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Hermès: net profit up 38% in 2022 to 3.4 billion euros

2023-02-17T07:29:44.241Z


Unlike its competitors, the luxury group was not affected at the end of the year by sales declines in China.


The luxury group Hermès announced new records on Friday with an increase in its net profit of 38% to 3.4 billion euros and its sales to 11.6 billion euros (+ 29.2%) and, unlike its competitors, was not affected at the end of the year by sales declines in China.

"

The group approaches the year 2023 with confidence, on the strength of its unique and particularly solid business model

", declared during a conference call with journalists the manager Axel Dumas, who underlines a year 2022 "

very strong despite all uncertainties (...) thanks to desirability in all countries

”.

Source: lefigaro

All business articles on 2023-02-17

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