Richemont seen up as strong jewellery demand drives Q1 beat

COMPAGNIE FINANCIERE RICHEMONT SA

15/07/2026 07:22

** Shares in Richemont CFR.S were indicated 8% higher in Julius Baer's pre-market trade after the Cartier jewellery owner reported better-than-expected Q1 sales
** The company said its sales rose by 20% in constant currencies to €6.33 billion ($7.24 billion), beating €5.90 billion in Visible Alpha consensus 
** The results were "smashing through company-collected consensus across the board," Bernstein says
** Swiss peer Swatch UHR.S is seen up 3.3% 

($1 = 0.8742 euros)

 (Reporting by Amir Orusov)
 ((Amir.orusov@thomsonreuters.com))