News

Richemont on the up after difficult fiscal 2004

04/05/2004

Swiss luxury goods group, Richemont, has posted mixed results for the fiscal year ended March 31 2004.

 

The company, which is the world’s second largest luxury conglomerate, posted unaudited sales of €3.4 billion – a decrease of 8% or unchanged in constant currency terms. For the second half of the year, sales rose 6% in constant currency terms or fell 1% at actual exchange rates.

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