-Investments amounted to €370 million and served primarily to expand the distribution network, to buy the property of the Hermès store in Beverly Hills, to increase production capacity and to secure supplies.
-Operating cash flow totalled €885 million a rise of 22%. It covered all investments and payment of the ordinary dividend (€208 million).
The Executive Management presented the audited accounts for 2012 to the Supervisory Board, reflecting revenue of €3,484 million (up 22.6%) and #
-After the exceptional dividend of €520 million paid in the previous year, net cash amounted to €686 million at the end of 2012.
Hermes
20240830145952.gif)
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "UBM China (Shanghai)")
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
