Compagnie Financiere Richemont SA announced unaudited sales results for the third quarter and nine months ended December 31, 2015. For the quarter, the company reported total sales of EUR 2,927 million against EUR 2,835 million a year ago.

For the nine months, the company reported total sales of EUR 8,748 million against EUR 7,908 million a year ago.

For the full year ending March 31, 2016, the company expects operating profit as a whole will also be negatively affected on a comparative basis by the property disposal gain of EUR 234 million recorded in the year ended 31 March 2015. Net profit for the year will benefit on a comparative basis from the non-cash gain of some EUR 620 million announced in October 2015 relating to the merger of The NET-A-PORTER GROUP with YOOX Group.