Compagnie Financière Richemont SA (SWX: CFR)

Switzerland flag Switzerland · Delayed Price · Currency is CHF
132.70
-0.80 (-0.60%)
Sep 3, 2024, 5:31 PM CET
6.42%
Market Cap 78.34B
Revenue (ttm) 20.06B
Net Income (ttm) 2.30B
Shares Out 590.35M
EPS (ttm) 3.97
PE Ratio 20.65
Forward PE 20.08
Dividend 2.75 (2.07%)
Ex-Dividend Date Sep 19, 2024
Volume 554,782
Open 134.30
Previous Close 133.50
Day's Range 132.20 - 135.15
52-Week Range 102.95 - 151.10
Beta 1.22
Analysts n/a
Price Target n/a
Earnings Date Nov 8, 2024

About CFR

Compagnie Financière Richemont SA, an investment holding company, engages in the luxury goods business. The company operates through Jewellery Maisons, Specialist Watchmakers, and Other segments. It is involved in the design, manufacture, and distribution of jewelry products, precision timepieces, watches, writing instruments, clothing, and leather goods and accessories. The company provides its products under the Cartier, Van Cleef & Arpels, Buccellati, A. Lange & Söhne, Baume & Mercier, IWC Schaffhausen, Jaeger-LeCoultre, Panerai, Piaget, Rog... [Read more]

Industry Luxury Goods
Founded 1979
Employees 37,117
Stock Exchange SIX Swiss Exchange
Ticker Symbol CFR
Full Company Profile

Financial Performance

In 2023, UBS Group AG's revenue was $39.61 billion, an increase of 15.53% compared to the previous year's $34.29 billion. Earnings were $27.85 billion, an increase of 264.99%.

Financial numbers in EUR Financial Statements

News

1st semester 2024 : Growth in revenue1) to CHF 577.0m, up 9.2% at constant exchange rates Growth of 14.4% in the 2nd quarter at constant exchange rates

Lausanne, Switzerland--(Newsfile Corp. - August 8, 2024) - Ad hoc announcement pursuant to Art. 53 LR To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/1...

27 days ago - Newsfile Corp

Former Macy's CEO on luxury letdown

Terry Lundgren, former Macy's CEO, joins 'Money Movers' to discuss Lundgren's thoughts on the luxury retail sector, how bad the luxury retail sector is, and what could be jarring for markets.

6 weeks ago - CNBC Television

China's reduced spending saps European luxury stocks

A profit alert from Hugo Boss and weak China sales at Richemont added to evidence that Chinese appetite for luxury goods may have peaked, knocking share prices on Tuesday, while Porsche's exposure to ...

7 weeks ago - Reuters

Luxury Woes: Richemont, Swatch, Burberry Face Slowing China Demand

It's been a bad week for luxury amid a China-led slowdown for Swiss watchmakers and other luxury companies. On Monday, Swatch fell the most in four years as profit fell 70% while Burberry replaced its...

7 weeks ago - Bloomberg Markets and Finance

Weak China demand hurts sales at luxury goods firm Richemont

Sales at Cartier-owner Richemont were almost flat in the three months through June, the luxury group said on Tuesday, with a slump in Chinese demand pushing the overall result slightly below expectati...

7 weeks ago - Reuters

Richemont reports resilient sales for its first quarter ended 30 June 2024

AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR 16 JULY 2024 RICHEMONT REPORTS RESILIENT SALES FOR ITS FIRST QUARTER ENDED 30 JUNE 2024 Highlights Sales up 1% at constant exchange rates, down 1% at actual ...

7 weeks ago - GlobeNewsWire

Richemont appoints Catherine Rénier as Chief Executive Officer of Van Cleef & Arpels

2 JULY 2024 RICHEMONT APPOINTS CATHERINE RÉNIER AS CHIEF EXECUTIVE OFFICER OF VAN CLEEF & ARPELS Richemont today announced that Catherine Rénier, currently Chief Executive Officer (CEO) of Jaeger-LeCo...

2 months ago - GlobeNewsWire

Richemont names new boss for Cartier jewellery business

Richemont said on Tuesday that Louis Ferla will replace Cyrille Vigneron as chief executive officer of its Cartier jewellery brand.

