- In the Q1 2021 Financial Statements, H&M's management claimed the Group's financial position remains strong and the Board believes there are "good prospects" of a cash dividend in autumn 2021.
- Net sales and cash flow will continue to be adversely impacted in 2021 due to the Xinjiang cotton controversy, store closures, and other COVID-related impacts.
- It is unlikely that H&M will materialize their positive outlook on cash dividends in autumn 2021, resulting in another year of disappointment for investors.
For further details see:
Hennes & Mauritz's Staggered Earnings May Impact Their Cash Dividend Outlook