Richemont sales rose by 4% at constant exchange rates for the final three months of 2019 to €4.16 billion, and by 6% once favorable exchange rates boosted turnover for the French luxury group.
Specialist watchmakers, which includes timepieces from IWC, Cartier, Jaeger-LeCoultre, Piaget and Panerai, notched a 2% increase in sales to €818 million for the quarter.
The United States and Europe saw sales rise fasted, by 5% and 9% respectively.
Sales in Asia Pacific increased by 2%, driven by strong double digit sales growth in China and Korea, which offset a severe sales contraction in the protest-hit Hong Kong, the company reports.
Japan revenue dropped by 7%, impacted by lower tourist spending given a comparatively stronger Japanese yen.