Christian Dior: net income multiplied by 2.5 in 2021
(CercleFinance.com) - Christian Dior, the parent company of LVMH, has announced FY net income, group share of 4.
95 billion euros, up 156% relative to 2020 (and +68% on 2019), along with an underlying operating margin that improved by eight points to 26.7%.
The luxury giant achieved sales of 64.2 billion euros in 2021, up 44% year-on-year, including organic growth of 36%. The United States and Asia have posted strong growth since the beginning of the year, while Europe is experiencing a gradual recovery.
In the current gradual recovery from the health crisis, Christian Dior is confident that its present momentum will continue. It is therefore approaching 2022 with confidence and has set itself the target of further increasing its lead in the global luxury market.
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