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Richemont: Results for the year ended 31 March 2007

May 2007


Richemont, the Swiss luxury goods group, announces its audited results for the year ended 31 March 2007.

Financial highlights

•Sales increased by 12 per cent to € 4 827 million.

•Operating profit from the luxury goods businesses increased by 24 per cent to € 916 million.
Excluding non-recurring items, operating profit increased by 26 per cent to € 900 million.

•Net profit, including the Group’s share of the results of British American Tobacco, increased by 21
per cent to € 1 329 million. Excluding the impact of non-recurring items in both years, net profit
attributable to unitholders increased by 21 per cent to € 1 350 million.

•Cash generated by the Group’s luxury goods operations was € 970 million.

•The overall dividend for the year, at € 1.25 per unit, represents an increase of 14 per cent.

To read the complete trading statement, click here:
http://www.richemont.com/files/press/bis_bis_bis_results_for_the_year_ended_31st_march_2007.pdf

Source: Compagnie Financière Richemont SA

www.richemont.com