Company Compagnie Financière Richemont S.A.
Country Germany
Email info@glashuette-original.com.
Telephone n.a.
Market Segment Luxury
Core Business Watches

Glashütte Original Financial Report 2018

 
 

Compagnie Financière Richemont S.A. Financial Report

Income Statement Trend

Total Revenue

It includes the overall revenue of the company, considering not only the sales of finished goods, but all of the sources of the company income.

Operating Margin

Also known as ROS - Return on Sales, it measures the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted. The figure is about the latest fiscal year available.

Net Profitability

It's a measure of a company's overall profitability, i.e. how much of its sales are converting to profit. The value given is the amount of sales needed to generate one currency unit of post tax profit. Negative values mean that the company has a negative level of post tax profit. The figure is about the latest fiscal year available.

Profit Ratio

It's a key measure of success. The profit ratio measures the amount of profit generated by each single currency unit of sales. The figure is about the latest fiscal year available.

Income Statement Highlights

in Millions of EUR20182017Δ
2018/2017
2016Δ
2017/2016
2014Δ
2016/2014
CAGR
Total Revenue        
Cost of Sales        
Gross Profit        
Operating Income        
Net Income        

Balance Sheet Highlights

in Millions of EUR20182017Δ
2018/2017
2016Δ
2017/2016
2014Δ
2016/2014
CAGR
Current Assets        
Total Assets        
Current Liabilities        
Equity        

Net Sales by Country

in Millions of EUR20182017Δ
2018/2017
2016Δ
2017/2016
2015Δ
2016/2015
CAGR
Asia        
Europe        
Americas        
Japan        
Middle East        

Compagnie Financière Richemont S.A. Annual Report

Official Websites

Glashütte Original website
Glashütte Original ecommerce

Brand doesn't have an official ecommerce

Official Social Media

Brand Description

Establishment

Year
1845
City
n.a.
Country
Germany

Founder

Ferdinand Adolph Lange

Designer

Team of designers

Profile

MORE THAN 165 YEARS OF GLASHÜTTE WATCHMAKING TRADITION
The continuing development of watchmaking since its first stirrings has contributed in a significant way to the contemporary success of the Glashütte Original brand. Equipped with a loan from the Saxon government, in 1845 Ferdinand Adolph Lange founded the first watch firm in Glashütte – a location that for almost four centuries had been marked principally by its silver mining. The goal of the new undertaking was to create an independent Saxon watch industry.

MORE THAN 165 YEARS OF GLASHÜTTE WATCHMAKING TRADITION
The continuing development of watchmaking since its first stirrings has contributed in a significant way to the contemporary success of the Glashütte Original brand. Equipped with a loan from the Saxon government, in 1845 Ferdinand Adolph Lange founded the first watch firm in Glashütte – a location that for almost four centuries had been marked principally by its silver mining. The goal of the new undertaking was to create an independent Saxon watch industry.


GREAT MASTER WATCHMAKERS COME TO GLASHÜTTE
In the fifties the arrival of such masters of their craft such as Adolph Schneider, Moritz Großmann and Julius Assmann as well generated a great deal of enthusiasm. Over the course of several decades, many timepieces from Assmann’s "German Precision Pocket Watch Factory" won prizes around the world. Their proven accuracy was reason enough for the Norwegian polar explorer Roald Amundsen to purchase an Assmann observation watch in 1910; one year later he was the first person to reach the geographic South Pole.



Business Strategy

Market Positioning

Luxury

Core Business

Watches

Target

Men
Women

Product Categories

Watches
 

Compagnie Financière Richemont S.A. profile

Name Compagnie Financière Richemont S.A.
Website richemont.com
Country Switzerland
VAT Number n.a.
Telephone +41 22 715 35 00
Fax +41 22 715 35 50
Date of foundation 1988
Type of Company Listed

Headquarters

50, chemin de la Chênaie 1293 - Bellevue, Geneva

Ownership (Top Shareholders)

Columbia Management Investment Adv LLC: 0.52%
Columbia Marsico Growth A: 0.32%
Prudential Investments LLC: 0.30%
AST Marsico Capital Growth: 0.22%
Columbia VP Marsico Growth Fd 2: 0.16%
ING Marsico Growth Port S: 0.07%
Directed Services LLC: 0.07%
Marsico Capital Management, LLC: 0.06%
Northern Trust Co Of Connecticut: 0.06%
Marsico Growth: 0.06%
AST Advanced Strategies: 0.06%
 

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