HERMÈS - 2019 Universal Registration Document

CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

SEGMENT INFORMATION

NOTE 4

The information below is shown after consolidation adjustments and eliminations (see Note 1.15).

Statement of profit or loss by geographical area 4.1

2019

Europe (excl. France)

Asia-Pacific (excluding Japan)

France

Japan

Americas 1,240.7

Other

Holding

Total

In millions of euros

Revenue

867.3 1,201.9 864.0 312.7 343.6 318.5

2,589.6 1,079.9

120.0

-

6,883.4 2338.9

Recurring operating income

427.6

33.8 (177.3)

Recurring operating profitability by segment Other non-recurring income and expenses

36.1% 28.6% 36.9%

41.7%

34.5% 28.1%

34.0%

-

-

-

-

-

-

-

-

Operating income

312.7 343.6 318.5

1,079.9

427.6

33.8 (177.3)

2,338.9

Operating investments Non-current assets 1

186.8 44.7

22.2

128.1 602.9

75.0

-

21.1 478.0 27.9 2,932.6

1,124.8 420.1 202.6

521.1

33.2

Non-current assets other than financial instruments and deferred tax assets. (1)

2018 restated

Europe (excl. France)

Asia-Pacific (excluding Japan)

France

Japan

Americas 1,058.6

Other

Holding

Total

In millions of euros

Revenue

802.2 1,106.5 748.3 277.4 310.8 272.8

2,142.4

108.1

-

5,966.1 2,075.3

5

Recurring operating income

967.2

380.3

21.9 (155.1)

Recurring operating profitability by segment Other non-recurring income and expenses

34.5% 27.7% 36.8%

44.3%

35.9% 12.2%

34.3%

-

-

-

52.7

-

-

-

52.7

Operating income

277.4 310.8 272.8

1,019.9

380.3

21.9 (155.1)

2,128.0

Operating investments Non-current assets 1

153.1 28.8

17.5

43.2

52.3

-

17.5 312.3

959.2 393.2 182.7

522.9

493.7

32.2 125.0 2,708.9

Non-current assets other than financial instruments and deferred tax assets. (1)

Revenue 4.2 Distribution of revenue by métier is as follows:

Change at current exchange rate

Change at constant exchange rate

2019

2018

In millions of euros

Leather Goods & Saddlery Ready-to-wear and Accessories

3,414.3 1,574.2

2,975.8 1,310.4

14.7% 20.1% 10.3% 23.6%

11.3% 17.1%

Silk and Textiles

592.5 524.9 325.9 193.4 258.2

536.9 424.7 311.7 168.6 238.0

7.5%

Other Hermès sectors

20.4%

Perfumes Watches

4.6%

4.1%

14.7%

11.6%

Other products

8.5%

7.0%

REVENUE

6,883.4

5,966.1

15.4%

12.4%

2019 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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