LVMH (LVMUY) Reports "Excellent" First Half - Revenue Rises 21%
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LVMH Q2 sales climb 19%, offsetting slower China
July 26, 2022 11:59 AM EDT(Corrects first paragraph to say robust growth in U.S. and Europe, not U.S. and China)
PARIS (Reuters) - Sales at LVMH, the world's largest luxury group, rose by 19% in the three months to June, as robust growth in the U.S. and Europe helped it offset a new round of lockdowns in China.
LVMH, which owns dozens of high... More
LVMH (LVMUY) recorded first-half revenue of EUR36.7M
July 26, 2022 11:47 AM EDTLVMH (OTC: LVMUY) recorded revenue of 36.7 billion in the first half of 2022, up 28% compared to the same period in 2021. Organic revenue growth was 21%. All business groups achieved double-digit organic revenue growth over the period.
In the second quarter, revenue increased by 27% against a particularly high basis of comparison. Organic revenue... More
