Trading Ideas

Posts tagged “Axel Dumas

HERMÈS INCREASES SALES

102Hermès eleva sus ventas un 18.docx

Hermes International SCA (EPA:RMS) recorded a turnover of 3.443 million euros in the first nine months of 2015.

The French firm of luxury fashion and accessories highlighted sales improvement in all regions. The most notable increases were in their divisions of Asia and Europe, where they totaled 1,648 and 1,131 million euros respectively, representing an increase of 23% in the Asian region and 10.8% in Europe compared with the previous period.

Meanwhile, the turnover of the company amounted to 1.143 million euros in the third quarter of 2015, up 15.4% compared with the 991 million euros earned in the previous year. In particular, the turnover increased by 15.1% in Asia and 15.8% in Europe, to 526 and 396 million euros respectively.

On the other hand, the French company emphasizes that in late September currency exchanges were very favorable for the company, which has represented a positive impact of 298 million euros in revenues.

102Hermès_CEO