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UPDATE 2-Strong Asia pushes Hermes sales up 16% in fourth quarter


(Adds share price, profitability, analyst comment)
MILAN, Feb 19 (Reuters) - Birkin bag maker Hermes weathered the coronavirus pandemic better than luxury goods rivals, with sales recovering sharply in the final part of 2020 thanks to a strong performance in Asia and soaring online revenues.
The French group said on Friday sales in the October to December period rose by 16% at constant exchange rates - way better than the 8% increase forecast in an analyst consensus cited by UBS.
Shares in the group, which have surged 41% in the past year despite the global health emergency, rose by more than 6% in early trade in Paris on Friday, the top gainer in the blue chip CAC 40 index. ....

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