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MC Lvmh Moet Hennessy Louis Vuitton SE

767.00
-7.40 (-0.96%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Lvmh Moet Hennessy Louis Vuitton SE EU:MC Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -7.40 -0.96% 767.00 765.10 775.00 780.50 765.00 780.00 233,167 02:01:49

French Luxury Goods Retailer LVMH 1Q Sales EUR9.9 Billion, Up 15% on Year

10/04/2017 6:29pm

Dow Jones News


Lvmh Moet Hennessy Louis... (EU:MC)
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By Matthew Dalton

 

PARIS -- French luxury conglomerate LVMH Moët Hennessy Louis Vuitton said Monday first-quarter revenue surged 15%, fueled by strong sales across the company's empire of luxury brands.

Revenue for the quarter was EUR9.9 billion, beating analyst expectations of EUR9.5 billion. Adjusting for currency effects, that was a 13% increase compared to the same period a year ago.

LVMH's fashion and leather-goods division -- including its flagship Louis Vuitton brand -- led the way, with sales rising 15% to EUR3.4 billion.

LVMH's brands include spirits such as Hennessy Cognac, fashion-label Celine and the high-end watchmaker Hublot.

 

Write to Matthew Dalton at matthew.dalton@wsj.com

 

(END) Dow Jones Newswires

April 10, 2017 13:14 ET (17:14 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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