H&M group sales grow as it hails strong margins

H&M light up sign

H&M Group reported a strong performance in the first quarter of 2022, with operating profits of SEK 725m (£56.5m) and operating margins of 1.3%.

 In the three months to February 2023, net sales grew 12% in local currency terms to SEK54.8bn (£4.8bn).

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