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Richemont presents its trading statement for the three months ended 31 December 2009

January 2010


www.worldwatchweb.com - Sales during the three months to December were 2 per cent higher than in the same quarter of 2008. At constant exchange rates, sales increased by 7 per cent, with the jewellery and watch Maisons benefitting from improving demand. The improvement in trading is welcome in the context of a generally difficult economic environment, although the figures should be viewed against the weak comparative figures of the same period in 2008. The trend over the quarter showed continued improvement, with growth in December of 12 per cent at constant exchange rates.

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Source: Compagnie Financière Richemont SA
www.richemont.com