Sweden’s H&M reports $12.33 bn in H1 sales amid margin pressure
H&M Group has reported a 1 per cent rise in H1 2025 sales to SEK 112 billion (~$12.33 billion), though gross margin fell to 52.3 per cent due to cost pressures. Q2 sales rose 1 per cent to SEK 56.7 billion (~$6.24 billion), while operating profit and PAT declined. H&M plans expansion into Brazil, received top climate ranking from Stand.earth, and expects cost conditions to improve in H2 2025.
H&M Group has reported a 1 per cent rise in H1 2025 sales to SEK 112 billion (~$12.33 billion), though gross margin fell to 52.3 per cent due to cost pressures.
Q2 sales rose 1 per cent to SEK 56.7 billion (~$6.24 billion), while operating profit and PAT declined.
H&M plans expansion into Brazil, received top climate ranking from Stand.earth, and expects cost conditions to improve in H2 2025.
