LVMH Moet Hennessy Louis Vuitton SE

MC

Equity

ISIN FR0000121014 / Valor 507170

Euronext - Euronext Paris (2024-12-23)

EUR 629.20+0.18%

LVMH Moet Hennessy Louis Vuitton SE
UMushroom community rating:

4.38 8 votes No rating yet

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About company

LVMH Moet Hennessy Louis Vuitton SE, established in 1987, is a global luxury conglomerate with over 75 prestigious Maisons operating in various sectors including Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, and Selective Retailing. With a workforce of over 213,000 employees worldwide, the company reported sales of 86.2 billion euros in 2023. LVMH is renowned for its creative innovation and commitment to excellence, driving long-term growth for its Maisons while preserving their unique identities. As a leader in the luxury market, LVMH embodies a vision of refined living through its diverse portfolio of high-quality products.

Summarized from source with an LLMView SourceSector: Business Services

Revenue Growth

LVMH Moet Hennessy Louis Vuitton SE reported a revenue of €86,153 million for the third quarter of 2023, marking a 9% increase compared to the same period in 2022. This growth was driven by strong performances across various business segments, particularly in Fashion and Leather Goods.

Profit from Recurring Operations

The profit from recurring operations for LVMH in Q3 2023 reached €22,802 million, up from €21,055 million in the previous year. This increase reflects the company's ability to maintain profitability while expanding its global footprint and enhancing its product offerings.

Fashion and Leather Goods Performance

In the third quarter of 2023, the Fashion and Leather Goods segment of LVMH generated €42,169 million in revenue, a 9% increase from the previous year. This segment continues to be a major contributor to the group's overall financial success, driven by iconic brands like Louis Vuitton and Dior.

Wines and Spirits Segment

The Wines and Spirits segment reported a revenue of €6,602 million in Q3 2023, which represents a 7% decrease compared to the same quarter in 2022. Despite the decline, the segment remains a key part of LVMH's diverse portfolio, with brands like Moët & Chandon and Hennessy leading the market.

Geographic Revenue Distribution

For the third quarter of 2023, LVMH's revenue distribution by geographic region showed strong performance in Asia (excluding Japan) and Europe (excluding France), contributing significantly to the overall revenue growth. The United States also remained a vital market, reflecting the global appeal of LVMH's luxury offerings.

Summarized from source with an LLMView Source

Key figures

-14.7%1Y

-12.9%3Y

52.1%5Y

Performance

27.8%1Y

29.2%3Y

29.8%5Y

Volatility

327404 M

Market cap (USD)

264,008

Daily traded volume (Shares)

629.5 / 623.5

1 day high/low (USD)

0.00 / 0.00

52 weeks high/low (USD)

01 January, 2022

Dividend ex-date

0.00

Dividend (USD)

0.00%

Dividend yield (p.a.)

0.002022

0.002023

0.002024

Est dividend (USD)

0.00%2022

0.00%2023

0.00%2024

Est dividend yield

10.00

P/E ratio

00.002022

00.002023

00.002024

Est P/E ratio

0.00

EPS (USD)

0.002022

0.002023

0.002024

Est EPS (USD)

Ratings & reviews

4.38

8 votes

Performance:

4.57

Innovation:

4.00

Society:

3.86

Nature:

3.67

Tonia Zimmermann

Switzerland, 04 Apr 2023

This luxury brand company has always found a way to generate new markets and evolve over time. It would be nice to see even more emphasis on the society and nature.