
Sweden's H&M reported on Friday a bigger profit rise than expected for the September-November period on the back of well-received collections and cost control.
Pretax profit at the world's second-biggest fashion retailer grew to 6.00 billion crowns ($640.1 million) from a year-earlier 3.67 billion in the period, its fiscal fourth quarter. Analysts polled by Refinitiv had on average forecast a 5.43 billion crown profit.