Tag: Richemont
Richemont: UBS reiterates its advice to buy
(CercleFinance.com) – Richemont published for its financial year ended at the end of March, a result up 61% to 2.08 billion euros, as well as an operating margin improving by…
Richemont cautious on China, discussions on YNAP continue
by Silke Koltrowitz and Silvia Aloisi ZURICH (Reuters) – The Swiss luxury group Richemont published a lower-than-expected annual profit on Friday and adopted a cautious tone to discuss the prospects…
Richemont: Share rebound, an analyst in support
(CercleFinance.com) – The title is picking up today (+1%) after falling 13.10% on Friday following the announcement of the results. Jefferies points out that the group achieved a turnover higher…
Richemont: Oddo lowers its price target
(CercleFinance.com) – The annual turnover stands at 19,181 ME indicating a turnover in the 4th quarter at 4,16 ME, i.e. a growth of +27%, the EBIT reached 3,390 ME reflecting…
Richemont: stock rebound, an analyst in support
The title is picking up today (+1%) after falling 13.10% on Friday following the announcement of the results. Jefferies points out that the group achieved a turnover higher than forecast…
Richemont: Oddo reiterates its opinion after the results
(CercleFinance.com) – Annual turnover came to 19,181 ME, EBIT reached 3,390 ME reflecting a margin of 17.7%, which gives a second half of 1,441 ME, i.e. a margin of 14.0%…
Lvmh: The Swiss giant Richemont disappoints on the stock market, the luxury sector in Paris under pressure
(BFM Bourse) – Despite record sales, the luxury giant Richemont fell on the stock market, the profitability displayed by the group having disappointed. Management has also shown itself to be…
Richemont does not expect a strong rebound in China and is struggling to sell its loss-making subsidiary Yoox, the Stock Exchange sanctions
At the end of last week, Bank of America Securities highlighted figures and comments from the luxury industry which tended to suggest that, except in China, sales in the sector…
After a record year, Richemont cautious for the future
The turnover of the Swiss luxury group jumped 46% over one year, to 19.2 billion euros. “Tell me when the war will end and when China will emerge from its…
Richemont: jefferies stays long after results
(CercleFinance.com) – The analyst underlines that the group achieved a turnover higher than forecast (19.2 billion euros against 18.7 billion euros for Jefferies and 18.8 billion euros for consensus) but…
Recovery from the corona crisis – Richemont with record sales – News
The jewelery and watch group Richemont shook off the corona crisis and significantly increased sales and profits in the 2021/22 financial year. In the end, sales in the fiscal year…
Compagnie Financire Richemont SA: Citadel Securities continues to buy
Marketzone with MT Newswires 2022 All the news on COMPAGNIE FINANCIRE RICHEMONT SA Analysts recommendations on COMPAGNIE FINANCIRE RICHEMONT SA …