H&M announced unaudited consolidated earnings results for the fourth quarter and full year ended November 30, 2013. For the quarter, the company reported operating profit of SEK 7,260 million against SEK 6,533 million a year ago. Profit after financial items was SEK 7,337 million against SEK 6,636 million a year ago. Profit for the period was SEK 5,608 million against SEK 5,287 million a year ago. Earnings per share were SEK 3.39 against SEK 3.19 a year ago. Net sales were SEK 36,495 million against SEK 32,502 million a year ago.

For the year, the company reported operating profit of SEK 22,168 million against SEK 21,754 million a year ago. Profit after financial items was SEK 22,526 million against SEK 22,285 million a year ago. Profit for the period was SEK 17,152 million against SEK 16,867 million a year ago. Earnings per share were SEK 10.36 against SEK 10.19 a year ago. Net sales were SEK 128,562 million against SEK 120,799 million a year ago. Cash flow from current operations was SEK 23,840 million against SEK 18,900 million a year ago. Investment in fixed assets was SEK 7,087 million against SEK 6,008 million a year ago. The increase is mainly due to the expansion, but also to the long-term investments. Return on equity was 38.5%. Investment in buildings and land was SEK 23 million compared to SEK 63 million a year ago. Investments in other immaterial assets was SEK 179 million compared to SEK 631 million a year ago.

The company provided sales guidance for the month January 2014. For the month, the company expected to increase by 15% in local currencies compared to the same month the previous year.

For the year, the company's tax rate is expected to be 23% to 24% for the financial year 2014.

CapEx for 2014 is estimated to be between SEK 9 billion and SEK 9.5 billion at today's exchange rates.