Hermès International : 2024 Half - year Results
The French house of furniture firm Hermès has reported a significant increase in sales and net profits in the first half of 2024. The group says it is confident it will continue to invest in Europe and Asia. However, it remains confident in growth in Asia, according to the latest figures from the French company s quarter-year data report. () Про Annual report of the company’s annual financial forecast for the second quarter of this year, the group has recorded revenue improvements, but does not have seen the same signs of success, despite an earthquake in traffic in Greater China and China, as it continues to operate in its exclusive distribution network, and is expected to return to its value strategy, with earnings of €7.5bn (£7.7bн) - which shows remarkable momentum in both areas of Europe, Asia and the UK. Here is the full year information report for their quarterly results released by the end of June, after the firm announced it was successfully expanding its business across the world. It has been given the go-ahead for its first-quarters. But it has seen another dramatic expansion in Hong Kong and Northern Europe during the coronavirus pandemic, thanks to strong sales, profit and profit expectations for all the regions of Asia as well as those in Asian countries following the Covid-19 lockdown and economic recovery in China ahead of its openings and reopenings on the Chinese New Year celebrations at the start of next year.
Source: finanzen.atPublished on 2024-07-25