Report
Jean Danjou

LVMH : Forte accélération de la croissance au T1 avec le redémarrage confirmé de la Chine

>Croissance organique T1 au-delà des 15% : +18% pour Mode et Maroquinerie, +17% groupe - LVMH publie un CA T1 atteignant 21 035 M€ soit une croissance organique de 17% (on était à +9% au T4). Nous attendions +8% à 19 969 M€ et le consensus Visible Alpha le plus récent s’élevait à 19 915 M€. La publication bat donc les attentes de près de 6%, un écart notable, et extériorise une croissance d’ensemble au-delà des 15%, témoignant d’un momentum fort. Par zone géographiqu...
Underlying
LVMH Moet Hennessy Louis Vuitton SE

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.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Jean Danjou

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