Hermes Reaches A 27.1% Ebit Margin

With its growing store network representing 66.5 percent of its consolidated sales of €1.23 billion in the past year, Hermès International, parent company of John Lobb, raised its operating margin to 27.1 percent in 2003, up from 25.8 percent in the previous year, continuing a steady improvement from the 1999 ...

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