 GROSS MARGIN 55.9%

H&M Q4 SALES SEK 59,221 MILLION VERSUS. IBES ESTIMATE SEK 59,449 MILLION

Q4 NET SALES INCREASED BY 2 PERCENT IN LOCAL CURRENCIES

SALES IN PERIOD 1 DECEMBER 2025 - 31 JANUARY 2026 ARE EXPECTED TO DECREASE BY 2 PERCENT IN LOCAL CURRENCIES VERSUS  SAME PERIOD PREVIOUS YEAR.

SEES SALES IN PERIOD 1 DECEMBER 2025 - 31 JANUARY 2026 TO DECREASE BY 2 PERCENT IN LOCAL CURRENCIES COMPARED WITH SAME PERIOD PREVIOUS YEAR

DIVIDEND PROPOSAL: SEK 7.10 (6.80) PER SHARE PAID IN TWO INSTALMENTS

IMPACT OF TARIFF COSTS IS EXPECTED TO INCREASE FURTHER.

SEES 2026 CAPEX AT SEK SEK 9-10 BILLION

TO SEEK AUTHORISATION TO BUY BACK GROUP'S OWN CLASS B SHARES

IMPROVEMENT WORK IN SUPPLY CHAIN AND EXTERNAL FACTORS THAT HAD POSITIVE INFLUENCE ON PURCHASING COSTS STRENGTHENED GROSS MARGIN IN Q4

SEES Q4 MARKDOWNS TO  BE AT THE SAME LEVEL AS IN CORRESPONDING PREIOD PREVIOUS YEAR

AT THE BEGINNING OF Q4 THERE WERE 180 FEWER STORES THAN AT THE SAME POINT IN TIME LAST YEAR

AT THE END OF Q4 THERE WERE 152 FEWER STORES THAN AT THE SAME POINT IN TIME LAST YEAR

BY THE END OF THE FOURTH QUARTER ALL MONKI STORES HAVE BEEN CLOSED

FOR 2026 WE ESTIMATE THAT THE SALES EFFECT FROM THE STORE OPTIMISATION WILL TURN AROUND TO BECOME SLIGHTLY POSITIVE

Source text: ID:nWkr6yXHsG

Further company coverage: [HMb.ST]

 (Gdansk Newsroom)

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