Switzerland’s Richemont reports robust H1 as Q2 sales surge 14%

Richemont has delivered sales of €10.6 billion (~$12.30 billion) in H1, an increase of 10 per cent YoY at constant rates, with Q2 accelerating to 14 per cent.
Operating profit rose to €2.4 billion (~$2.78 billion) and net profit reached €1.8 billion.
All regions saw double-digit Q2 gains.
Strong cash flow and solid liquidity supported continued investment despite ongoing macroeconomic pressures.