LVMH: 9m 14% organic sales growth
(CercleFinance.com) - Over the first nine months of 2023, LVMH recorded 14% organic sales growth, to E62,205m.
Taking into account a negative FX impact of 4%, sales rose 10%.
Europe, Japan and the rest of Asia achieved double-digit organic growth. In Q3, organic sales growth was 9%.
The Wines & Spirits business recorded a decline (-7% organic and -10% as reported) in sales to E4,689m for the first nine months of 2023, against a high comparison basis for the same period in 2022.
Fashion & Leather Goods posted organic sales growth of 16% to E30,912m (+11% as reported) in the first nine months of 2023.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
Taking into account a negative FX impact of 4%, sales rose 10%.
Europe, Japan and the rest of Asia achieved double-digit organic growth. In Q3, organic sales growth was 9%.
The Wines & Spirits business recorded a decline (-7% organic and -10% as reported) in sales to E4,689m for the first nine months of 2023, against a high comparison basis for the same period in 2022.
Fashion & Leather Goods posted organic sales growth of 16% to E30,912m (+11% as reported) in the first nine months of 2023.
Copyright (c) 2023 CercleFinance.com. All rights reserved.