The quarterly revenue of luxury goods manufacturer Hermés increased by 17 percent
In the first quarter of this year, the revenue of the French luxury goods manufacturer Hermés increased more than expected by analysts in a year-on-year comparison.
According to the data posted on the company’s website, revenue rose by 17 percent to 3.805 billion euros in the first quarter of this year, surpassing the average of 13 percent expected by analysts.
From the point of view of the company, its revenue increased in all important regions and countries in the first quarter. The most significant increase in revenue was in Europe, 13.9 percent, to 757 million euros. Within this, Hermés posted a 14.3 percent increase in France, to 312 million euros.
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