Hermes' consolidated revenues were up by 17.5% to €4,841m. This exceptional performance was boosted by the significant positive forex impact as organic growth was limited to 8.1%. Q4 sales overcame the turmoil reported in Europe and posted solid growth of 15% (7.2% on a lfl basis). The impressive performance was sustained by growth in all regions, led by Asia increasing by 21.4% (8.5% on lfl), in which Asia Pacific surprisingly grew by 20.6%. American sales improved by 24.3% while the Eu

10 Feb 2016
The Chinese machine still running, but no longer for 2016

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The Chinese machine still running, but no longer for 2016
Hermes International SCA (RMS:WBO) | 0 0 0.4% | Mkt Cap: 46,957m
- Published:
10 Feb 2016 -
Author:
Rim BEN SALAH -
Pages:
2 -
Hermes' consolidated revenues were up by 17.5% to €4,841m. This exceptional performance was boosted by the significant positive forex impact as organic growth was limited to 8.1%. Q4 sales overcame the turmoil reported in Europe and posted solid growth of 15% (7.2% on a lfl basis). The impressive performance was sustained by growth in all regions, led by Asia increasing by 21.4% (8.5% on lfl), in which Asia Pacific surprisingly grew by 20.6%. American sales improved by 24.3% while the Eu