LVMH : Mode et Maroquinerie bénéficie d’un retour spectaculaire de la croissance et de la marge au S2
>CA Mode et Maroquinerie à +18% au T4, l’EBIT groupe progresse de +7% y/y sur S2 - L’EBIT groupe ressort pour l’ensemble de 2020 à 8 305 M€, c’est près de 15% au-dessus de nos attentes et plus de 10% au-dessus de celles du consensus (cf .tableau détaillé ci-après), ce qui traduit une progression y/y de +7% sur le seul S2 et un bon contrôle du BFR et des investissements permet du coup au groupe de générer du cash en dépit du recul fort des résultats sur le S1, la dette...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.
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.
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