Richemont Group Results Show Solid Double-Digit Growth in First Quarter 2019

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22-Jul-2019

On the first 3 months of its year 2019, the Richemont Group (that includes brands like IWC, Lange & Söhne, Jaeger-Lecoultre, Panerai, Cartier, Vacheron Constantin or Piaget) reports sales up by 12% at actual exchange rates and by 9% at constant exchange rates (compared to the prior-year period), at EUR 3,740m compared to EUR 3,344m on the same period in 2018. As for regions, Richemont Group reports double-digit growth in Japan and Asia Pacific, notably in mainland China, and high single-digit growth in the Americas more than compensated for decreases in Europe and the Middle East and Africa.

 

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