Richemont (CFR SW) H1 2026 (CHF) Revenue 12.3bln (exp. 12.2bln), Sales at constant FX +17% (exp. 16.2%)
ORIGINAL · NewsquawkRichemont (CFR SW) H1 2026 (CHF) Revenue 12.3bln (exp. 12.2bln), Sales at constant FX +17% (exp. 16.2%)Read originalHide original
Other Metrics: Specialist Watchmakers +10% Y/Y. Op. Profit 3.12bln (prev. 2.35bln Y/Y). Commentary: Sales rose across all distribution channels in the first half. Regional commentary: In the first half, most Maisons grew, led by Vacheron Constantin, Jaeger-LeCoultre and A. Lange & Söhne whose sales were supported by iconic lines and impactful novelties. This performance was achieved against continued soft demand in China. Whilst sales were stable in Asia Pacific, they rose by double digits across all other regions, led by strength in the Americas and Japan
Richemont reported first-half revenue of CHF 12.3 billion, with sales growth across channels and double-digit gains in every region except Asia Pacific.
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Other Metrics: Specialist Watchmakers +10% Y/Y. Op. Profit 3.12bln (prev. 2.35bln Y/Y). Commentary: Sales rose across all distribution channels in the first half. Regional commentary: In the first half, most Maisons grew, led by Vacheron Constantin, Jaeger-LeCoultre and A. Lange & Söhne whose sales were supported by iconic lines and impactful novelties. This performance was achieved against continued soft demand in China. Whilst sales were stable in Asia Pacific, they rose by double digits across all other regions, led by strength in the Americas and Japan
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