Hermes (HESAF), a French luxury-goods company known for Birkin handbags, fell 10.5% in Wednesday's European trading after reporting second-quarter growth broadly in line with expectations and no fundamental recovery in China. The shares reached 1,517 and were heading toward their steepest daily dec…
Revenue grew 6% at constant rates to €8.2 billion, with operating margin at 41.0%. Strong performance in Leather Goods and Saddlery offset declines in Perfume and Beauty. The outlook remains confident, with continued investments and global expansion planned.Original document: Hermes International S…
Revenue grew 6% at constant exchange rates to €8.2 billion, with strong gains in the Americas, Japan, and Europe ex-France. Recurring operating margin remained high at 41%, and adjusted free cash flow rose 18%. Currency headwinds impacted results, but outlook remains confident.Original document: He…
Revenue grew 6% at constant exchange rates to €8.2B, with strong performances in the Americas, Japan, and Europe (excl. France). Recurring operating income reached €3.4B (41% margin), and net income was stable at €2.2B. Adjusted free cash flow rose 18% to €2.2B.Original document: Hermes Internation…
