Hermes Posts Upbeat Sales, Lifts Operating Margin Forecast
Hermes International SCA (OTC: HESAF) reported better-than-expected full-year sales.
The company also lifted its 2012 operating margin forecast.
Hermes' sales for the period surged 22.6% to EUR3.48 billion ($4.66 billion) versus EUR2.84 billion, compared to analysts' estimates of EUR3.42 billion.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.