RICHEMONT (CIE FIN.) : Résultats sur 1 an : 31 mars 2008

Profil supprimé

23 avr. 2008 •09:12

Overview
For the year as a whole, all business areas
performed well with the Group’s specialist
watchmakers reporting particularly strong
growth. The Asia-Pacific region showed the
highest rate of growth and all regions reported
underlying growth. The strong growth in sales
of luxury products seen during the first nine
months continued during the final quarter of
the financial year.
At constant exchange rates, underlying sales
for the year grew by 16 per cent. The
underlying growth was offset by the weakness
of the dollar and the yen. At actual exchange
rates, sales grew by 10 per cent over the year.
Jewellery Maisons
The Group’s jewellery Maisons saw sales for
the year increase by 9 per cent. At constant
exchange rates, Cartier reported growth in all
regions. Van Cleef & Arpels enjoyed very
strong sales growth in all regions, albeit from a
significantly lower base.
(1) See appendix for details of exchange rates used
Specialist watchmakers
The Group’s seven specialist watchmakers
enjoyed very strong demand in all regions,
leading to sales growth of 15 per cent. Sales at
IWC and Jaeger-LeCoultre were particularly
strong.
Writing instrument Maisons
Montblanc’s sales growth of 9 per cent was
driven by strong growth through its expanding
boutique network with an increasing proportion
of sales generated by leather goods, watches
and jewellery.
Leather and accessories Maisons
Alfred Dunhill reported continuing sales
growth, primarily through its own boutique
network. During the year, Lancel introduced
new product ranges at higher price points but
experienced a decline in sales overall.
Other businesses
Chloé’s sales were in line with the prior year.
The increase in sales of other businesses
included the impact of acquisitions made
during the current financial year.r