Hermes Reports Consolidated Sales Results for the Fourth Quarter and Year Ended December 2017; Provides Earnings Guidance for the Year 2017
For the year, total revenues were EUR 5,549.2 million against EUR 5,202.2 million a year ago.
For 2017, due to the success of the collections in the second half of the year, to the very high level of productivity at the production sites and to the positive impact of foreign exchange hedges from 2016, operating profitability should be close to the level recorded over the first half of 2017.