H&M FY2025 annual and sustainability report published; operating margin rises to 8.1%

  • H&M Group released its annual and sustainability report covering the period from Dec. 1, 2024 to Nov. 30, 2025.
  • Net sales were SEK 228.3 billion, and operating profit was SEK 18.4 billion.
  • Operating margin was 8.1%, and cash flow from operating activities was SEK 31.1 billion.
  • Scope 1 and 2 greenhouse gas emissions were down 41% versus a 2019 baseline, and Scope 3 emissions were down 34.6% versus the same baseline.
  • The share of recycled or sustainably sourced materials in commercial products was 91%, including 32% recycled materials.


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