logo
Plus   Neg
Share
Email

Richemont Q1 Sales Up 12%

Richemont SA (CFRUY.PK) reported that its sales for the first-quarter increased by 12% to 3.74 billion euros from last year's 3.34 billion euros, while it was up 9% at constant exchange rates.

Excluding Online Distributors, sales rose by 6% at actual exchange rates and by 3% at constant exchange rates; at actual exchange rates.

The company said, "Starting with the financial year ending 31 March 2020, the Group provides a trading update for its first quarter ended 30 June. Sales for the first five months will therefore no longer be reported in September."

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Kolcraft Enterprises Inc. has recalled inclined sleeper accessory sold with certain sleepers to prevent suffocation risk, the U.S. Consumer Product Safety Commission said. The Chicago, Illinois-based company called back the products after reports of infant fatalities due to other manufacturers' inclined sleep products. Casino operator MGM Resorts International said it was the victim of a data breach in 2019 after a report claimed that the details of more than 10.6 million hotel guests were exposed. Technology website ZDNet reported about the incident late on Wednesday, saying that the personal details of more than 10.6 guests who stayed at MGM Resorts hotels were published on a hacking forum this week. Amid the ongoing troubles with its 737 MAX commercial planes grounding since March 2019, Boeing (BA) has secured a five-year U.S. Air Force contract to sustain and modernize the Global Decision Support System, or GDSS. The financial terms of the deal were not disclosed. The contract was awarded to Tapestry Solutions, part of Boeing Global Services.
RELATED NEWS
Follow RTT
>