Hermes reported that its 2023 net profit - Group share increased to 4.3 billion euros from 3.4 billion euros, prior year. Earnings per share was 41.12 euros compared to 32.09 euros. Recurring operating income increased to 5.65 billion euros from 4.70 billion euros. Revenue increased to 13.43 billion euros from 11.60 billion euros.
At the General meeting to be held on 30 April 2024, a dividend proposal of 15.00 euros per share will be made. The 3.50 euros interim dividend that will be paid on 15 February 2024, will be deducted from the dividend approved by the General Meeting. Also, an exceptional dividend of 10.00 euros per share will be proposed to the General meeting.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.