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Richemont records upward sales first:
Keystone-SDA
The luxury group Richemont continued to progress in the first quarter of its staggered 2025/26 exercise. In addition, closed at the end of June. In addition, His income experienced a notable increase. Additionally, In addition, driven by the outperformance of his jewelry division in a general context of weakened luxury. – Richemont records upward sales first
(Keystone-ATS) During the period under review, the turnover of the owner of brands such as Cartier or Piaget rose to 5.4 billion euros (5 billion francs), up 3% over richemont records upward sales first an year. Excluding exchange effects, organic growth has climbed 6%, the company said on Wednesday in a statement.
The jewelry segment has produced revenues of 3.9 billion euros, a significant increase of 7%. At constant rate, the increase in income amounts to 11%.
The watchmaking sector of the Geneva group. which includes the Piaget, Vacheron Constantin or IWC houses,, on the other hand, fell, as expected. Sales have plumped from 10% to 824 million euros there, or 7% excluding exchange effects.
These results correspond more or less to the consensus of the AWP agency. Analysts interviewed anticipated sales up to 5.41 billion euros on average, including 3.9 billion from jewelry and 832 million of watchmaking. Richemont does not give any indications in terms of profit.
richemont records upward sales first — Richemont records upward sales first: Keystone-SDA The luxury group Richemont continued to. progress in the first quarter of its staggered 2025/26 richemont records upward sales first exe.
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