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Compagnie Financiere Richemont (LTS:0QMU) FFO


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What is Compagnie Financiere Richemont FFO?

FFO (Funds from operations) only applies to REITs.


Compagnie Financiere Richemont Business Description

Address
50 Chemin de la Chenaie, CP 30, Bellevue, Geneva, CHE, 1293
Richemont is a luxury goods conglomerate with 20 brands. Jewellery and watch brands make up 86% of sales, but the group is also active in accessories, writing instruments, clothing and online luxury retail. Richemont's Jewellery Maisons, including Cartier and Van Cleef & Arpels, account for 69% of revenue and vast majority of profits. Its other brands include Vacheron Constantin, Piaget, Jaeger-LeCoultre, IWC Schaffhausen, Lange & Soehne, Officine Panerai, Chloe, and Montblanc.