Monday, April 28, 2008
Horology News: Richemont: Unaudited Sales Figures for the financial year ended 31 March 2008
Some interesting Richemont sales figures data for this past year just released. What we can easily see is almost double digit sales across the whole group areas of business, but especially in the specialty watchmaking groups noted highest sales growth by IWC and Jaeger LeCoultre. Farther geographical breakdown shows the anticipated highest growth in the Asia-Pacific region of 31% (headed by China and Hong Kong) with suspected low teens percentage growth in both Europe and Americas. Interesting how Europe still counts for almost 43% of the total group sales as compared to quarter of Asia-Pacific and one fifth of Americas. Another clue is that Middle East and I assume Russia as well are counted as Europe group sales so it would be very interesting to see a further country breakdowns. Sadly there were no individual brand sales breakdowns for further analysis.
Daily thoughts, musings & interests about anything (mostly horology) that currently makes my soul & grey matter tick.