Richemont's profit fell 35.5 percent

Increase FontSizeDecrease FontSize
31-May-2015

fiogf49gjkf0d
Richemont's revenue increased 3.9% year on year to $11.5 billion in the year that ended on March 31. Total sales rose 1% while revenue from the retail division rose 4.1% to $6 billion and the wholesale revenue increased 3.6% to $5.5 billion. Profit fell 35.5% to $1.5 billion, which the company attributed partly to ongoing foreign exchange hedging activities. Revenue from the company's specialist watchmakers increased 4.6% to $3.5 billion but operating margin fell to 23.4% compared with 26.1%. 

 

Post a comment

 

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Celebrity News

Alexandra Saint Mleux Leclerc Wears Ailes

Hollywood Stars Shine in Chopard at the 2026 Vanity Fair Oscar Part

Charles Leclerc Wears Graff Brooch at Monaco Rose Ball

Calendar of Events

Exhibition & Events

IIJS Bharat – Tritiya 2026 Unveils India’s Strength as a Global Jewellery Powerhouse

Explore New Global Opportunities at OROAREZZO 2026 with IEG

GemGenève Highlights Coloured Diamonds: A Niche Market of Excellence

Our Group Websites

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player