LVMH has well done in Q4, stepping up its sales by 9% lfl. Full-year organic growth came to 11% and full-year sales amounted to €46.8bn. The recurring operating margin increased by 190bp to 21.4%, returning a recurring operating profit of €10bn (+20.6%). The dividend to be distributed is €6 per share (+20% yoy).
30 Jan 2019
2018 was a strong year, LV handbags are still running the show
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2018 was a strong year, LV handbags are still running the show
LVMH Moet Hennessy Louis Vuitton SE (MC:WBO) | 0 0 0.9% | Mkt Cap: 125,021m
- Published:
30 Jan 2019 -
Author:
Rim BEN SALAH -
Pages:
3
LVMH has well done in Q4, stepping up its sales by 9% lfl. Full-year organic growth came to 11% and full-year sales amounted to €46.8bn. The recurring operating margin increased by 190bp to 21.4%, returning a recurring operating profit of €10bn (+20.6%). The dividend to be distributed is €6 per share (+20% yoy).