Company Earnings UpdateCompagnie Financière Richemont (SWX: CFR) FY19 Results: Sales and Profits Jump After YNAP Acquisition Coresight Research May 20, 2019 Executive Summary Compagnie Financière Richemont reported FY19 revenues of €14.0 billion, slightly above the €13.9 billion consensus estimate recorded by S&P Capital IQ, and up 27.3% year over year. During the year, Richemont acquired full control of YOOX NET-A-PORTER (YNAP) and also acquired Watchfinder.co.uk. The company did not provide quantitative guidance for FY20 but Chairman Johann Rupert stated that Richemont “remains confident in [its] ability to achieve [its] long term ambitions.” Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: The CORE 3.0 Framework for Artificial Intelligence in RetailRetail Trends and Shopper Traffic Update, Q4: Early Findings & Strategic Outlook2026 Sector Outlook: Global and US Luxury Goods Retailing—Rebound Despite Challenges in Shopper BaseAnalyst Corner: Alibaba’s Qwen Signals the Opening Act of China’s Agentic Commerce Revolution, with Charlie Poon
