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Richemont Releases Its 6 Months Financial Results

  • forum 4 replies
  • last reply by shing 15 Nov 2011
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    Michael Friedberg
    Moderator 11468 posts
    14 Nov 2011, 11:22 p.m. 14 Nov 2011, 11:22 p.m.
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    ...and they are staggeringly good. For the Press Release showing a summary of the unaudited numbers, please click here.

    As you may know, IWC is a division of Richemont and not a separate entity. As such it doesn't report its own results. However, based on discussions I've had with management, I can tell you that the company is doing very well.

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    dzul
    Master 3984 posts
    15 Nov 2011, 2:14 a.m. 15 Nov 2011, 2:14 a.m.
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    ...very well by the looks of the linked balance sheet!

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    Mr. Tonny Berteloot
    Moderator 3566 posts
    15 Nov 2011, 7:56 a.m. 15 Nov 2011, 7:56 a.m.
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    Found a new argument for buying a new IWC ; first buy some stock from Richemont, then buy a new IWC and when your wife asks why you bought yet another IWC, you can say " it is for our own good, so I get more profit on my stock."

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    8541
    Master 4484 posts
    15 Nov 2011, 9:04 a.m. 15 Nov 2011, 9:04 a.m.
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    and pleased to know that we all somehow in one way, manner or form contributed to these positive results :~)

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    Shing
    Master 2998 posts
    15 Nov 2011, 9:38 a.m. 15 Nov 2011, 9:38 a.m.
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    great to hear, and glad to know we helped !

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