Hermes sales rise despite US tariffs, currency headwinds

Revenue rose 5.5 percent to 16 billion euros ($19 billion), with all regions seeing increases, the company said in a statement. Net profit slipped 1.7 percent to 4.5 billion, which the group attributed to a one-time tax of 330 million euros imposed by the French government on major companies as an "exceptional contribution" to help the country cut debt. Without the levy profit was up 5.5 percent on the year, chief executive Axel Dumas said in presenting the results to journalists. "I can't make any forecasts for 2026," he added.