LVMH: 9m 2021 sales up 46%
(CercleFinance.com) - The luxury goods giant LVMH has posted sales of 44.
2 billion euros for the first nine months of 2021, up 46% y-o-y.
Organic sales growth over the period was 40% compared to 2020. Even compared with 2019, organic growth over the first nine months of 2021 was 11%.
The Fashion & Leather Goods business recorded organic sales growth of 57% over the first nine months of 2021 y-o-y and 38% compared to 2019.
The Wines & Spirits division posted organic sales growth of 30% y-o-y over the first nine months of 2021 and +10% compared to 9m 2019. Meanwhile, Perfumes & Cosmetics recorded 30% organic growth.
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2 billion euros for the first nine months of 2021, up 46% y-o-y.
Organic sales growth over the period was 40% compared to 2020. Even compared with 2019, organic growth over the first nine months of 2021 was 11%.
The Fashion & Leather Goods business recorded organic sales growth of 57% over the first nine months of 2021 y-o-y and 38% compared to 2019.
The Wines & Spirits division posted organic sales growth of 30% y-o-y over the first nine months of 2021 and +10% compared to 9m 2019. Meanwhile, Perfumes & Cosmetics recorded 30% organic growth.
Copyright (c) 2021 CercleFinance.com. All rights reserved.