COMPAGNIE FINANCIERE RICHEMONT Appendix
At Richemont,
We Craft the Future
FINANCIAL HIGHLIGHTS
Sales | ||||||
€ million | CR | HR | ||||
FY22 | 19 181 +44% | +46% | ||||
FY21 | 13 144 | -5% | -8% | |||
FY20 | 14 238 | 0% | +2% | |||
FY19 | 13 989 | +27% | +27% | |||
Ordinary Dividend* | |||
¨ | CHF 1 A share/10 B shares | ||
+61% | FY22 | 2.25 | |
+39% | FY21 | 2.00 | |
-67% | FY20 | 1.00 | 0.34 |
+128% | FY19 | 2.00 |
¨
1.00 +13%
+100%
-50%
+5%
Gross profit | ||||||||||
0.0% | 500000.0%1000000.0%1500000.0% | ¨ | ||||||||
€ million | ||||||||||
FY22 | 62.7% | 12 027 | +53% | |||||||
FY21 | 59.8% | 7 861 | -9% | |||||||
FY20 | 60.5% | 8 611 | 0% | |||||||
FY19 | 61.8% | 8 645 | +20% | |||||||
Operating profit | ||||||||||
€ million | ¨ | |||||||||
FY22 | +129% | |||||||||
17.7% | 3 390 | |||||||||
FY21 | -3% | |||||||||
11.2% | 1 478 | |||||||||
FY20 | ||||||||||
10.7% | 1 518 | -22% | ||||||||
FY19 | ||||||||||
13.9% | 1 943 | +5% |
Net cash
€ million
FY22 5 251
FY21 3 393
FY20 2 395
FY19 2 528
Cash flow from operating activities
€ million
FY22 4 638
FY21 3 218
FY20 2 370
FY19 2 026
Capex | ||
¨ | € million | |
+55% | FY22 | |
+42% | FY21 | 513 |
-5% | FY20 | |
-52% | FY19 |
Return on operating assets
¨ | ||||
+44% | FY22 | |||
+36% | FY21 | |||
10% | ||||
+17% | FY20 | 10% | ||
-15% | FY19 | 13% | ||
¨
871 +70% -30%
735 -11%826 +70%
23%
* CHF 0.34 loyalty scheme
SALES COMPARISON YOY / YO2Y BY BUSINESS AREA
Constant | Actual | Constant | Actual | ||||||||||
rates | rates | rates | rates | ||||||||||
H1-22 | H1-21 | H1-20 | H1-22 vs H1-21 | H1-22 vs H1-20 | |||||||||
Jewellery M aisons | 5 097 | 3 061 | 3 736 | +69% | +67% | +41% | +36% | ||||||
Specialist Watchmakers | 1 679 | 966 | 1 567 | +75% | +74% | +10% | +7% | ||||||
Online Distributors | 1 278 | 934 | 1 179 | +39% | +37% | +11% | +8% | ||||||
Other | 935 | 545 | 941 | +74% | +72% | +3% | -1% | ||||||
Intersegment sales | -82 | -28 | -26 | +198% | +193% | +218% | +215% | ||||||
Total sales | 8 907 | 5 478 | 7 397 | +65% | +63% | +24% | +20% | ||||||
H2-22 | H2-21 | H2-20 | H2-22 vs H2-21 | H2-22 vs H2-20 | |||||||||
Jewellery M aisons | 5 986 | 4 398 | 3 481 | +25% | +36% | +102% | +72% | ||||||
Specialist Watchmakers | 1 756 | 1 281 | 1 292 | +41% | +37% | +62% | +36% | ||||||
Online Distributors | 1 510 | 1 263 | 1 248 | +18% | +20% | +27% | +21% | ||||||
Other | 1 121 | 800 | 847 | +35% | +40% | +58% | +32% | ||||||
Intersegment sales | -99 | -76 | -27 | +17% | +30% | +286% | +267% | ||||||
Total sales | 10 274 | 7 666 | 6 841 | +27% | +34% | +73% | +50% | ||||||
FY22 | FY21 | FY20 | FY22 vs FY21 | FY22 vs FY20 | |||||||||
Jewellery M aisons | 11 083 | 7 459 | 7 217 | +47% | +49% | +57% | +54% | ||||||
Specialist Watchmakers | 3 435 | 2 247 | 2 859 | +50% | +53% | +21% | +20% | ||||||
Online Distributors | 2 788 | 2 197 | 2 427 | +26% | +27% | +17% | +15% | ||||||
Other | 2 056 | 1 345 | 1 788 | +51% | +53% | +17% | +15% | ||||||
Intersegment sales | -181 | -104 | -53 | +74% | +74% | +251% | +242% | ||||||
Total sales | 19 181 | 13 144 | 14 238 | +44% | +46% | +37% | +35% |
FY22 SALES BY PRODUCT LINE
12 months | €m |
Jewellery | |
Watches | |
Clothing | |
Leather goods and accessories | |
Writing instruments | |
Other | |
Total sales | |
Jewellery
Watches
Clothing
Leather goods
Writing instruments
Other
Group total | Excluding Online Distributors | ||||||||||||||||||
Constant | Actual | Constant | Actual | ||||||||||||||||
FY22 | rates | rates | FY22 | rates | rates | ||||||||||||||
8 338 | +49% | +50% | 8 293 | +49% | +51% | ||||||||||||||
6 061 | +46% | +48% | 5 872 | +45% | +48% | ||||||||||||||
2 091 | +27% | +28% | 610 | +50% | +51% | ||||||||||||||
1 562 | +38% | +38% | 829 | +66% | +67% | ||||||||||||||
417 | +34% | +36% | 415 | +33% | +35% | ||||||||||||||
712 | +63% | +65% | 555 | +48% | +49% | ||||||||||||||
19 181 | +44% | +46% | 16 574 | +48% | +50% |
8% 2% 4% | 5%3% 3% |
4% | |
11% | 43% |
50%
35%
32%
EXCLUDING ONLINE DISTRIBUTORS
HEDGING
- 70% of our forecasted net foreign currency cash flow exposure arising primarily in AED, CNY, HKD, JPY, SGD and USD is hedged vs CHF and EUR
- In the case of USD, the net exposure takes into account purchases of precious metals and precious stones
- Realised and unrealised gains/losses on currency derivative contracts are recognised in net finance costs
12 months to 31 March 2022 | Average rates | |||
versus CHF | Actual | Hedge | ||
AED | 4.00 | 4.08 | ||
HKD | 8.48 | 8.54 | ||
JPY | 122.25 | 115.80 | ||
SGD | 1.47 | 1.49 | ||
USD | 1.09 | 1.12 | ||
versus EUR | Actual | Hedge | ||
CNY | 7.46 | 8.03 | ||
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Compagnie Financière Richemont SA published this content on 20 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 May 2022 05:44:09 UTC.
