Richemont H1 gross sales bounce 10%
Richemont has revealed that it posted group gross sales of €10.6bn (£9.4bn), a rise of 10% on a relentless foreign money foundation, for the half yr ended 30 September 2025.
It additionally posted a revenue of €1.8bn (£1.6bn) for the interval, pushed by persevering with operations and non-recurrence of the prior-year interval loss from discontinued operations.
Alongside this, its working revenue rose to €2.4bn (£2.1bn) underpinned by “robust gross sales contribution and continued price self-discipline”.
The enterprise acknowledged that every one of its areas noticed double-digit development in Q2 at fixed charges, led by sustained native demand.
Sturdy demand fuelled development in its Jewelry Maisons’ class with gross sales up 9% at precise alternate charges. The maisons embody Buccellati, Cartier, Van Cleef and Arpels and Vhernier.
Johann Rupert, chairman, mentioned: “The group delivered a exceptional prime line efficiency within the first half led by sustained native demand, testifying to the energy of our Maisons’ positioning, constructed with consistency over time.
“I’ve full confidence in our gifted groups’ skill to proceed to rise to the problem, and by no means stop to be impressed by their excellence at crafting distinctive and timeless creations to enchant our shoppers. I do know that we are able to depend on the unwavering dedication of our renewed management to implement our Maisons’ long-term methods with self-discipline and agility, thereby contributing to sustainable worth creation for our stakeholders.”