Hermes International SCA Raises FY 2012 Sales Guidance

Hermes International SCA announced that, given the sales achieved in the first half of the year, the target for full year 2012 annual growth in consolidated sales at constant exchange rates could be around 12 %. The full year 2012 current operating margin, expressed as a percentage of sales, should be somewhere between the 2010 figure and the level reached in 2011. The Company reported full year 2011 sales of EUR 2,841.2 million. According to I/B/E/S Estimates, analysts on average are expecting the Company to report full year 2012 sales of EUR 3,326.7 million.