Hermes: net income more than triples in H1

(CercleFinance.com) - Hermès International has reported H1 2021 net income, group share, of 1.
17 billion euros, against 335 million euros in H1 2020, with underlying operating profitability of 41% compared with 22% at the end of June 2020.

Revenue rose by 70% to 4.23 billion euros, with growth of 77% at constant exchange rates driven by very strong sales momentum in Q2 (+127%), in line with Q1.

Over the medium term, despite the economic, geopolitical and monetary uncertainties worldwide, the Parisian luxury goods group confirms an ambitious sales growth target at constant exchange rates.


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