Report
Jean Danjou

LVMH : Mode et Maroquinerie a vraiment renversé la table sur le T3

>M&M en croissance de 12% en org. sur le T3, le reste est sans vraie surprise - Les revenus de LVMH pour le T3 créent la surprise en s’affichant à 11 955 M€ soit -7% en organique, battant notre prévision ainsi que celle du consensus le plus récent à respectivement 11 651 M€ (-9% org.) et 11 240 M€ (-12% org.). Il n’y a pas à chercher bien loin pour trouver l’explication : la division Mode et Maroquinerie sort en croissance org à +12% y/y atteignant des ventes de 5 94...
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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