CFR - Compagnie Financière Richemont

Nov 21, 2024 at 23:41 Twitter · Facebook

CFR share price on Johannesburg Stock Exchange

Compagnie Financière Richemont, commonly known simply as Richemont, is a luxury goods conglomerate that owns a portfolio of international Maisons recognized for their distinctive heritage, craftsmanship, and creativity. The company’s interests encompass several of the most prestigious names in the luxury industry, with over 20 brands. Jewellery and watch brands make up 70% of sales, but the group is also active in accessories, writing instruments, clothing, and online luxury retail.

Richemont operates in the following four primary business areas:

1. Jewellery Maisons: Buccellati, Cartier, Van Cleef & Arpels.
2. Specialist Watchmakers: A. Lange & Sohne, Baume & Mercier, IWC Schaffhausen, Jaeger-LeCoultre, Panerai, Piaget, Roger Dubuis and Vacheron Constantin.
3. Online Distributors: Watchfinder & Co. and YOOX NET-A-PORTER GROUP (NET-A-PORTER, MR PORTER, YOOX, THE OUTNET).
4. Fashion & Accessories Maisons: Alaia, AZ Factory, Chloe, dunhill, Montblanc, Peter Millar, Purdey and Serapian.

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 is listed on the Johannesburg Stock Exchange (JSE). Compagnie Financière Richemont is traded on the JSE under the ticker symbol “CFR”. The International Securities Identification Number (ISIN) of JSE:CFR is CH0045159024. Compagnie Financière Richemont is currently the fifth most valuable stock on the JSE with a market capitalization of ZAR 1.28 trillion, which is about 6.51% of the Johannesburg Stock Exchange equity market.

CFR Stock Market Performance

The current share price of Compagnie Financière Richemont (CFR) is ZAR 2,382.03. CFR closed its last trading day (Thursday, November 21, 2024) at 2,382.03 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 1.9% drop from its previous closing price of 2,428.00 ZAR. Compagnie Financière Richemont began the year with a share price of 2,567.61 ZAR but has since lost 7.23% off that price valuation, ranking it 331st on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that CFR has lost 9% of the stock’s value from October 24th to date.

Compagnie Financière Richemont is the 148th most traded stock on the Johannesburg Stock Exchange over the past three months (Aug 26 - Nov 21, 2024). CFR has traded a total volume of 12 million shares—in 250,448 deals—valued at ZAR 30.7 billion over the period, with an average of 190,729 traded shares per session. A volume high of 633,941 was achieved on September 19th, and a low of 46,134 on November 18th, for the same period. The table below details the last 10 trading days of activity of Compagnie Financière Richemont on the Johannesburg Stock Exchange.

Profile of Compagnie Financière Richemont SA

Compagnie Financière Richemont SA was founded on October 18, 2002 and operates in the Consumer Goods sector, specifically, the Personal Goods industry. Compagnie Financière Richemont SA contracts an estimated total number of 35,657 employees.

CFR Industrial Market Competitors

Compagnie Financière Richemont SA, issuers of the CFR stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Consumer Goods sector and/or Personal Goods industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange