By  on August 30, 2013

PARIS — Net profits at Hermès International jumped 13.9 percent in the first half to reach 381.7 million euros, or $501.2 million.

The company credited a positive impact from its currency hedging for a one point improvement in its operating margin, which reached 33.1 percent of sales.

Operating profits in the six months to June 30 improved 14.3 percent to total 584.1 million euros, or $767 million.


To continue reading this article...

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus