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Friday, 19.04.2024, 00:14
H&M turnover in Lithuania up 4%
BC, Vilniaus, 16.07.2018.
Print version
Print versionSwedish clothing retailer Hennes & Mauritz (H&M) received 192 mln Swedish kronas (18.5 mln euros) in revenue in the first six months of this year in Lithuania, up 4 % from 185 mln kronas, or 17.8 mln euros, a year ago, informs LETA/BNS.
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| H&M |
In the
second of the financial year alone, the company's turnover in Lithuania
increased 10% to 107 mln kronas (10.3 mln euros), according to the Swedish H&M's report.
In late
May, the Swedish company operated 9 stores in Lithuania.
The groups'
revenue in Latvia, where it has 8 stores, increased 8% to 192 mln kronas (18.5
mln euros), and was up 13% to 209 mln kronas (20.1 mln euros) in Estonia where
it has 11 stores.
H&M's financial year starts in December and ends
in November.
Sweden's H&M owns 100 % of H&M in Lithuania.
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