Hermès’ sales and operating income up 21.9%
Strong fragrance sales help push up half year growth
French luxury goods company Hermès has reported strong growth in sales and operating income in the first half of 2012 – a growth of 21.9% – to total €1.59bn. Current operating profitability reached 32.1% of sales.
The fragrance arm of the business is continuing to forge ahead thanks to the success of Terre d’Hermès and the launch of the new fragrance Voyage d’Hermès in the first quarter of the year, representing a growth of 13%.
The company has also expanded recently having created 445 new jobs in the first half of this year pushing the total up to 9,526 employees.
