The group has released healthy FY19 results, broadly in line with market expectations. The remarkable performance in Fashion & leather division has continued to be the growth engine, highlighting the persistently strong demand for LV and Christian Dior. However, the group has not given any indication of how the Coronavirus will affect its activity in China and beyond. China accounts for a third of the group’s business, the unpredictable consequence of the epidemic is our main concer
29 Jan 2020
New revenue records for 2019, cloudy outlook for 2020
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New revenue records for 2019, cloudy outlook for 2020
LVMH Moet Hennessy Louis Vuitton SE (MC:WBO) | 0 0 0.9% | Mkt Cap: 125,021m
- Published:
29 Jan 2020 -
Author:
Jie Zhang -
Pages:
3
The group has released healthy FY19 results, broadly in line with market expectations. The remarkable performance in Fashion & leather division has continued to be the growth engine, highlighting the persistently strong demand for LV and Christian Dior. However, the group has not given any indication of how the Coronavirus will affect its activity in China and beyond. China accounts for a third of the group’s business, the unpredictable consequence of the epidemic is our main concer