Pre-tax profits shoot up 437pc to almost €4m at Irish arm of H&M

H&M has expanded its footprint in Ireland. Photo: Getty

Pre-tax profits at the Irish arm of clothing retail giant H&M last year increased fivefold to €3.87m, as its bricks and mortar stores delivered a “solid performance”.

New accounts show pre-tax profits increased by 437pc at the Swedish-owned H&M Hennes & Mauritz (Ireland) Ltd as revenues declined by 1pc from €113.2m to €111.99m in the 12 months to the end of November 30, 2024.

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