LVMH : Not much to be worried about in H1, we are confident for what comes next
>No shift in the message, H1 results should be decent despite China, marginal adjustments to our forecasts - The group’s message has not changed with Q2 now coming to a close. China had a negative impact in the first two months of the quarter and seems to be recovering moderately in June, demand remained robust everywhere else with a pick-up in tourism in Europe, a still favourable base of comparison in Japan and local demand remaining dynamic in the US. The group ha...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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