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View Full Version : Richemont Full-Year Profit Beats Estimates on Sales in Asia - Bloomberg



NewsWhore
05-16-2012, 05:30 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEckSniPECyfzDh57CI1ikFX_LnAw&url=http://www.bloomberg.com/news/2012-05-16/richemont-full-year-profit-beats-estimates-on-sales-in-asia.html)


Richemont Full-Year Profit Beats Estimates on Sales in Asia (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEckSniPECyfzDh57CI1ikFX_LnAw&url=http://www.bloomberg.com/news/2012-05-16/richemont-full-year-profit-beats-estimates-on-sales-in-asia.html)
Bloomberg
Richemont said sales in April rose 29 percent on a reported basis and 20 percent excluding currency swings. “Richemont continues to lead the pack in terms of organic growth rates,” HSBC analysts including Antoine Belge wrote today in a note.

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