H&M's revenue and profit increase, aims to double sales by 2030

Full-year net sales at H & M Hennes & Mauritz AB, in local currencies increased by 11 percent in the fourth quarter 2021 compared with the corresponding period last year. Converted into SEK net sales increased by 8 percent in the quarter to 56,813 million Swedish krona.

For the financial year 2021 the H&M group’s net sales in local currencies increased by 12 percent. Converted into SEK net sales increased by 6 percent to 198,967 million Swedish krona.