2 months ago - Reuters

Richemont appoints Louis Ferla as Chief Executive Officer of Cartier

2 JULY 2024 RICHEMONT APPOINTS LOUIS FERLA AS CHIEF EXECUTIVE OFFICER OF CARTIER Richemont today announced that Louis Ferla, currently Chief Executive Officer of Vacheron Constantin, will succeed Cyri...

2 months ago - GlobeNewsWire

LVMH boss Bernard Arnault reportedly buys stake in Cartier owner, sparking takeover rumors

LVMH chairman Bernard Arnault has reportedly bought a stake in the luxury rival that owns Cartier, sparking rumors of a possible takeover battle.

2 months ago - New York Post

LVMH Chief Arnault owns stake in luxury rival Richemont, Bloomberg reports

French billionaire Bernard Arnault, Europe's richest man and the chairman of high fashion to champagne group LVMH , has bought a stake in smaller luxury rival Richemont , Bloomberg reported on Tuesday...

2 months ago - Reuters

Richemont publishes FY24 Annual Report and Non-Financial Report

AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR 13 JUNE 2024 RICHEMONT PUBLISHES FY24 ANNUAL REPORT AND NON-FINANCIAL REPORT Richemont has today published its Annual Report and Accounts, as well as its Non...

2 months ago - GlobeNewsWire

Shares of Cartier owner Richemont rise after full-year results

Richemont shares jump after full-year results. CNBC's Charlotte Reed covers the developments.

3 months ago - CNBC International TV

Cartier Owner Richemont Names Van Cleef & Arpels Head as New CEO

Richemont said Nicolas Bos will replace Jerome Lambert as its CEO, tapping a company veteran who most recently led its French jewelry brand Van Cleef & Arpels as the luxury industry navigates a slowdo...

3 months ago - WSJ

Shares of Cartier owner Richemont climb 6% on record full-year sales, new CEO

Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after it reported record full-year sales even as Asia Pacific spending waned.

3 months ago - CNBC

Richemont Sales Beat Estimates, Bos to Be New CEO

Richemont reported sales at constant exchange rates for the full year that beat the average analyst estimate. After reporting the annual profit, Richemont named Nicolas Bos as its new chief executive ...

3 months ago - Bloomberg Markets and Finance

Luxury group Richemont makes Van Cleef jewellery boss new CEO

Luxury group Cartier-owner Richemont announced a rejig of its top management on Friday, promoting the head of its Van Cleef & Arpels jewellery brand to group chief executive, saying it was returning t...

3 months ago - Reuters

Richemont announces changes to the Board of Directors and Senior Management

AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR 17 MAY 2024 RICHEMONT ANNOUNCES CHANGES TO THE BOARD OF DIRECTORS AND SENIOR MANAGEMENT The Board of Compagnie Financière Richemont SA (Richemont) appoints N...

3 months ago - GlobeNewsWire

Richemont announces strong underlying performance for the year ended 31 March 2024

AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR 17 MAY 2024 Please find below the Highlights and Chairman's commentary from Richemont FY24 Annual Results Announcement.

3 months ago - GlobeNewsWire

Richemont acquires Vhernier

COMPANY ANNOUNCEMENT 7 MAY 2024 RICHEMONT ACQUIRES VHERNIER Richemont is pleased to announce that it has reached an agreement to acquire 100% of Vhernier S.p.A. ("Vhernier"), the distinctive Italian j...

4 months ago - GlobeNewsWire

UBS says consumer spending on luxury will become more selective

Claudia Panseri, UBS's chief investment officer for France, discusses the luxury sector following Kering's results.

5 months ago - CNBC International TV

Jim Cramer looks at Europe's 'Super 7'

'Mad Money' host Jim Cramer looks at Europe's top performing stocks, deemed the 'Super 7'.

6 months ago - CNBC Television

The European 'Super 7' is a great slate of companies, says Jim Cramer

'Mad Money' host Jim Cramer looks at Europe's top performing stocks, deemed the 'Super 7'.

6 months ago - CNBC Television

Richemont's Sales Soar on Strong Demand in China and Japan

Inflation-pressured consumers tend to cut back on their luxury purchases.  At least, that's what PYMNTS Intelligence data has found.

8 months ago - PYMNTS

Some Luxury Goods Had a Better Christmas Than Others

Brands that sell to the wealthiest shoppers are a safer bet as spending on designer products slows.

8 months ago - WSJ