Record-Breaking Sales Achievement
Sales reached €21.4 billion, marking an all-time high for Richemont, with a 4% increase at actual and constant exchange rates.
Strong Jewellery Maisons Performance
Jewellery Maisons experienced a high single-digit increase for the year, with double-digit growth in the second half, leading to a robust operating result of €4.9 billion.
Successful Expansion and Investment
The company expanded its distribution and manufacturing capacity, including 25 new internal boutiques and significant investments in manufacturing for Cartier and Van Cleef & Arpels.
Solid Cash Flow and Net Cash Position
Cash flow from operating activities was €4.4 billion, and the net cash position remained robust at €8.3 billion.
Growth in the Americas and Japan
Sales in the Americas increased by 15% and Japan by 30%, contributing significantly to the overall performance.