Solid Revenue Growth
Richemont reported sales of EUR 10.6 billion, marking a 10% increase at constant exchange rates and a 5% increase at actual exchange rates.
Strong Operating Profit
Operating profit reached EUR 2.4 billion, an increase of 7% compared to the prior year, and a 24% increase when excluding adverse FX movements.
Jewellery Maisons Performance
Jewellery Maisons saw a 17% increase in Q2 sales at constant rates, contributing to a total of EUR 7.7 billion in sales, up 14% at constant exchange rates.
Resilience in the Americas
The Americas posted 18% growth in sales, marking the seventh consecutive quarter of double-digit growth, with the region comprising 25% of group sales.
Improved Cash Flow
Cash flow from operating activities amounted to EUR 1.9 billion, an increase of EUR 600 million compared to the prior year period.