2011-12-31

Hermes third quarter revenue $818.4 million than expected

As dispatches from foreign news agencies report, the French luxury goods manufacturers Hermes Wallets group (Hermes International SCA) released today, the third quarter from the same period last year revenue of 452.1 million euros to 590 million euros ($818.4 million), more than analysts expected 558 million euros, and also raised the annual Hermes Birkinsales expectations.

Bernd consulting company (Bain&co) expected, Hermes Bolide this year’s luxury sales may and record high since 2007. And Paris spring group (PPR), a subsidiary of Gucci (Gucci) the third quarter revenue growth of 27%, the same period of Louis vuitton revenue growth is 26%.

Hermes Bags, said in a statement that the fourth quarter sales if the growth remains strong, the group of 2010 revenue may will increase by 15%, and the August 31,, the group had expected the figure was 12%. Annual operating margin is expected to improve one or two percent.zhengyiqiong/Dec.blog


Hermes third quarter revenue $818.4 million than expected

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