Hermès International: Situation of the liquidity contract as of December 31, 2023
January 12, 2024 at 12:01 pm EST
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Paris, 12 January 2024
HALF YEARLY SITUATION OF THE LIQUIDITY CONTRACT
In connection with the liquidity contract signed between Hermès International and BNP Paribas, outstanding means as of the trading date of December 31, 2023, amounted to:
. 2,420 shares Hermès International
. €18,783,390
During the 2nd half of the year, total trades were:
As of July 1, 2021, first time application of the AMF 2021-01 decision dated June 22, 2021, the outstanding means on the liquidity account amounted to:
. 496 shares Hermès International
. €18,278,671
As of December 31, 2018, first time application of the AMF 2018-01 decision dated July 2, 2018, the outstanding means on the liquidity account amounted to:
Hermès International specializes in the design, manufacturing, and marketing of luxury products. Net sales break down by family of products as follows:
- leather and saddlery goods (41.3%): purses, luggage, small leather goods, planners, writing items, saddles, bridles, riding objects and clothing, etc.;
- clothes, shoes, and accessories (28.9%);
- silk and textile products (6.9%);
- clock and watchmaking articles (4.6%);
- perfumes and beauty products (3.7%);
- other (14.6%): mainly jewelry and home decoration products.
At the end of 2023, the group had a network of 294 stores worldwide.
Net sales are distributed geographically as follows: France (9.5%), Europe (13.6%), Japan (9.4%), Asia/Pacific (46.7%), Americas (18.6%) and other (2.2%).