Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Hermès International    RMS   FR0000052292

HERMÈS INTERNATIONAL

(RMS)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Hermes International : Mainland China sales counter Hong Kong protest hit for Birkin-maker Hermes

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/11/2019 | 02:27am EDT
FILE PHOTO: A man walks past a Hermes store in Beijing

PARIS (Reuters) - French luxury handbag maker Hermes said on Wednesday that strong sales growth within mainland China in July and August had helped offset the impact of anti-government protests in Hong Kong on its business within the Greater China region.

The company, known for its $10,000-plus Birkin handbags, had to close stores in Hong Kong, even at the airport, for a number of days over the past two months, dragging on sales there, Financial Director Eric du Halgouet told reporters.

But Hermes' overall performance within Greater China was still in line with strong sales trends in the first two quarters of the year, du Halgouet added, as Hermes reported a rise in net profit and operating income for the first six months of 2019.

"The impact on the Greater China region from Hong Kong ... was offset by the strong activity in mainland China," du Halgouet said.

Hermes said its operating income rose 15% in the first half to 1.14 billion euros ($1.26 billion), while operating margins were just shy of last year's record levels, at 34.8%.

(Reporting by Sarah White and Pascale Denis; Editing by Clarence Fernandez)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on HERMÈS INTERNATIONAL
09/13HERMES INTERNATIONAL : Hermès unveils a new address in Vancouver
PU
09/11HERMES INTERNATIONAL : 1st Half Net Profit, Revenue Rose
DJ
09/11HERMES INTERNATIONAL : Mainland China sales counter Hong Kong protest hit for Bi..
RE
09/11HERMÈS INTERNATIONAL : First half year results
GL
09/02Major fashion companies to make G7 pledge to help environment
RE
08/23Nike, Gap Among Fashion Brands Pledging Improved Sustainability
DJ
08/21HERMES INTERNATIONAL : Hermès unveils its renovated store at Nihombashi Mitsukos..
PU
08/14French jobless rate fell in second quarter to lowest level since end-2008
RE
08/07HERMES INTERNATIONAL : Hermès unveils its first home in Stuttgart
PU
07/25EUROPE : LVMH, InBev lift European shares to one-year highs ahead of ECB meeting
RE
More news
Financials (EUR)
Sales 2019 6 755 M
EBIT 2019 2 279 M
Net income 2019 1 509 M
Finance 2019 4 262 M
Yield 2019 0,79%
P/E ratio 2019 44,6x
P/E ratio 2020 40,6x
EV / Sales2019 9,29x
EV / Sales2020 8,46x
Capitalization 67 025 M
Chart HERMÈS INTERNATIONAL
Duration : Period :
Hermès International Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends HERMÈS INTERNATIONAL
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 18
Average target price 577,27  €
Last Close Price 643,00  €
Spread / Highest target 15,7%
Spread / Average Target -10,2%
Spread / Lowest Target -43,4%
EPS Revisions
Managers
NameTitle
Axel Dumas Co-Executive Chairman-Management Board
Henri-Louis Bauer Co-Executive Chairman-Management Board
Éric de Seynes Chairman-Supervisory Board
Éric du Halgouët Executive Vice President-Finance
Charles-Éric Bauer Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
HERMÈS INTERNATIONAL32.63%74 225
LVMH MOËT HENNESSY VUITTON SE47.95%212 942
COMPAGNIE FINANCIÈRE RICHEMONT27.24%46 114
VF CORPORATION26.65%35 955
LULULEMON ATHLETICA INC.60.50%25 427
SHENZHOU INTL GROUP HOLDINGS LTD26.73%21 637