Core Insights - The liquidity contract between Hermès International and BNP Paribas shows significant trading activity in the first half of 2025, with total buy trades amounting to €216,547,071 and sell trades totaling €210,013,542 [1][2]. Group 1: Liquidity Contract Overview - As of June 30, 2025, outstanding means included 3,416 shares of Hermès International and €17,719,592 [1]. - In the first half of 2025, there were 87,824 shares bought across 3,264 transactions and 85,073 shares sold across 3,835 transactions [1]. - The previous half-year situation (December 31, 2024) reported outstanding means of 665 shares and €24,002,097 [1]. Group 2: Historical Comparison - In the second half of 2024, total trades included 74,349 shares bought for €154,427,181 and 76,039 shares sold for €158,887,483 [1]. - The first application of the AMF 2021-01 decision on July 1, 2021, showed outstanding means of 496 shares and €18,278,671 [1]. - As of December 31, 2018, the outstanding means were 9,166 shares and €10,762,173 [2].

Core Points - Hermès International publishes the total number of voting rights and shares comprising its share capital monthly, in accordance with French regulations [2][3]. Summary by Category Voting Rights and Shares - As of April 30, 2025, Hermès has a total of 569,412 shares and 461,813 theoretical voting rights, with 728,084 effective voting rights [3]. - The number of effective voting rights has shown fluctuations over the months, with a peak of 862,580 effective voting rights recorded on April 30, 2021 [4]. Reporting Schedule - The company is required to publish these figures before the 15th day of the following month, ensuring transparency and compliance with regulatory standards [2].

Core Insights - The company reported consolidated revenue of €4.1 billion in Q1 2025, reflecting a growth of 9% at current exchange rates and 7% at constant exchange rates, with all geographical areas showing growth [1][11]. Sales Performance by Geographical Area - All geographical regions experienced growth, with Japan leading at +17%, followed by the Americas at +11%, Europe excluding France at +13%, and France at +14% [5][17]. - Asia excluding Japan recorded a modest growth of +1%, despite a high comparison basis and reduced traffic in Greater China [5][17]. Sales Performance by Sector - The Leather Goods and Saddlery sector achieved a robust growth of +10%, driven by strong demand and new product introductions [6][19]. - The Ready-to-wear and Accessories sector grew by +7%, while the Silk and Textiles sector saw a growth of +5% [14][19]. - The Perfume and Beauty sector remained stable, while the Watches sector experienced a decline of -10% [14][19]. Strategic Initiatives - The company is committed to sustainable practices, planning to distribute over €500 million to employees in profit-sharing for 2024 [8]. - Hermès updated its climate strategy in early 2025, focusing on supply chain improvements and natural resource preservation [9][10]. Future Outlook - The company maintains an ambitious revenue growth target at constant exchange rates, despite global economic uncertainties [12]. - Hermès continues to emphasize its unique business model, creativity, and client loyalty as key drivers for long-term development [13].

Core Viewpoint - Hermès International is required to publish the total number of voting rights and shares comprising its share capital monthly, in accordance with French regulations [2]. Group 1: Voting Rights and Shares Data - As of March 31, 2025, Hermès has a total of 569,412 shares and 463,684 theoretical voting rights, with 728,707 effective voting rights [3]. - The number of theoretical voting rights decreased from 437,557 on February 28, 2025, to 463,684 on March 31, 2025, indicating a fluctuation in shareholder engagement [3]. - The effective voting rights have shown variations, with a peak of 732,464 on August 31, 2024, and a low of 216,740 on March 31, 2023 [3][4]. Group 2: Historical Data Trends - The total number of shares has remained constant at 569,412 since at least December 2021, indicating stability in the share capital structure [4]. - The effective voting rights have generally trended upwards from 234,253 in May 2023 to 728,707 in March 2025, reflecting increased shareholder participation over time [3][4]. - The number of theoretical voting rights has fluctuated significantly, with a high of 638,491 on September 30, 2022, and a low of 116,106 on March 31, 2024 [3][4].