{"id":1948,"date":"2026-11-10T15:39:36","date_gmt":"2026-11-10T15:39:36","guid":{"rendered":"https:\/\/baarda.ch\/?p=1948"},"modified":"2026-11-10T15:39:36","modified_gmt":"2026-11-10T15:39:36","slug":"reint-jelger-gem-do-you-think-compagnie-financiere-richemont-sa-makes-more-than-a-1000-franks-profit-a-year","status":"publish","type":"post","link":"https:\/\/baarda.ch\/?p=1948","title":{"rendered":"Reint Jelger: Gem, do you think Compagnie Financi\u00e8re Richemont SA makes more than a 1000 Franks profit a year?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Google Gemini: Yes, Compagnie Financi\u00e8re Richemont SA makes far more than 1,000 Swiss Francs in profit a year. In fact, it generates billions of Euros (and Francs) annually.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the 2026 financial year, Richemont reported:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Operating Profit:<\/strong> <strong>\u20ac4.5 billion<\/strong> (~CHF 4.3 billion)<\/li>\n\n\n\n<li><strong>Net Profit:<\/strong> <strong>\u20ac3.5 billion<\/strong> (~CHF 3.3 billion)<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Even on a single-share level, the company pays an annual dividend of <strong>CHF 3.30 per share<\/strong> (plus extra special dividends), totaling over <strong>CHF 2 billion<\/strong> returned directly to shareholders each year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/baarda.ch\/wp-content\/uploads\/2026\/11\/afbeelding-42.png\" alt=\"\" class=\"wp-image-1949\" srcset=\"https:\/\/baarda.ch\/wp-content\/uploads\/2026\/11\/afbeelding-42.png 1024w, https:\/\/baarda.ch\/wp-content\/uploads\/2026\/11\/afbeelding-42-300x164.png 300w, https:\/\/baarda.ch\/wp-content\/uploads\/2026\/11\/afbeelding-42-768x419.png 768w, https:\/\/baarda.ch\/wp-content\/uploads\/2026\/11\/afbeelding-42-500x273.png 500w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Gemini: Compagnie Financi\u00e8re Richemont SA is the <strong>100% owner<\/strong> of Van Cleef &amp; Arpels.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here is how the connection breaks down:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Ownership:<\/strong> Richemont initially acquired a controlling 60% stake in the French high-jewelry Maison in 1999 and bought out the remaining shares to take full 100% ownership in 2003.<\/li>\n\n\n\n<li><strong>Core Revenue Driver:<\/strong> Along with Cartier, Van Cleef &amp; Arpels forms the core of Richemont\u2019s <strong>Jewellery Maisons<\/strong> division. It generates billions of euros in revenue each year and stands as one of the conglomerate&#8217;s most profitable assets.<\/li>\n\n\n\n<li><strong>Leadership Tie:<\/strong> The relationship is so central to the group that Nicolas Bos, who spent over a decade serving as President &amp; CEO of Van Cleef &amp; Arpels, was appointed as the overall <strong>Chief Executive Officer (CEO) of Compagnie Financi\u00e8re Richemont SA<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Reint Jelger: I see the price of one share is currently: 174,70 CHF, what if someone would buy one, would they then be co-owner of Compagnie Financi\u00e8re Richemont SA?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Gemini: Yes, purchasing one <strong>A share<\/strong> of Compagnie Financi\u00e8re Richemont SA legally makes you a fractional co-owner (shareholder) of the company.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Holding even a single share grants specific legal ownership rights:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Proportional Equity Claim:<\/strong> You own approximately 1 out of the ~537.6 million outstanding A shares. You hold a micro-fraction of everything the parent company owns, including its brand portfolio (Cartier, Van Cleef &amp; Arpels, IWC, Montblanc) and net assets.<\/li>\n\n\n\n<li><strong>Dividend Rights:<\/strong> You are entitled to receive any dividend voted on by the board.<\/li>\n\n\n\n<li><strong>Voting Rights &amp; AGM Access:<\/strong> You have the right to register the share in your name, vote at the Annual General Meeting (AGM), or appoint a proxy to vote on your behalf.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Compagnie Financi\u00e8re Richemont SA reports its official financial numbers in Euros (\u20ac)<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While it is a Swiss company headquartered in Bellevue (Geneva) with its primary stock listing in Swiss Francs (CHF) on the SIX Swiss Exchange, its accounting structure uses two distinct currencies:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Reporting Currency (Euros):<\/strong> Richemont presents its consolidated financial statements in Euros. Because a vast portion of its global sales, operations, and key European Maisons (such as Cartier, Van Cleef &amp; Arpels, and Buccellati) are tied to the Eurozone, using the Euro provides a clearer picture of its underlying operational performance.<\/li>\n\n\n\n<li><strong>Dividend Currency (Swiss Francs):<\/strong> Dividends proposed by the Board of Directors and paid out to shareholders are declared and distributed in Swiss Francs.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/baarda.ch\/wp-content\/uploads\/2026\/11\/afbeelding-43.png\" alt=\"\" class=\"wp-image-1950\" srcset=\"https:\/\/baarda.ch\/wp-content\/uploads\/2026\/11\/afbeelding-43.png 1024w, https:\/\/baarda.ch\/wp-content\/uploads\/2026\/11\/afbeelding-43-300x164.png 300w, https:\/\/baarda.ch\/wp-content\/uploads\/2026\/11\/afbeelding-43-768x419.png 768w, https:\/\/baarda.ch\/wp-content\/uploads\/2026\/11\/afbeelding-43-500x273.png 500w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Google Gemini: Yes, Compagnie Financi\u00e8re Richemont SA makes far more than 1,000 Swiss Francs in profit a year. In fact, it generates billions of Euros (and Francs) annually. In the 2026 financial year, Richemont reported: Even on a single-share level, &hellip; <a href=\"https:\/\/baarda.ch\/?p=1948\">Weiterlesen <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1948","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/baarda.ch\/index.php?rest_route=\/wp\/v2\/posts\/1948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/baarda.ch\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/baarda.ch\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/baarda.ch\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/baarda.ch\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1948"}],"version-history":[{"count":1,"href":"https:\/\/baarda.ch\/index.php?rest_route=\/wp\/v2\/posts\/1948\/revisions"}],"predecessor-version":[{"id":1951,"href":"https:\/\/baarda.ch\/index.php?rest_route=\/wp\/v2\/posts\/1948\/revisions\/1951"}],"wp:attachment":[{"href":"https:\/\/baarda.ch\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/baarda.ch\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/baarda.ch\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}