Richemont (CFR SW) Q3 2025 (EUR): Sales at constant FX +11% (exp. 7.5%); Revenue 6.4bln (exp. 6.25bln)
Richemont's Q3 sales performance has significantly outstripped expectations, with an impressive +11% increase at constant FX versus the 7.5% forecast.
Richemont (CFR SW) says sales in China, Hong Kong, and Macau combined were +2% Y/Y, mostly led by solid activity in Hong Kong
TSMC (2330 TT) guides Q1 Revenue between USD 34.6-35.8bln (exp. 33.2bln), guides Gross Margin between 63-65% (exp. 59.6%), sees Operating Margin between 54-56% (exp. 50%), 2026 CapEx to come in between 52-56bln (prev. 40.9bln in 2025)
Richemont (CFR SW) Q3 2025 (EUR): Sales at constant FX +11% (exp. 7.5%); Revenue 6.4bln (exp. 6.25bln)
ECB's Kazaks says policy rates are optimally positioned as inflation trends improve
TSMC (2330 TT) Q4 2025 (TWD): Net Profit 505.7bln (exp. 467bln), Revenue 1.046tln (exp. 868.46bln), CapEx USD 40.9bln (exp. USD 40-42bln)
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This strong revenue of €6.4 billion against the €6.25 billion expected suggests robust demand, particularly in their luxury sector, which may bolster investor confidence and support further upside in the stock as well as the broader luxury goods market.
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