French luxury group Hermès has posted an 18.3% rise in 2011 sales, boosted by demand for the brand in Europe, the Americas and Asia, and said its operating margin had increased significantly.

The leathergoods brand said revenue reached EUR2.84 billion in 2011, beating its own target for 15-16% sales growth at constant exchange rates. The operating margin exceeded 30%, compared with 27.8% in 2010.

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