Unchanged dividend despite gains for HM

The clothing giant reports a profit before tax of SEK 463 million for the fourth quarter of the company's broken financial year.

In the corresponding period in 2021, the company made a profit of SEK 6,003 million.

Unchanged dividend

Turnover amounted to SEK 62,433 million, compared to SEK 56,813 million a year earlier.

The board proposes an unchanged dividend to the shareholders of SEK 6.50.

That particular question has been highly topical before the financial statements.

The company also sticks to the goal of achieving a double-digit operating margin for the full year 2024.

"The external factors are still challenging, but the development is going in the right direction.

In combination with our investments and efficiencies, there are good conditions for 2023 to be a year with increased sales, improved profitability and lower inventories," writes Helena Helmersson.