Global News Select

Hermes Positive on 2024 After Sales Growth

By Andrea Figueras

 

Hermes International said that it moves into 2024 with confidence after the Birkin owner posted revenue growth for 2023 in all geographical areas.

The French luxury-handbag maker on Friday posted revenue of 13.43 billion euros ($14.48 billion) for the year as a whole, up 21% at constant exchange rates from the prior-year period. Analysts had anticipated revenue of EUR13.32 billion, according to a Visible Alpha consensus.

 

Write to Andrea Figueras at andrea.figueras@wsj.com

 

(END) Dow Jones Newswires

February 09, 2024 02:34 ET (07:34 GMT)

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