India, May 22 -- Compagnie Financiere Richemont AG (CFRUY,CFRHF), a Swiss luxury goods company, reported Friday higher net profit in fiscal 2026, while profit from continuing operations declined from last year, despite sales growth. The firm further announced higher dividend.
In fiscal 2026, profit attributable to owners of the parent company climbed to 3.48 billion euros from last year's 2.75 billion euros.
Earnings per share were 5.909 euros, up 27 percent from 4.671 euros last year.
Profit for the year from continuing operations was 3.46 billion euros, down 8 percent from 3.76 billion euros a year ago. Operating profit dropped 1 percent year-over-year to 4.49 billion euros. Operating margin was 20.0 percent, down from 20.9 percent las...