Christian Dior: profits down in 2024

(CercleFinance.com) - Christian Dior, the parent company of LVMH, has reported net income (group share) of E5.
2bn and profit from recurring operations of E19.6bn for 2024, down 17% and 14% respectively.

The luxury giant's sales fell by 2% to E84.7bn (+1% organic) with a difficult economic and geopolitical environment, and a high comparison basis after years of exceptional post-Covid growth.

At the AGM on 17 April, Christian Dior will propose a dividend of E13 per share. An interim dividend of E5.50 was distributed on 4 December 2024, and the balance of E7.50 will be paid on 28 April.

On the strength of its highly responsive teams, their entrepreneurial spirit and the good geographical distribution of its customers, the group has set itself the target of further increasing its lead in the global luxury goods market by 2025.


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