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4-Traders Homepage  >  Equities  >  Swiss Exchange  >  Compagnie Financière Richemont    CFR   CH0210483332

COMPAGNIE FINANCIÈRE RICHEMONT (CFR)
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DECISIONS OF THE RICHEMONT ANNUAL GENERAL MEETING

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09/13/2017 | 11:05am CEST

COMPANY ANNOUNCEMENT - 13 SEPTEMBER 2017

(EMBARGOED FOR RELEASE AT 11h00 CET)

DECISIONS OF THE RICHEMONT ANNUAL GENERAL MEETING

At the Annual General Meeting of Compagnie Financière Richemont SA held today in Geneva, the shareholders approved the results for the year, including the proposals of the board of directors for the appropriation of retained earnings at 31 March 2017.

A dividend of CHF 1.800 per share will be paid on the listed 'A' registered shares and a dividend of CHF 0.180 per share will be paid on the unlisted 'B' registered shares of the Company. The dividend in respect of the 'A' shares will be payable on 22 September 2017, free of charges but subject to Swiss withholding tax at the rate of 35 %. The remaining available retained earnings of the Company, after payment of the dividend, are to be carried forward to the next business year.

All other matters on the agenda were also approved by the shareholders by an overwhelming majority.

__________________________________________

Investor and Media contact

Sophie Cagnard

Group Corporate Communications Director

James Fraser

IR Executive

Investor relations

Tel: +41 (0) 22 721 30 03

E-mail:

[email protected]

Press enquiries

Tel: +41 (0) 22 721 35 07

E-mail:

[email protected];

[email protected]

Richemont 'A' shares are listed on the SIX Swiss Exchange, Richemont's primary listing, and are included in the Swiss Market Index ('SMI') of leading stocks. Richemont South African Depository Receipts are listed in Johannesburg, Richemont's secondary listing.

Compagnie Financière Richemont SA

50, Chemin de la Chênaie cp 30 1293 Bellevue - Geneva Switzerland

Telephone +41 (0)22 721 3500 Telefax +41 (0)22 721 3550 www.richemont.com




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Financials (€)
Sales 2019 14 011 M
EBIT 2019 2 407 M
Net income 2019 2 171 M
Finance 2019 3 793 M
Yield 2019 2,46%
P/E ratio 2019 18,25
P/E ratio 2020 20,10
EV / Sales 2019 2,55x
EV / Sales 2020 2,28x
Capitalization 39 587 M
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Compagnie Financière Riche Technical Analysis Chart | CFR | CH0210483332 | 4-Traders
Technical analysis trends COMPAGNIE FINANCIÈRE RICHE
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 84,0 €
Spread / Average Target 11%
EPS Revisions
Managers
NameTitle
Johann Peter Rupert Executive Chairman
Jérôme Lambert Chief Operating Officer & Director
Burkhart Grund Chief Financial Officer & Director
Alan Grant Quasha Non-Executive Director
Jan Rupert Non-Executive Director
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