Swedish retailer Hennes & Mauritz AB or H&M Group (HNNMY.PK, HMRZF.PK, HEN.L) reported Friday that its fourth-quarter result after tax was a loss of 864 million Swedish kronor or 0.53 krona per share, compared to prior year's profit of 4.62 billion kronor or 2.79 kronor per share.
The results were impacted by a one-time cost of 836 million kronor for the cost and efficiency programme.
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