Hermès: 7.5% sales growth in 2018 to €6 billion
The Group’s consolidated revenue reached €5,966 million, up +10% at constant exchange rates. After accounting for the negative currency impact, growth was +7.5% at current exchange rates. This growth is particularly healthy, being based mainly on volume. Growth in the fourth quarter was very robust (+10% at constant exchange rates) in all the geographical areas. The Watches business line (+10%) recorded good sales performance in group’s stores, that reflects the creativity of the collections. The presentation of the Hermès’ new women’s watch Galop d’Hermès and the Arceau L’heure de la lune watch at the International Salon of Haute Horlogerie (SIHH) in Geneva last January was very well received.