Hermes International SCA (HRMS.PA)
11 Jul 2014
|Market Cap (Mil.):||€27,997.01|
|Shares Outstanding (Mil.):||105.57|
PARIS, June 3 - French luxury goods maker Hermes voiced its frustration at having arch-rival LVMH as its biggest external shareholder at its annual general meeting on Tuesday and once more called on the group to sell its stake.
PARIS - French luxury goods maker Hermes posted a forecast-beating 14.7 percent rise in like-for-like first-quarter sales on Tuesday, driven by strong demand for its fashion and leather goods.
* Boosted by demand in Japan ahead of price rises, VAT hike
PARIS - French luxury goods maker Hermes saw good demand over the Chinese New Year, it said on Thursday, underscoring its resilience to a crackdown on illicit gift-giving in the industry's biggest market that has hit some rivals hard.
* Dividend raised to 2.70 euros/share from 2.5 euros (Adds outlook, CEO's comments, share price)
PARIS, March 20 - French luxury goods maker Hermes hiked its dividend on Thursday after operating profit rose 8.9 percent in 2013 and operating margin reached a new all-time high.
PARIS, March 19 - French luxury group LVMH is trying to push out smaller rivals from plush Place Vendome in Paris after buying one of its highest-profile buildings, illustrating the intensifying battle for Europe's prime retail locations.
PARIS - Hermes' understated style is helping it weather a crackdown on corruption in China that has dented the sales of many rival luxury goods makers, the French company said on Thursday.
* To pay interim dividend of 1.5 euros/share on Feb. 28 (Recasts, adds detail, analyst comment)
PARIS - French luxury goods maker Hermes on Thursday posted a 4.6 percent rise in fourth-quarter sales, helped by solid demand for its leather handbags, silks and ready-to-wear, across regions although yen weakness weighed on growth.
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Hermes International SCA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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