Overview

• Richemont's fiscal Q4 sales grew 7% year-on-year to €5.17 billion, exceeding analyst expectations.
• The jewelry division, including Cartier and Van Cleef & Arpels, saw a robust 11% sales increase in Q4, offsetting weaknesses elsewhere.
• Specialist watch sales dropped 11% in Q4, with demand particularly weak in Asia-Pacific, where China recorded a 23% decline.
• Operating profit fell 7% to €4.47 billion, reflecting challenges in the watch segment and ongoing regional disparities.
• Richemont reaffirmed its cautious pricing strategy, avoiding sudden increases despite U.S. tariff risks and currency fluctuations.