H & M Hennes & Mauritz AB 2003 AR2
The report highlights H&M's financial and operational performance for the fiscal year 2002-2003, during which the company expanded into four new European markets: Poland, the Czech Republic, Portugal, and Italy. H&M achieved strong growth, with gross sales increasing by 6 percent to SEK 56.55 billion and net profit rising by 12 percent to SEK 6.39 billion. The company also emphasized its commitment to Corporate Social Responsibility (CSR), detailing its Code of Conduct inspections, a global agreement with Union Network International (UNI), and various environmental initiatives to reduce resource consumption and chemical use.
Company: H & M Hennes & Mauritz AB
Sector: Consumer Discretionary
Country: Sweden
Year: 2003
Type: AR2
Pages: 52
H & M Hennes & Mauritz AB
Annual Report
The report highlights H&M's financial and operational performance for the fiscal year 2002-2003, during which the company expanded into four new European markets: Poland, the Czech Republic, Portugal, and Italy. H&M achieved strong growth, with gross sales increasing by 6 percent to SEK 56.55 billion and net profit rising by 12 percent to SEK 6.39 billion. The company also emphasized its commitment to Corporate Social Responsibility (CSR), detailing its Code of Conduct inspections, a global agreement with Union Network International (UNI), and various environmental initiatives to reduce resource consumption and chemical use.
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Document Details
Report Year
2003
Reporting Period
Dec 1, 2002 - Nov 30, 2003
Fiscal Year
2003
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees