|Bid||1,048.50 x 7000|
|Ask||1,049.00 x 7000|
|Day's Range||1,040.50 - 1,055.50|
|52 Week Range||1,005.00 - 1,671.50|
|Beta (5Y Monthly)||0.45|
|PE Ratio (TTM)||44.66|
|Forward Dividend & Yield||8.00 (0.73%)|
|Ex-Dividend Date||Apr 25, 2022|
|1y Target Est||N/A|
PARIS (Reuters) -Sales at Birkin bag maker Hermes beat estimates in the first quarter, lifted by strong appetite for its luxury accessories, particularly in the United States and Europe, as the sector powers through turbulence from the war in Ukraine and COVID lockdowns in China. Hermes, which also sells silk scarves and porcelain tableware, had a strong start of the year in China until the beginning of March, when restrictions aimed at stemming the spread of the coronavirus prompted some store closures, including three in Shanghai, Executive Vice President for Finance Eric du Halgouet told journalists in a call. “We are confident and hope that these stores in Shanghai will reopen quickly – in any case the fundamentals are excellent in China," he said.
This month’s five most viewed homes on property site Rightmove are filled with history and character.
The lobby group representing German businesses with interests in eastern Europe has defended the business activities of member companies in sanctioned Russia. There are a number of sectors "in which further economic activity is not only lawful but also legitimate", said committee chairman Oliver Hermes on Tuesday. "Russia, like Ukraine, supplies the world market with much-needed agricultural products such as grain," Hermes said.