Sharenet Sites 
Sharenet Sites
Strong trading indicates likely increase in operating and net profit for first half year
Compagnie Financière Richemont SA Depositary Receipts
issued by Richemont Securities SA
(Incorporated in Switzerland)
ISIN: CH0045159024
Depositary Receipt Code: CFR
COMPANY ANNOUNCEMENT FOR IMMEDIATE RELEASE
Strong trading indicates likely increase in operating and net profit for first half year of between 20% and 40% against the comparative prior period
SIX Swiss Exchange requires that issuers make an announcement without delay where the foreseeable profit or loss for a given period is expected to deviate significantly from the profit or loss achieved in the prior-year period. Both significant falls and increases in the anticipated profit or loss require the publication of an ad hoc notice to the market. In accordance with these requirements Richemont makes the following announcement:
Trading for the four months ended July 2012 showed sales rising 24 % on a reported basis and 13 % on a constant currency basis against the comparative period. On this basis, Richemonts operating profit for the six months ending 30 September 2012 is likely to show an increase of between 20 % and 40 % compared to the first six months of the last financial year. Net profit for the same period may increase by between 20 % and 40 %.
Many factors driving these results are uncertain and beyond the Groups control and may therefore lead to actual levels of profit growth for the six month period below or above the ranges indicated. Those uncertain factors include the level of trading during August and September 2012 and the impact of exchange rate movements on the Groups results. Specifically, exchange rate movements may significantly impact net financial income / expense and therefore net profit for the period.
Corporate calendar
The Groups sales for the five months ending 31 August 2012 will be announced on 5 September 2012, at the time of the Companys annual general meeting.
The Groups results for the six months ending 30 September 2012 will be announced on 9 November 2012.
Press enquiries
Alan Grieve
Director of Corporate Affairs
Tel: +41 22 721 3507
E-mail: pressoffice@cfrinfo.net
Analysts' enquiries
Sophie Cagnard
Head of Investor Relations
Tel: +33 1 58 18 25 97
E-mail: investor.relations@cfrinfo.net
Richemont A shares are listed on the SIX Swiss Exchange, Richemonts primary listing, and are included in the Swiss Market Index ('SMI') of leading stocks. Richemont South African Depository Receipts are listed in Johannesburg, Richemonts secondary listing.
Cautionary statement regarding forward-looking statements
This document contains forward-looking statements as that term is defined in the United States Private Securities Litigation Reform Act of 1995. Words such as may, should, estimate, project, plan, believe, expect, anticipate, intend, potential, goal, strategy, target, will, seek and similar expressions may identify forward-looking statements. Such forward-looking statements are not guarantees of future performance. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are outside the Groups control.
Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)
Compagnie Financière Richemont SA
50, Chemin de la Chênaie CP30 CH-1293 Bellevue - Geneva Switzerland
Telephone +41 (0)22 721 3500 Telefax +41 (0)22 721 3550
www.richemont.com
6 AUGUST 2012
Date: 06/08/2012 07:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
