The French luxury house Hermès has posted significantly stronger growth in Greece than its global average, driven largely by surging tourist inflows. According to its 2025 financial results, Hermès Greece reported an 18.67% increase in revenue — more than double the group’s overall 9% growth rate. Globally, Hermès achieved €15.9 billion in sales (€16 billion at constant exchange rates), reflecting a 5.5% rise at current prices.
Greek Operations: Strong Revenue and Profit Growth
Hermès Greece’s revenue rose to €26.5 million in 2025, up from €22.4 million in 2024. Cost of goods sold climbed to €15.9 million, compared to €13.2 million the previous year, resulting in a gross margin of 39.9% — slightly down from 40.96% in 2024. As of 31 December 2025, the company’s lease obligations stood at €759,000, and its workforce expanded to 17 employees, up from 13.
Net Profit and Dividend Proposal
Net profit reached €4.74 million, a 18.90% increase from €3.98 million in 2024. The Board of Directors has proposed a dividend of €4.73 million — equivalent to €8.35 per share — for approval at the Annual General Meeting of shareholders.
Financial Stability
The company reports no liquidity risk, citing a robust cash position and minimal credit exposure. Customer receivables remain exceptionally low, while other receivables are predominantly intra-group transactions, as noted in its financial statements.