Hermes International : Hermès ends 2019 in great shape, will the coronavirus impact remain modest in 2020?
>As expected, business trends remained very favourable in Q4 and the full-year figures are in line - 2019 was an excellent year for the group: it finished it in great shape with revenue growth in Q4 still above the +10% mark in organic terms (+10.7%, i.e. full-year growth of over 12%) and with positive trends in all geographic areas: France, and to a lesser extent Europe, confirmed solid demand at the year’s end (at respectively +13.5% and +5.5% in Q4, i.e. annual gro...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.
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.
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