As long as we see signs of stable growth in the economy, you could have gains in the market. Things are not as bad as some people expect.
Earnings momentum is going to continue to be a key driver. Those companies that are in a good position in the market, that can engineer their own momentum, are going to be in demand.
They're targeting two different markets. H&M is on the younger and sort of cheaper end of the market. Perhaps one of the reasons that they haven't done so well is that this is a much more competitive part of the market.
They've done well to have enough gains from the sale of assets to be able to offset these losses because they were in fact quite a bit bigger than the initial estimates.
We think that their profitability going forward will benefit from this.
We're anticipating margins will go up in the next couple of years.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.