Hermès International Société en commandite par actions Full Year 2024 Earnings: Beats Expectations
Hermès International Société en commandite par actions (EPA:RMS) Full Year 2024 Results
Key Financial Results
- Revenue: €15.2b (up 13% from FY 2023).
- Net income: €4.60b (up 6.8% from FY 2023).
- Profit margin: 30% (down from 32% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: €43.93 (up from €41.20 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Hermès International Société en commandite par actions Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 3.1%.
Looking ahead, revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Luxury industry in Europe.
Performance of the market in France.
The company's shares are down 3.5% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Hermès International Société en commandite par actions' balance sheet.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About ENXTPA:RMS
Hermès International Société en commandite par actions
Engages in the production, wholesale, and retail of various goods.
Flawless balance sheet with proven track record.
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