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HMRZF - Hennes & Mauritz: Revenues Are Accelerating Now Economies Are Open Again
August, 10 2021 04:30 AM
Hennes & Mauritz B Free Shs
H&M had a tough time during COVID as it spends billions (SEK) per year on lease expenses. Q1 is traditionally the weakest, Q4 is the strongest, so H2 should be even better than the already FCF positive H1. This doesn't mean H&M is cheap, but depending on the guidance for FY 2022, I would be interested in initiating a long position. For further details see:
Hennes & Mauritz: Revenues Are Accelerating Now, Economies Are Open Again
Stock Information
Company Name:
Hennes & Mauritz B Free Shs
Stock Symbol:
HMRZF
Market:
OTC
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