Hennes & Mauritz AB (OTCPK:HNNMY)
$ 2.765 0.025 (0.91%) Market Cap: 22.18 Bil Enterprise Value: 25.20 Bil PE Ratio: 23.43 PB Ratio: 5.64 GF Score: 80/100

Q3 2019 H & M Hennes & Mauritz AB Earnings Call Transcript

Oct 03, 2019 / 07:00AM GMT
Release Date Price: $3.85 (+4.62%)
Operator

Good morning, ladies and gentlemen, and thank you for standing by. Welcome to today's 9-month report for 2019. (Operator Instructions) I would like to advise you that the conference is being recorded today on Thursday, the 3rd of October 2019.

I would now like to hand the conference over to your speaker today, Karl-Johan Persson, CEO. Please go ahead, sir.

Karl;Johan Persson;publ;CEO
H & M Hennes & Mauritz AB;President & MD

()- -

Hi, everyone. Thank you for joining us today. I'm very pleased to welcome you all to this conference call about H&M Group's third quarter and 9-month results for 2019. With me today is our CFO, Jyrki Tervonen; and our Head of Investor Relations, Nils Vinge. You will find the 9-month reports on hmgroup.com, Investor Relations. And before we start Q&A session, I will give a short summary about the quarter and current developments.

We continue transforming our business to meet customers' ever-increasing expectations. Well-received summer

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