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An announcement from Compagnie Financiere Richemont SA ( (CH:CFR) ) is now available.
Richemont reported strong financial results for the fiscal year ending March 31, 2025, with group sales reaching €21.4 billion, driven by robust performance in its Jewellery Maisons. Despite a challenging macroeconomic environment, the company saw significant growth in most regions, except Asia Pacific, and maintained a solid net cash position of €8.3 billion. The company also completed strategic moves, including the acquisition of Italian jewelry brand Vhernier and the sale of YNAP to Mytheresa. The appointment of a new CEO and expansion of the executive committee are expected to strengthen Richemont’s leadership and operational capabilities.
The most recent analyst rating on (CH:CFR) stock is a Buy with a CHF150.00 price target. To see the full list of analyst forecasts on Compagnie Financiere Richemont SA stock, see the CH:CFR Stock Forecast page.
More about Compagnie Financiere Richemont SA
Compagnie Financiere Richemont SA is a leading luxury goods company specializing in jewelry, watches, and fashion accessories. The company is known for its prestigious brands, including Cartier, Van Cleef & Arpels, and Buccellati, and focuses on high-end markets globally.
Average Trading Volume: 1,156,293
Current Market Cap: CHF91.02B
Find detailed analytics on CFR stock on TipRanks’ Stock Analysis page.