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Richemont posts H1 loss, while sales increase by 24 percent

In the first six months of the year, Richemont reported sales increase of 24 percent at actual exchange rates and 16 percent at constant exchange rates to 9.7 billion euros. Operating profit from continuing operations increased by 26 percent to 2.7 billion euros, delivering improved operating margin of 28.1 percent. The company recorded a 40...

11 Nov 2022