H & M: In-line FY20 results but H&M is now facing a very tough environment due to lockdowns | BUY | SEK195(+5%)
H & M - BUY | SEK195(+5%)In-line FY20 results but H&M is now facing a very tough environment due to lockdowns
Q4 & FY20 results are fairly in line with expectations
Ongoing stores closures are impacting inventory levels
Very challenging current trading due to store closures and curfews
Self-help catalysts to partly offset these negative market conditions
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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