Share

Hermès, sales record in 2012: +22,6%

The French fashion house also marked a new all-time high as regards the operating margin (+31,2% on the previous year).

Hermès, sales record in 2012: +22,6%

Hermès closed 2012 with a new sales record, which grew by 22,6% to 3,48 billion euros. A leap that positively took analysts by surprise, who limited their estimates to 3,42 billion. The French fashion house, which also recorded a new all-time high in terms of operating margin (+31,2% on the previous year), had revised upwards its 2012 turnover forecasts twice : from 10% to 12% and finally to 13% (at constant rates).

"Taking account of the results" achieved during the year, the details of which will be published on 21 March, the group's management announces that it has "decided to proceed with the payment of an interim dividend of 1,50 euro per share". For the full year 2011 the shareholders had received a coupon of 2 euro per share and an extraordinary dividend of 5 euro per share.

comments