1349 GMT - H&M once again showed strong profitability in the fourth quarter and exceeded consensus by a good margin, but the start of the new year is somewhat soft, SEB analysts write. "This may lead to lower forecasts for Q1 2026, although we believe that the conditions are in place for a strong 2026, which should lead to gradual upward revisions to market expectations." The dividend is being raised and new buybacks are likely, it adds. SEB says H&M shares have held up well in recent quarters, probably limiting the price increase on Thursday. Shares fall 0.5%. (dominic.chopping@wsj.com)
(END) Dow Jones Newswires
January 29, 2026 08:50 ET (13:50 GMT)
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