H & M: Q1 13 results in line; March should be difficult

SELL, Fair Value SEK230 (+2%)

News published on March Thursday 21, 2013
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H&M published Q1 13 EBIT that was in line with consensus. Management increased store growth guidance for 2013, but warned March would be a difficult month due to the cold weather. A conference call is scheduled at 2pm CET.

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