COMPAGNIE FINANCIERE RICHEMONT SA - Richemont posts strong start to the year with sales up by 20% for its first quarter ended 30 June 2026

Richemont posts strong start to the year with sales up by 20% for its first quarter ended 30 June 2026

Compagnie Financière Richemont SA
("Richemont" or "the Company" or "the Group")
(Incorporated in Switzerland)
Share code: CFR
ISIN: CH0210483332


AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR
15 JULY 2026

RICHEMONT POSTS STRONG START TO THE YEAR 
WITH SALES UP BY 20% AT CONSTANT RATES
FOR ITS FIRST QUARTER ENDED 30 JUNE 2026

Highlights for the quarter ended 30 June 2026
* Group sales at EUR 6.3 billion, up by 20% at constant exchange rates and
by 17% at actual exchange rates 
* Excellent growth at Jewellery Maisons, up by 24% at constant rates;
Specialist Watchmakers up by 8%, improving sequentially; solid performance
at 'Other', including Fashion & Accessories Maisons, at +9%
* Strength across all regions led by local demand, with double-digit increases
in the Americas, Asia Pacific, Japan and Europe at both constant and actual
rates; return to growth in Middle East & Africa
* Sustained growth across all distribution channels, led by retail up by 24%
at constant rates
* Continued investment to support and cultivate Maisons' growth against a
persistently volatile macroeconomic and geopolitical backdrop driving
elevated raw material costs
* Robust net cash position at EUR 9.1 billion, including a EUR 0.4 billion
cash inflow from disposal of Avolta stake

April-June 			 2026	 2025		Movement at:
EURm						constant rates	actual rates

By region
Europe				1 429	1 295		+11%		+10%
Asia Pacific			2 068	1 731		+21%		+19%
Americas			1 670	1 335		+27%		+25%
Japan				  632	  527		+36%		+20%
Middle East & Africa		  530	  524		 +3%		 +1%

By distribution channel
Retail				4 504	3 734		+24%		+21%
Online retail			  373	  323		+18%		+15%
Wholesale and royalty income	1 452	1 355		 +9%		 +7%

By business area
Jewellery Maisons		4 732	3 914		+24%		+21%
Specialist Watchmakers		  873	  824		 +8%		 +6%
Other 				  724	  674		 +9%		 +7%
Total				6 329	5 412		+20%		+17%

Please contact Computershare at Web.Queries@Computershare.co.za if you wish to 
receive any documents electronically for Richemont.

This results announcement is the responsibility of the directors of Compagnie
Financière Richemont SA and is a summary of the information in the full
announcement available on the Stock Exchange News Service ("SENS") at:
https://senspdf.jse.co.za/documents/2026/JSE/ISSE/CFR/FY27Q1.pdf and on the
Group's website: https://www.richemont.com/news-media/press-releases-news/

This results announcement does not contain full details and any investment
decision by investors and/or shareholders in relation to the Company's shares
should be based on a consideration of the full announcement. The full
announcement is also available for inspection, at no charge, at the Company's
registered office (50 Chemin de la Chênaie, 1293 Bellevue, Geneva, Switzerland)
and the office of the Sponsor during standard office hours.

Richemont 'A' shares issued by Compagnie Financière Richemont SA are listed on
the SIX Swiss Exchange, Richemont's primary listing
(Reuters 'CFR.S' / Bloomberg 'CFR:SW' / ISIN CH0210483332). They are included in
the Swiss Market Index ('SMI') of leading stocks and the MSCI Switzerland IMI
ESG Leaders Index. The 'A' shares are also listed on the Johannesburg Stock
Exchange, Richemont's secondary listing
('CFRJ.J' / Bloomberg 'CFR:SJ' / ISIN CH0210483332).

Sponsor:
Rand Merchant Bank (A division of FirstRand Bank Limited)
1 Merchant Place, Corner of Fredman Drive and Rivonia Road, Sandton, 2196
Email: sponsorteam@rmb.co.za



Date: 15-07-2026 07:30:00
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