Universal Registration Document Including the Annual Financial Report

The report presents Hermès' 2025 consolidated revenue of €16 billion, up 9% at constant exchange rates, and a year-end workforce of 26,494. It reports a 69% absolute reduction in Scope 1 and 2 emissions since 2018 and a 58% intensity reduction in Scope 3. The company continued expanding employment and craftsmanship training, opening two new Hermès École des savoir-faire schools and bringing its training facilities to twelve.