Richemont has released disappointing full-year results. Sales were up 8% at CER and the operating profit increased by 5%. Forecasts and target price will be downgraded.
18 May 2018
Richemont disappoints in 2017 due to headwinds in watches
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Richemont disappoints in 2017 due to headwinds in watches
Compagnie Financiere Richemont SA (RITN:ETR) | 0 0 0.7% | Mkt Cap: 44,518m
- Published:
18 May 2018 -
Author:
Rim BEN SALAH -
Pages:
3
Richemont has released disappointing full-year results. Sales were up 8% at CER and the operating profit increased by 5%. Forecasts and target price will be downgraded.