The luxury giant almost doubled its profits
With rising sales revenue, the world’s second largest luxury group, the Swiss-based Financiere Richemont nearly doubled its profits in the first half of the 2017 business year.
According to the unaudited data, the Richemont reached 5 billion 605 million euros in revenue and 974 million euros profit, during the six months ended on 30 September. Revenue grew by 10 percent and profit by 80 percent, compared to the same period of the previous year. Profits from regular operations increased by 46 percent to 1 billion 166 million euros. (MTI)
Related news
Digimeter 2024: Reorganization instead of digital catch-up
After 2020, 2021 and 2022, Digiméter assessed the level of…
Read more >Switzerland absorbs the mass of domestic meat industry workers
The search for butchers and beef boners in Switzerland is…
Read more >Free delivery an exception in DACH
Only a fraction of online retailers in Germany, Austria, and…
Read more >Related news
Mother’s Day gifts on sale from Tesco
In Hungary, we celebrate Mother’s Day on May 5 this…
Read more >You can save time and money with SPAR convenience products
More than 60 types of SPAR enjoy. convenience products await…
Read more >The taxed profit of Kometa’99 increased last year
The net sales of the majority-owned Italian Kometa’99 Zrt. last…
Read more >