Hermes Q1 revenue 3.805 bln eur, up 17% same forex
Up reported 13% (Il Sole 24 Ore Radiocor) - Paris, 25 Apr - The French luxury goods group Hermes said that in the first quarter revenue amounted to 3.805 billion euros, up 17% at constant exchange rates and 13% at current exchange rates, with a solid activity in all geographical areas.
Axel Dumas, the executive chairman, said that 'the solid sales growth in the first quarter 2024 reflects the loyalty of our clients worldwide, the strength of the group's artisanal model andthe desirability of our creations in a more complex environment. Herme's pursues its strategy based on exceptional know-how, the finest materials and uncompromising quality.' In the medium-term, despite the economic, geopolitical and monetary uncertainties around the world,the group confirmed "an ambitious goal for revenue growth at constant exchange rates.".
AAA-Web
(RADIOCOR) 25-04-24 08:50:18 (0189) 5 NNNN