H&M profits rise but warns of slow start to the year

H&M storefront

Source: GettyImages/iStock/Robert Way

H&M has reported a better-than-expected rise in operating profit during its final quarter, but warned it was experiencing a slower start to its new financial year.

H&M chief executive Daniel Ervér said the start of the year had also been “marked by continued geopolitical and economic uncertainty”.

 

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