Industry News – Richemont Announces Quarterly Results ahead of SIHH 2019

Just before the opening of SIHH 2019 (Salon International de la Haute Horlogerie), Switzerland-based luxury conglomerate Richemont has released its trading update for the quarter ended 31 December 2018. Richemont announced that sales in the quarter rose 25% at actual exchange rate and 24% at constant exchange rate – results that should, however, be nuanced across the business portfolio.

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