Börse Express – LVMH luxury goods group earns much more thanks to strong demand

The French luxury group LVMH
was in the first half thanks to dynamic business
Watches and jewelry completed with a big jump of profit.
While sales in the previous year period of ten
The percentage has reached 21.8 billion euros, the surplus put in 41
Percent to 3.0 billion euros, as the company with brands
like Louis Vuitton, Moët, Hennessy and Fendi on Tuesday night at
Paris has announced. The company has also exceeded expectations
by badysts.

There was also fashion, handbags and perfume
significant growth. Here, the unfavorable exchange rates further slowed down the
The current uptrend. If we calculate this effect and the end of the
Concession activity at Hong Kong airport, sales would be
At the group level, up 14%. Operating profit increased in the
continued its growth of 28% to 4.65 billion euros.

Sales in Asia and the United States
it was said. But there has also been good growth in Europe./stw/he

 ISIN FR0000121014

AXC0238 2018-07-24 / 18: 21

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