Hermes International 3Q Sales Rose on Growth in All Sectors

By Marc Bisbal Arias Features Dow Jones Newswires

Hermes International SCA (RMS.FR) said Wednesday that its third-quarter sales rose, helped by growth in all of the company's sectors and geographical areas except Japan.

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Total sales grew to 1.34 billion euros ($1.55 billion) in the quarter compared with EUR1.26 billion a year earlier.

Regional sales in both France and the rest of Europe recorded double-digit growth, the company said, while revenue rose 6.9% in the Asia-Pacific region.

All of the company's sectors grew during the period, Hermes said, noting in particular the performance of its ready-to-wear and fashion accessories segment, as well as double-digit growth in silk and textiles, and also in perfumes.

The French company confirmed its medium-term revenue growth guidance at constant exchange rates.

Write to Marc Bisbal Arias at marc.bisbalarias@dowjones.com

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(END) Dow Jones Newswires

November 08, 2017 02:59 ET (07:59 GMT)