The luxury group Hermès will withstand the health crisis in 2020 thanks to the strong recovery in Asia during the second semester, which compensates weak results in other regions, especially in Europe
Sales in the third quarter (+7% at constant exchange rates and +4% at current exchange rates) are driven by strong activity in the group's stores (+12% at constant exchange rates), the momentum in Asia and a significant improvement in all other geographical areas
At the end of June, revenue for the semester was down by 24% at current exchange rates. In the second quarter revenue was down by 41%, as Hermès took the hit of the COVID-19 pandemic
For the third quarter of the current fiscal year Hermès' consolidated revenue totalled 5 012 million euros, up by 16% at current rates. Leather Goods and Saddlery up by 12%
The Paris-based luxury group confirmed its strong sales momentum over the first half of 2019 reporting 12% growth at constant exchange rates and 15 % at current exchange rates
The French-based luxury house is strengthening its territorial presence in the country with the inauguration of a seventeenth leather goods workshop in Fitilieu (Isère)
In the first quarter of 2019, the group's consolidated revenue amounted to 1 610 million US dollars, up by 16% at current exchange rates and by 12% at constant exchange rates, thanks to dynamic sales growth in group stores (+13% at constant exchange rates)
The French-based luxury group announced consolidated revenue for the first half of 2018 amounting to 2.853 billion, up by 11% at constant exchange rates and by 5% at current exchange rates. Sales growth was solid and particularly sound in the group's stores (+11% at constant exchange rates)
The French-based luxury group announced a 9% increase in sales (at constant exchange rates) in 2017, with well-balanced contributions across the business lines and all geographical areas
The French-based luxury group announced strong sales growth in the first quarter (+14%), as a result of a strong momentum registered across all geographic areas
The group announced consolidated revenue for 2016 of 5.202 million euros, up by 7.5% (current exchange rates). Net profit increased by 13%, totaling 1.100 million euros