Hermes Says 2012 Profitability at Record as Sales Rise 23%

Hermes Says 2012 Profitability at Record as Sales Rise 23%

Sanjit Das/Bloomberg

Hermes, which in November raised its forecast for 2012 organic revenue growth to more than 13 percent, has met or exceeded its own annual sales target each year since at least 2007 as demand for products like its Birkin soars.