Switzerland-based luxury goods group reports annual profit rising 34% to €5bn
Top brass at Johann Rupert-controlled Swiss luxury goods group Richemont, particularly the company’s CFO Burkhart Grund, were rewarded handsomely after the group posted a record profit of €5bn in the year to end-March.
March-Richemont’s sales in the year under review reached a record high of €20bn, a 19% year-on-year increase. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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