Clothing & Shoes

H&M Q1 profits drop amid ‘external market pressures’

Alongside this, the company’s sales increased by 2% in local currencies to SEK 55.3bn (£4.3bn), however this fell just short of analyst expectations

H&M has seen its operating profit drop 42% to SEK 1.2bn (£95m) for the three months ended 28 February 2025, down from SEK 2.1bn (£160m) in the same period last year.

Check out our free weekly podcast

Back to top button