COMPAGNIE FINANCIERE RICHEMONT SA

CFR

Equity

ISIN CH0210483332 / Valor 21048333

SIX Swiss Exchange (2025-11-21)

CHF 163.72+2.17%

COMPAGNIE FINANCIERE RICHEMONT SA
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About company

Compagnie Financière Richemont SA is a prominent luxury goods conglomerate known for its ownership of several prestigious brands, or "Maisons," specializing in high-end jewellery, watches, fashion, and accessories. The company operates with a focus on maintaining the unique heritage of its brands while fostering innovation and timeless design. Richemont's central and regional teams collaborate to support and enhance the performance of its Maisons, ensuring they succeed in both established and emerging markets. The group is recognized for setting high standards in service and operational excellence, leveraging its expertise to drive growth and maintain its position as a leader in the luxury goods sector.

Summarized from source with an LLMView SourceSector: Consumer Cyclicals

Group Sales Growth

For the quarter ended 30 June 2025, Richemont's group sales reached €5.4 billion, marking a 6% increase at constant exchange rates and a 3% rise at actual exchange rates. This growth was driven by robust performance in key regions, particularly Europe, the Americas, and the Middle East & Africa.

Regional Performance

Sales in Europe grew by 11%, supported by strong local demand and increased tourist spending. The Americas saw a 17% rise in sales, while the Middle East & Africa also experienced a 17% growth. In contrast, Japan's sales declined by 15% due to high comparative figures from the previous year and a stronger Yen reducing tourist expenditures. Asia Pacific sales remained stable overall.

Distribution Channels

All distribution channels showed consistent growth, each up by 6%. Retail sales led the way, accounting for 69% of group sales, followed by online retail and wholesale and royalty income, both growing by 6% and 2%, respectively.

Business Area Performance

Jewellery Maisons achieved an 11% increase in sales, continuing their streak of double-digit growth. Specialist Watchmakers saw a 7% decline, while the 'Other' category, including Fashion & Accessories Maisons, experienced a slight 1% decrease.

Financial Position

Richemont maintained a robust net cash position of €7.4 billion as of 30 June 2025, following the transfer of cash to YNAP after the sale transaction with LuxExperience.

Summarized from source with an LLMView Source

Key figures

39.2%1Y

42.0%3Y

118%5Y

Performance

32.2%1Y

30.2%3Y

33.4%5Y

Volatility