Josef Ahlberg
Head of Investor Relations
Replay available
H & M Hennes & Mauritz AB (publ) (HM_B) Q2 2025 Earnings Call
H & M Hennes & Mauritz AB (publ) (STO: HM_B) Q2 2025 earnings conference call, held 2025-06-26. Replay captured from the company's public earnings webcast.
Hosted by
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Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for H&m Hennes & Mauritz Ab Class B.
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:05.101 Good morning and warm welcome everyone. Today we present the second 00:00:05.101 -- 00:00:10.071 quarter results for 2025 for the H&M Group. 00:00:10.071 -- 00:00:14.257 I'm Josef Ahlberg and I'm Head of Investor Relations. 00:00:14.257 -- 00:00:19.289 Before I hand over to our CEO, Daniel Revere, I'd like 00:00:19.289 -- 00:00:22.136 to share this morning's setup. 00:00:22.136 -- 00:00:27.549 Daniel will give you an overview of the results, followed by a more detailed financial 00:00:27.549 -- 00:00:31.418 presentation from our CFO, Adam Karlsson. 00:00:31.418 -- 00:00:36.785 And then Daniel will give you a key highlights from the quarter and 00:00:36.785 -- 00:00:40.310 an outlook going forward. 00:00:40.310 -- 00:00:45.417 As usual, we'll close with a Q&A session where Daniel, Adam and I 00:00:45.417 -- 00:00:48.622 are available to answer your questions. 00:00:48.622 -- 00:00:53.088 So please welcome Daniel. Thank you, Josef. 00:00:53.088 -- 00:00:56.733 And good morning to all of you. Warm welcome to those of you who join us here in the 00:00:56.733 -- 00:01:01.921 room and then also you joining us online. To start off today, 00:01:01.921 -- 00:01:07.489 we see that our plan with focus on an elevating product offering, an upgraded store experience 00:01:07.489 -- 00:01:12.557 and a strengthened brand is generating and creating important progress across 00:01:12.557 -- 00:01:17.886 our business. Our sales in the second quarter increased by 1% 00:01:17.886 -- 00:01:23.414 in local currencies. That should be seen in the context 00:01:23.414 -- 00:01:27.564 of that by the end of the quarter we had 4% fewer 00:01:27.564 -- 00:01:33.739 stores than last year and excluding those closures the sales increased by 3% 00:01:33.739 -- 00:0...