Richemont FY Profit From Cont. Ops. Declines; Sales Up 4%
From Nasdaq: 2025-05-16 02:11:00
Richemont reported a profit of 3.8 billion euros for the year, down 1% from last year. Earnings per share were 4.671 euros, excluding YNAP. Group sales increased by 4% to 21.4 billion euros, driven by high single-digit growth in Jewellery Maisons. The Board proposed a 9% increase in the ordinary dividend to 3.00 Swiss francs per 1 A share. Operating profit was 4.5 billion euros, down 7% at actual rates or 4% at constant exchange rates. For more earnings news and updates, visit rttnews.com.
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