Global MarketsIMPORTANT
Richemont (CFR SW) Q1 2027 (EUR): Revenue 6.33bln (exp. 5.81bln), Sales at constant FX +20% (exp. +11.2%)
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Richemont significantly beat Q1 2027 estimates with 20% growth, driven by 27% growth in the Americas and 24% in Jewelry, signaling a robust recovery for the luxury group.
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By Region (Y/Y): Strength across all regions led by local demand, with double-digit increases in the Americas, Asia Pacific, Japan and Europe at both constant and actual rates; return to growth in Middle East & Africa. Europe 1.42bln, +11%. APAC 2.06bln, +21%. Americas 1.67bln, +27%. By business area (Y/Y): Jewellery Maisons 4.73bln, +24% (exp. 4.35bln) Specialist Watchmakers 873mln, +24% (exp. 834.1mln)
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