Report
Jean Danjou

LVMH : Suivez le leader

>Fin d’année sans inquiétude, croissance attendue modérée sur 2023 : le groupe va continuer à s’appuyer sur la force de ses marques - Après l’excellente progression affichée sur le T3 pour les ventes des valeurs de luxe européennes (+19% y/y tcc, la division phare de LVMH Mode et Maroquinerie étant sortie elle à +22%), les attentes sont à présent plus modestes pour le T4 au vu d’une Chine qui aura rebasculé en négatif et d’une normalisation inéluctable des rythmes de...
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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