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Richemont - first quarter June 2026 report
Highlights for the quarter ended 30 June 2026
- Group sales at EUR6.3 billion, up by 20% at constant exchange rates and by 17% at actual exchange rates
- Excellent growth at Jewellery Maisons, up by 24% at constant rates; Specialist Watchmakers up by 8%, improving sequentially; solid performance at 'Other', including Fashion & Accessories Maisons, at +9%
- Strength across all regions led by local demand, with double-digit increases in the Americas, Asia Pacific, Japan and Europe at both constant and actual rates; return to growth in Middle East & Africa
- Sustained growth across all distribution channels, led by retail up by 24% at constant rates
- Continued investment to support and cultivate Maisons' growth against a persistently volatile macroeconomic and geopolitical backdrop driving elevated raw material costs
- Robust net cash position at EUR 9.1 billion, including a EUR 0.4 billion cash inflow from disposal of Avolta stake
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| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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