Richemont shareholders approve dividends and board re-elections at AGM
The company approved a CHF 3.30 ordinary dividend per A-share plus special dividends. Board members and auditors were re-elected for new terms.
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Luxury goods group owning jewellery, watch, fashion, and accessories brands
richemont.comLast updated
In short: Richemont posted record results driven by jewellery sales despite China's slowdown and watch weakness.
The company approved a CHF 3.30 ordinary dividend per A-share plus special dividends. Board members and auditors were re-elected for new terms.
Jewellery Maisons drove performance with 24% increase, and net cash stood at €9.1 billion.
Group sales rose 11% at constant rates to €22.4 billion, with operating profit up 1%.
Sales reached €6.4 billion, with strong growth in Jewellery Maisons and all regions. 9-month sales up 10% at constant rates.
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Luxury giant Richemont and retailer Signet Jewelers are negotiating to join a consortium aiming to acquire diamond miner De Beers.
While classic luxury segments such as leather goods are struggling, Richemont's jewelry houses, including Van Cleef & Arpels, recorded a massive revenue increase of 24 percent in the first quarter...
Richemont records a jump in its annual results in 2025/2026 · Budget cuts for 2026 in the urns in Lancy · Click to comment...
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