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Richemont Results Tarnished by China, Hong Kong

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Financial highlights   Sales grew by 2 % to € 5 430 million and by 4 % at constant exchange rates Performance varied across regions and product lines Operating profit decreased by 4 % to € 1 311 million, reflecting volatile trading conditions and unfavourable currency movements Operating margin declined by 160 basis points to 24.1 % Profit…

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