By  on May 15, 2014

LONDON — Canny management at Compagnie Financière Richemont, parent of brands including Cartier, Dunhill and Van Cleef & Arpels, counteracted currency headwinds last year, and analysts say the future is looking rosy.

Full-year profits edged up 3.1 percent to 2.07 billion euros, or $2.77 billion, boosted by hedging gains in what remains a challenging environment for brands doing business in powerful currencies.

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