Richemont (CFR.SW) Q4 My 2025

Cartier owner Richmont On Friday, sales of the fiscal quarter were better published than expected, as it continued the richest spending in ignoring the global uncertainty of the macroeconomic economy.

Revenue in the Swiss luxury group increased by 7 % on an annual basis at fixed exchange rates to 5.17 billion euros (5.79 billion dollars) in the three months until the end of March, above 4.98 billion euros by analysts in the LSEG poll.

The shares increased by 4 % shortly after opening the market on Friday.

The leadership of sales in the fourth quarter through the dual -number growth in the group’s jewelry department, which includes Cartier, Van Cleef, Arpels and Buccellati.

However, sales in the company’s watchmakers sector, which includes the Bajieh and Roger Dubuis brands, fell to weakness in the Asia Pacific region.

The whole year sales increased by 4 % to 21.4 billion euros, an increase in the previous year and a few analysts’ expectations from 21.34 billion euros.

Sales increased annually in all regions, with the exception of Asia and the Pacific (for example Japan) – the largest market market – as a 23 % decrease in China was a decrease in China. Japan led the annual sales growth, an increase of 25 % at actual exchange rates, supported by “strong local and tourist spending” and the weak Japanese yen.

“The group’s performance was generally strong, driven by the wonderful growth in our MASons jewelry and retail trade, and improving momentum in our” other “activities. The” other other “part that is called the” alleged “Watchfinder & Co.

The President added, however, that the continuous global uncertainty will continue to request “light movement and strong discipline.”

Bofa Global Research said in a memo last week that Richmont is facing three major international opposite winds: gold prices, American definitions and foreign currency fluctuations, by the power of the Swiss franc and weak US dollar.

However, the bank analysts added that the company’s pricing power can provide the rear winds.

“We believe that the price will cover half of the opposite winds,” they wrote. “Pricing, product mixture and higher capacity use are the most obvious compensation.

I have already informed Richmont “The highest ever” A quarterly sales number in January at 6.2 billion euros, even with the weight of demand in China.

The profits were taken, at the time, as a sign of a broader shift in the besieged luxury sector. However, the specter of American commercial tariffs and uncertainty in the subsequent macroeconomic economy again threatened the confidence of the consumer and appreciated spending worldwide.

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