Hermès reported full-year 2025 revenue of €16 billion, beating expectations with resilient growth in leather goods and strong performance in the Americas and Japan.

While net profit dipped slightly due to a one-off French surtax, underlying earnings and margins remained robust. Dan Koh and Audrey Siek break down the numbers, why Hermès continues to outperform peers, and what investors should watch in 2026.

Herm&egrave;s reported full-year 2025 revenue of &euro;16 billion, beating expectations with resilient growth in leather goods and strong performance in the Americas and Japan.
While net profit dipped slightly due to a one-off French surtax, underlying earnings and margins remained robust. Dan Koh and Audrey Siek break down the numbers, why Herm&egrave;s continues to outperform peers, and what investors should watch in 2026.

Get a head start to your work day with Ryan Huang, Emaad Akhtar and Audrey Siek from 6am to 9am. 

Listen to insightful discussions on the stories and issues that matter the most to you and be apprised of the markets and the companies to watch.

Get a head start to your work day with Ryan Huang, Emaad Akhtar and Audrey Siek from 6am to 9am. 
Listen to insightful discussions on the stories and issues that matter the most to you and be apprised of the markets and the companies to watch.

Breakfast with Ryan Huang, Emaad Akhtar and Audrey Siek

MONEY FM 89.3 is Singapore’s first and only Business and Personal Finance station. MONEY FM is a 24-hour English talk format station featuring local and international business and financial news. We provide you with financial market and currency updates and insights from analysts, economists, policy makers, industry experts and business owners.

In the lighter hours, listen to discussions on social issues and features on topics that include health, education, arts and music.

MONEY FM 89.3 is Singapore&rsquo;s first and only Business and Personal Finance station. MONEY FM is a 24-hour English talk format station featuring local and international business and financial news. We provide you with financial market and currency updates and insights from analysts, economists, policy makers, industry experts and business owners.
In the lighter hours, listen to discussions on social issues and features on topics that include health, education, arts and music.

MONEY FM 89.3 is Singapore’s first and only Business and Personal Finance station.

MONEY FM 89.3

Insightful discussions on the latest market events and the top companies to watch.

Get a head start on your workday with Ryan Huang, Emaad Akhtar and Audrey Siek from 6 am to 9 am. 

Listen to insightful discussions on the stories and issues that matter the most to you and be apprised of the markets and the companies to watch.

Get a head start on your workday with Ryan Huang, Emaad Akhtar and Audrey Siek from 6 am to 9 am. 
Listen to insightful discussions on the stories and issues that matter the most to you and be apprised of the markets and the companies to watch.

Breakfast with Ryan Huang, Emaad Akhtar and Audrey Siek (6am-9am)

Companies To Watch: Hermès delivers strong growth as luxury sector slows

 With every Singapore household set to receive another $500 in CDC vouchers next January, how should you use yours? As we unpack Budget 2026, we go beyond supermarket runs and hawker favourites to explore Michelin Bib dining spots, hobby finds at Bras Basah, and even how you can donate your unused vouchers to charity. 

 

Presented by Audrey Siek, Ryan Huang & Emaad Akhtar

Produced by Audrey Siek

Edited by Trisha Yeong

Music credit: Pixabay & its talented community of contributors

With every Singapore household set to receive another $500 in CDC vouchers next January, how should you use yours? As we unpack Budget 2026, we go beyond supermarket runs and hawker favourites to explore Michelin Bib dining spots, hobby finds at Bras Basah, and even how you can donate your unused vouchers to charity.&nbsp;
&nbsp;
Presented by Audrey Siek, Ryan Huang &amp; Emaad Akhtar
Produced by Audrey Siek
Edited by Trisha Yeong
Music credit: Pixabay &amp; its talented community of contributors

Breakfast Bites: CDC Vouchers - Spend, splurge or pay it forward?

If you’ve ever wished your boss understood what you need, you’re not alone. Managing up is really about clearer communication, not manipulation. 

This episode shows how small habits like clarifying expectations and pre-empting updates can make work smoother for both you and your manager.

If you&rsquo;ve ever wished your boss understood what you need, you&rsquo;re not alone. Managing up is really about clearer communication, not manipulation.&nbsp;
This episode shows how small habits like clarifying expectations and pre-empting updates can make work smoother for both you and your manager.

Work Smart: The Smart Way to Align With Your Manager

The Kettle Gourmet started as a gourmet popcorn brand. Today, it operates 11 snack brands and exports across Asia.

On Mind Your Business, the Breakfast Show invites Zac Chua, Founder, The Kettle Gourmet to share how owning production lines, avoiding retail, and focusing on regional distribution transformed his company into a scalable consumer business built for long-term profitability.

The Kettle Gourmet started as a gourmet popcorn brand. Today, it operates 11 snack brands and exports across Asia.
On Mind Your Business, the Breakfast Show invites Zac Chua, Founder, The Kettle Gourmet to share how owning production lines, avoiding retail, and focusing on regional distribution transformed his company into a scalable consumer business built for long-term profitability.

Companies To Watch: Hermès delivers strong growth as luxury sector slows

In 2 playlist(s)

Breakfast with Ryan Huang, Emaad Akhtar and Audrey Siek (6am-9am)

Social links

Follow podcast

Recent clips