Report
Jean Danjou

Hermes International : Analysts’ day: conservative stance maintained on margins, but the overall outlook is still favourable

>A meeting to better explain Hermès’s fundamentals and their unique nature - The analysts’ meeting held yesterday was divided between, on the one hand, presentations by management concerning Hermès’ overall model, the leather business and the group’s initiatives in terms of sustainable development – its rankings on this front look very favourable - and, on the other, a visit to the Pantin leather workshops. Looking beyond the visible creative success of its product r...
Underlying
Hermes International SCA

Hermes International is engaged in the manufacture, sale, and distribution of luxury goods primarily in France, rest of Europe, Japan, Asia-Pacific, and Americas. Co.'s activities can be divided into two segments: the distribution via Co.'s exclusive network and the distribution via specialist outlets. The distribution via Co.'s exclusive network comprises silks and textiles, leather goods and saddlery, ready-to-wear and fashion accessories (men and women's clothing, belts, jewellery accessories, gloves, hats and shoes), and other goods (jewellery and products of the art of living department). The distribution via specialist outlets comprise perfumes, tableware and watches.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Jean Danjou

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