Carole Dupont-Pietri
Head of Investor Relations
Replay available
Hermès International Société (OTC: HESAY) Q1 2025 earnings conference call, held 2025-04-17. Replay captured from the company's public earnings webcast.

Head of Investor Relations
Executive VP Finance
Analyst, BNP Paribas
Analyst, Bank of America
Watch the replay and follow the connected company analysis, news, and investor updates for Hermes International Sca.
WEBVTT 00:00:00.031 -- 00:00:04.940 the Q1 publication results for Hermès International. 00:00:04.940 -- 00:00:07.244 I'm now going to hand over the floor to Mr. 00:00:07.244 -- 00:00:10.089 Eric Duelguit, Executive VP Finance, and Ms. 00:00:10.089 -- 00:00:14.073 Carole Dupont-Pietri, Head of Investor 00:00:14.157 -- 00:00:17.058 Relations. Over to you. 00:00:17.643 -- 00:00:21.631 Good morning, everybody. Thank you very much for joining us. 00:00:21.631 -- 00:00:26.780 The group's consolidated revenue reached 4.1 billion euros 00:00:26.780 -- 00:00:32.270 in the first quarter 2025, up 9% at current exchange rates 00:00:32.270 -- 00:00:37.419 and 7% at constant exchange rates. The group recorded solid 00:00:37.419 -- 00:00:43.646 growth in Q1, despite a high comparative basis last year. 00:00:44.547 -- 00:00:49.815 At the end of March 2025, currency fluctuations represented a positive impact 00:00:49.815 -- 00:00:55.463 of 49 million on revenue. At the end of March 2025, all the geographical 00:00:55.463 -- 00:01:01.091 areas posted growth. More on that later. The group reinforced its investments 00:01:01.091 -- 00:01:06.139 this quarter in its production capacity with three additional lever workshops 00:01:06.139 -- 00:01:11.266 for the next three years, as well as in the other divisions, the distribution network 00:01:11.266 -- 00:01:13.867 and the supply chain. 00:01:13.893 -- 00:01:18.940 True to its commitment as a responsible employer and its desire to share the fruits of 00:01:18.940 -- 00:01:23.988 growth with all those who contribute to it daily, Hermès will be distributing 00:01:23.988 -- 00:01:29.156 in 2025 more than 500 million euros to its employees 00:01:29.156 -- 00:01:32.961 in respect of profit sharing for 2024. 00:01:32.961 -- 00:01:38.690 The gro...