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Richemont Sees About 30% Growth In FY Net Profit - Quick Facts

Swiss luxury goods group Compagnie Financiere Richemont AG (CFRUY.PK) said it expects full-year net profit to grow nearly 30% compared with last year.

Trading for the year to March 2013 showed sales rising 14% on a reported basis and 9% on a constant currency basis against the earlier year period. On this basis, Richemont's annual operating profit is likely to increase by around 18% year-over-year.

The Group's results for the year would be reported on May 16, 2013.

by RTTNews Staff Writer

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