The sales momentum remains favourable for Hermes, posting a solid performance amid lucklustre demand. H1 16 sales were up 6.1% (7.2% at constant rates) to reach €2,440m. In Q2, revenue increased by 6.2% to reach €1,250m. The performance was underpinned by Leather goods and saddlery products which surged by 15.3% to generate €1,231m in the first six months. Perfumes posted 3.5% growth to €124.6m. All other activities’ sales have slightly retreated led by ready to wear
21 Jul 2016
The strong resilience continues in Q2
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The strong resilience continues in Q2
Hermes International SCA (RMS:WBO) | 0 0 0.4% | Mkt Cap: 46,957m
- Published:
21 Jul 2016 -
Author:
Rim BEN SALAH -
Pages:
2
The sales momentum remains favourable for Hermes, posting a solid performance amid lucklustre demand. H1 16 sales were up 6.1% (7.2% at constant rates) to reach €2,440m. In Q2, revenue increased by 6.2% to reach €1,250m. The performance was underpinned by Leather goods and saddlery products which surged by 15.3% to generate €1,231m in the first six months. Perfumes posted 3.5% growth to €124.6m. All other activities’ sales have slightly retreated led by ready to wear