| |
| | www.mineweb.net | sections | gold & silver Demand for luxury goods pumps demand for gold and gems (Site not responding. Last check: ) |
 | | Richemont’s actual five-month figures were met with resounding applause in Switzerland, where, for instance, analysts at Zuercher Kantonalbank hailed the outcome for Richemont’s watches product segment, and in geographical areas, Japan, where sales rose by a “surprising” 11% in constant currency terms. |
 | | Richemont, however, appears to stand out; according to Smith Barney, the group owns “better revenue drivers than average,” along with medium-term geographic immaturity (an advantage), and positive operating leverage. |
 | | Richemont boasted operating margins of around 16% in the 1994-1999 period, and 19.3% in 2000. |
| www.mineweb.net /sections/gold_silver/486855.htm (929 words) |
|