Hermès H1 FY26 net profit slips 0.4% to €2.24 billion; revenue rises 6.1% to €8.16 billion at constant exchange rates

Reuters2026/07/29 06:01

By:Reuters

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Hermès posted H1 2026 revenue of €8.16 billion, up 1.6% from a year earlier, hit by a negative currency impact of more than €360 million.
Recurring operating income rose to €3.35 billion; recurring operating margin narrowed 0.4 percentage point to 41.0% of sales.
Net profit attributable to shareholders edged down to €2.24 billion; basic EPS slipped to €21.36.
Adjusted free cash flow climbed 18% to €2.18 billion; cash flow from operating activities fell 1.4% to €2.69 billion.
Axel Dumas said the group “delivered a solid performance” in the half; it maintained its medium-term goal for revenue growth at constant exchange rates.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hermès International SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607290200OMX_____CNEWS_EN_GNW1001254870_en) on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Hermès H1 FY26 net profit slips 0.4% to €2.24 billion; revenue rises 6.1% to €8.16 billion at constant exchange rates

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