Appendix

At Richemont,

We Craft the Future

FINANCIAL HIGHLIGHTS

Sales

€ million

Sept 21

Sept 20

FY21

FY20

Gross profit € million

Sept 21

63.3%

Sept 20

57.8%

FY21

59.8%

FY20

60.5%

Operating profit

€ million

Sept 21 21.9%

Sept 20 8.3%452

FY21 11.2%

FY20 10.7%

CR

8 907

+65%

5 478

-25%

13 144

-5%

14 238

0%

¨

5 638

+78%

3 165

-31%

7 861

-9%

8 611

0%

¨

1 949

+331%

-61%

1 478

-3%

1 518

-22%

Profit for the period

HR

€ million

+63% Sept 21

14.0%

1 249

-26% Sept 20

2.9%

159

FY21

-8%

9.8%

1 289

FY20

+2%

6.5%

931

Net cash

€ million

Sept 21

3 153

Sept 20

2 111

FY21

3 393

FY20

2 395

Cash flow from operating activities

€ million

Sept 21

1 781

Sept 20

926

FY21

FY20

2 370

Dividends

¨

CHF 1 A share/10 B shares

¨

+686%

FY21

+100%

2.00

+100%

-82%

FY20

1.00

-50%

+39%

FY19

2.00

+5%+5 %

-67%

Capex

¨

€ million

¨

+49%

Sept 21

272

+45%

+19%

Sept 20

188

-33%

+42%

FY21

513

-30%

-5%

FY20

735

-11%

Return on operating assets

¨

+92%

FY21

10%

0%

FY20

10%

3 218

+36%

FY19

13%

+17%

H1-22 SALES BY PRODUCT LINE

  • Graphic represents total Group sales, including Online Distributors

8%

2% 3%

Jewellery

43%

11%

Watches

Clothing

Leather goods and accessories

Writing instruments

33%

Other

Total Group

Excluding Online Distributors

Constant

Actual

Constant

Actual

6 months

€m

H1-22

rates

rates

H1-22

rates

rates

Jewellery

3 803

+71%

+69%

3 777

+72%

+69%

Watches

2 924

+68%

+67%

2 845

+69%

+68%

Clothing

956

+41%

+38%

274

+66%

+60%

Leather goods and accessories

731

+51%

+48%

362

+84%

+81%

Writing instruments

191

+58%

+57%

191

+58%

+57%

Other

302

+79%

+77%

262

+74%

+71%

Total sales

8 907

+65%

+63%

7 711

+71%

+69%

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

6 months to 30 Sept 2021

Average rates

versus CHF

Actual

Hedge

AED

4.02

4.04

HKD

8.50

8.37

JPY

120.05

114.01

SGD

1.47

1.49

USD

1.09

1.12

versus EUR

Actual

Hedge

CNY

7.70

8.07

H1-22 SALES BY REGION AND BUSINESS AREA

Constant

Actual

% of

6 months

€m

Sept 21

Sept 20

rates

rates

total

Europe

2 009

1 234

+62%

+63%

23%

Asia Pacific

3 789

2 556

+47%

+48%

42%

Americas

1 926

900

+123%

+114%

22%

Japan

526

365

+56%

+44%

6%

Middle East and Africa

657

423

+62%

+55%

7%

Total sales

8 907

5 478

+65%

+63%

100%

Constant

Actual

% of

6 months

€m

Sept 21

Sept 20

rates

rates

total

Jewellery Maisons

5 097

3 061

+69%

+67%

57%

Specialist Watchmakers

1 679

966

+75%

+74%

19%

Online Distributors

1 278

934

+39%

+37%

14%

Other

935

545

+74%

+72%

11%

Intersegment sales

-82

-28

+198%

+193%

-1%

Total sales

8 907

5 478

+65%

+63%

100%

Movements at constant exchange rates are calculated by translating underlying sales in local currencies into euros in both the current period and the comparative period at the average exchange rates applicable for the financial year ended 31 March 2021.

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Compagnie Financière Richemont SA published this content on 12 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 November 2021 06:06:21 UTC.