Le prix de l'excellence - ACHAT - OC 265€ (vs 256€)
Ce n’est plus un simple rattrapage mais un cycle de croissance affirmé dans lequel LVMH est bien embarqué. Les ventes du T3 ont non seulement maintenu la tendance du S1 (+12% en organique), mais confirmé une trajectoire encore ascendante sur 2 ans à près de +20%. Le pôle emblématique de la Mode et Maroquinerie incluant pour la 1ere fois CD Couture, progresse quant à lui de +14% au T3, performance magistrale en regard de l’audience de la marque LV dont les frontières de la maturité sont sans cesse repoussées à travers un renouvellement/enrichissement permanent de l’offre favorisant la croissance des nouveaux prescripteurs que sont les millenials. Signe qui ne trompe pas, la performance du groupe est remarquablement équilibrée suivant les branches à l’exception des Vins et Spirits.LVMH Moet Hennessy Louis Vuitton is a manufacturer and retailer of luxury goods. Co. offers champagne and wines, cognac and spirits, fashion and leather goods, perfumes and cosmetics, watches and jewelery; and is engaged in selective retailing. Its operations are organized along five business segments: Wine and Spirits, Fashion and Leather Goods, Perfumes and Cosmetics, Watches and Jewelery, and Selective Retailing. Co. is also engaged in other activities (Media with Les Echos group, La Samaritaine and Luxury yacht with Royal Van Lent). Some of Co.'s brands are Moet & Chandon, Dom Perignon, Louis Vuitton, Fendi, Donna Karan, Parfums Christian Dior, Guerlain, Parfums Givenchy, and TAG Heuer.
Since 2006, Invest Securities has become one of the leading players in investment services for funds and managers, to whom we offer a global and personalised service. Our track record differentiates us and proves our leadership in numerous promising sectors like property and growth companies.
Consisting of 13 different profiles (pharmacist, engineer, financier, etc), the DNA of our financial analysis office is value added and sector expertise. Through daily monitoring and detailed analyses of companies and sectors, we seek to provide a differentiating vision of our 120 stocks followed. Our ideas are circulated every day to nearly 1,000 professionals.
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