welcome
CNBC

CNBC

World

World

Cartier owner Richemont posts sales beat as jewelry shines amid luxury malaise

CNBC
Summary
Nutrition label

81% Informative

Cartier owner Richemont posts better-than-expected fiscal fourth-quarter sales.

Revenues at Swiss luxury group rose 7% year-on-year at constant exchange rates to 5.17 billion euros.

Full-year sales rose 4% to 21.4 billion euros, up on the previous year and just ahead of analyst expectations.

Japan led annual sales growth, up 25% at actual exchange rates, buoyed by "strong domestic and tourist spend".

VR Score

92

Informative language

97

Neutral language

72

Article tone

formal

Language

English

Language complexity

58

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links