Richemont (CFR) FY25 – Results Snapshot

Diluted HEPS of 632.7cps (FY24: 636.5cps).
Revenue increased by 3.8% y-y to EUR 21 399m, supported by a high single-digit increase at Jewellery Maisons.
GPM decreased from 68.1% to 66.9%.
OPM decreased from 23.3% to 20.9%.
Total expenses increased to EUR 9 852m, while expense-to-sales increased from 44.8% to 46.0%.
Dividend of CHF 300.0cps (FY24: CHF 275cps).
Cash generated from operating activities decreased from EUR 4 696m to EUR 4 443m.
Gross debt flat at EUR 5 989m, with net cash increasing to EUR 5 084m.
Completed the addition of Italian jewellery Maison Vhernier and the finalisation of the sale of YNAP to Mytheresa in April 2025.
Richemont now holds a 33% stake in newly created LuxExperience.