The Hermès share price fell on Friday morning after sales growth was below expectations.
Shares were down nearly 5% on Friday and are trading at their lowest in eight months.
Sales growth for the final quarter of 2021 was 11%.
Axel Dumas, is the executive chairman of Hermès. He commented: “I thank above all the passion and quality of our teams’ work, because together we have made 2021 an exceptional year. Abundant creativity, unique know-how and the quality of materials have driven the growth of our sixteen métiers.
“Hermès is very dedicated to its role as a committed and responsible company and continues its commitments to job creation around the world and to regional regeneration in France, while reinforcing its ambitious environmental objectives.”
