Richemont seen up 4.5% after results 'smash' expectations

Swatch groupAG

14/11/2025 07:20

** Shares of Richemont CFR.S are seen up 4.5% in pre-market indications after the Cartier-owner beat quarterly sales estimates

** Bernstein analysts say Richemont "smashes" consensus expectations, beating on all divisions and geographies

** "The all-important" Jewellery Maisons division saw 17% sales growth at constant exchange rates vs consensus at 10%, analysts point out

** "CFR's H1 confirms the group as the fastest growing in luxury," Jefferies says

** Richemont's shares are up around 17% YTD

** Peer Swatch UHR.S is seen up 3%

 (Reporting by Marleen Kaesebier)

 ((marleen.kaesebier@thomsonreuters.com))