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Confident Hermes raises dividend

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Confident Hermes raises dividend

E
euronews (in English)

5 Views • Mar 22, 2012

Description

Hermes' confidence in the global luxury goods market was in evidence as it upped its dividend to shareholders by 33 percent.

That reflects an increase in its operating income by a third to 885 million euros last year.

The family-owned French group cited a rise in tourist spending in Europe and buoyant demand in Asia and the Americas.

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http://www.euronews.net/