On February 14, before the market opened, the French luxury group Hermès announced its financial results for the fiscal year 2024, ending December 31, 2024. Annual revenue increased by 13% year-over-year to €15.2 billion, representing a 15% growth at constant exchange rates. Fourth-quarter revenue grew by 18% year-over-year to €4 billion, also reflecting an 18% increase at constant exchange rates. All regions maintained solid growth, with the Americas market showing particularly strong performance.
In terms of profitability, recurring operating income for 2024 reached €6.2 billion, wi …
