Herm S Last Year's Net Profit Growth Of 6.8% Is In Line With Market Expectations.
Herm s International SCA Hermes International Group achieved a record operating profit margin of 32.4% in fiscal year 2013, up 30 basis points compared with the same period last year, operating profit increased 8.9% to 1 billion 218 million euro from 1 billion 119 million euros in 2012 fiscal year, which is in line with market expectations.
Net sales reached 3 billion 755 million euros, an increase of 7.8% over the previous year, an increase of 13% based on fixed exchange rates, and 13% of self shop sales.
It is rare that Europe and Asia continue to be the leading regions of Herm s International SCA (HRMS.PA) Hermes international, with the two markets growing by 12% and 16% respectively. The Americas also recorded a strong growth of 14%, with an increase of 7% in the Japanese market.
Wrist Watch Sales were dragged down by the Chinese market by only 1%. Leather goods and harness were limited by the shortage of supply. Therefore, the group decided to build two workshops on the basis of site selection in the Franche-Comte area in 2012, which has added two workshops.
Annual Net profit Up 6.8% to 790 million euros. The group recommended an annual dividend of 2.7 euros, an increase of 8% over the previous year's 2.5 euros.
Herm s International SCA (HRMS.PA) shares closed 237.5 euros on Wednesday, up 1.2%. Thursday opened a narrow concussion, dropping slightly from 0.38% to 236.6 euros. The stock has fallen 9.9% so far this year, with a market value of 25 billion 100 million euros.
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After more than 170 years of vicissitudes, the Hermes family has made a lot of famous brands through the joint efforts of several generations. As early as twentieth Century, Hermes has become a typical representative of French luxury consumer goods. In 1920s, Amir, the founder of Tieli s, once evaluated Hermes brand: "leather products create a very traditional movement and elegance."
At first, Hermes was just a specially decorated barn shop specially built for horse drawn carriages in Paris, which can be seen from the Logo of Hermes. With the emergence and development of vehicles such as automobiles, Hermes began to switch production and sportswear. Hermes brand all products choose the best high-grade materials, pay attention to process decoration, detail is exquisite, with its excellent quality has won a good reputation.
The six generation of outstanding and enterprising Hermes has developed the territory and conquered the new market. For a long time, Hermes has been loyal to the basic values set by his founders. Under his leadership, Hermes has started the century pursuit of innovation and progress. They respect the past and are also obsessed with the future. Passion for delicate material and simple expression, the devotion of handed down to handicraft and the constant vitality of novelty are passed down from Hermes to the next generation.
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