Richemont, owner of Cartier, reports 4% sales growth in fiscal year 2025.

From Yahoo Finance: 2025-05-19 07:28:00

Luxury conglomerate Richemont, which owns Buccellati and Cartier, saw a 4% sales increase in fiscal 2025, totaling €21.39bn. Jewellery Maisons drove growth with an 8% rise, but Specialist Watchmakers declined by 13%. Operating profit fell by 7% to €4.47bn, while gross profit increased by 2% to €14.32bn. Earnings per share rose to €4.671. Richemont chairman Johann Rupert praised the company’s performance amid economic uncertainties. Mytheresa acquired YNAP from Richemont in April 2025 after receiving clearance from the European Commission.



Read more at Yahoo Finance: Cartier owner Richemont posts 4% sales growth in FY25