By  on February 12, 2013

PARIS — Hermès International said Tuesday it expected to post a record operating margin in 2012 after comfortably beating its target for annual sales growth, thanks to a surge in revenues in the fourth quarter.

The maker of Birkin bags and silk scarves said sales totaled 1.04 billion euros, or $1.35 billion, in the fourth quarter, up 22.5 percent versus 2011. This represented a rise of 18.5 percent at constant exchange rates.

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