hermes intl-unsponsored adr (HESAY) Key Developments
Hermès International Announces Interim Dividend Payable March 05, 2015
Feb 12 15
The Executive Management of Hermès International Société en commandite par actions decided on February 11, 2015 to pay an interim dividend of 1.50 per share. The ex-coupon date is set for March 03, 2015 and the payment date for March 05, 2015.
Hermès International Société en commandite par actions to Report Fiscal Year 2014 Sales/Trading Statement Results on Feb 12, 2015
Dec 19 14
Hermès International Société en commandite par actions announced that they will report fiscal year 2014 sales/trading statement results Pre-Market on Feb 12, 2015
Hermès International Reports Consolidated Sales Results for the Third Quarter and Nine Months Ended September 2014; Provides Earnings Guidance for Full Year of 2014
Nov 6 14
Hermès International reported consolidated sales results for the third quarter and nine months ended September 2014. The group`s consolidated revenue for nine months totalled EUR 2,897.4 million, a 12% rise at constant exchange rates.
For the third quarter, the company reported total sales if EUR 990.6 million against EUR 895.5 million a year ago.
For the full year 2014, the group is retaining its mid-term objective of revenue growth at constant rates of around 10%. Operating margin could be slightly less than the all-time high achieved in 2013 (32.4%) due to the negative impact of currencies.
Hermes Reports Consolidated Earnings Results for the First Half of 2014; Provides Earnings Guidance for the Year 2014
Aug 29 14
Hermes reported consolidated earnings results for the first half of 2014. For the period, the company reported revenue totaled EUR 1,907 million, a 8% rise (+12% at constant exchange rates). Operating income amounted to EUR 621 million (32.6% of sales) and net income rose by 8%, same as sales. Cash flow amounted to EUR 499 million, up 5%. This rise is lower than the rise in net income due to the impact of the fair valuation of hedging instruments.
For the year 2014, the company expects the group is retaining its mid-term objective of revenue growth at constant rates of around 10%. Operating margin should be lower than the all-time high achieved in 2013 (32.4%) due to the negative currency impact.
Hermès Names Nadège Vanhee-Cybulski as New Artistic Director of Womenswear
Jul 25 14
Hermès has appointed Nadège Vanhee-Cybulski as its new artistic director of womenswear. Vanhee-Cybulski was most recently women's design director at The Row, the label launched by Ashley Olsen and Mary-Kate Olsen in 2006, and has previously held positions at CÃ©line and Maison Martin Margiela. She replaces Christophe Lemaire, who is leaving HermÃ¨s after four years to focus on his eponymous label.