H & M shares jump by 10 % on the third quarter sales with the level of Turnaround

shares H & M. He jumped on Thursday after the retail stores on High Street published better results than expected in the third financial quarter, and a strategy that turned her signs of obtaining a pace.

The shares increased by 10 % by 8:48 am London time (3:20 am Each time).

Operating profits in fashion retail stores increased by 40 % year on an annual basis to 4.9 billion Swedish croics ($ 522 million), before expectations of 3.7 billion Swedish chips by analysts in the LSEG survey.

Net sales during this period, and at the same time, Swedish 57 billion kruna in the three months until August, compared to 56.8 billion expected.

This is a developing story. Please check again for updates.