Luxury goods maker Hermes has increased its full-year forecast after recording a strong first-half performance, boosted by strong sales in Asia.

The company today (31 August) said that full-year sales growth "could be around 12%", up on previous forecasts of 10% growth.

Hermes recorded a 15.2% increase in net income over the half to reach EUR335.1m. Excluding the impact of the sale of its stake in the Jean-Paul Gaultier Group in the first-half of 2011, the company said net income grew 28%. Operating income rose 22.2% to EUR510.9m.

Sales increased 21.9% to EUR1.59bn, with Asia, excluding Japan, recording the strongest growth, up 25%. Japanese sales grew 3%, France saw sales increase 10%, while the rest of Europe grew 21% and the Americas recorded a 9% rise in sales.