Hermes posted strong organic growth in Q1. Sales were up 11.2% at CER (+13.5% reported) to €1,352m. The favourable market momentum was experienced in all regions and for almost all product lines. Sales in Asia (excluding Japan) edged up 16.1% to €507.7m, boosted by an improving momentum in China. Japan grew by a modest 1.7% to €178.9m. In America, revenue climbed by 14% to €240.3m. Sales in Europe (ex France) increased by 9.2% to €229.1m. Growth in the home market was
27 Apr 2017
Brilliant growth in Q1
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Brilliant growth in Q1
Hermes International SCA (RMS:WBO) | 0 0 0.4% | Mkt Cap: 46,957m
- Published:
27 Apr 2017 -
Author:
Rim BEN SALAH -
Pages:
2
Hermes posted strong organic growth in Q1. Sales were up 11.2% at CER (+13.5% reported) to €1,352m. The favourable market momentum was experienced in all regions and for almost all product lines. Sales in Asia (excluding Japan) edged up 16.1% to €507.7m, boosted by an improving momentum in China. Japan grew by a modest 1.7% to €178.9m. In America, revenue climbed by 14% to €240.3m. Sales in Europe (ex France) increased by 9.2% to €229.1m. Growth in the home market was