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LVMH: Group share of net income up 41%
(CercleFinance.com) - LVMH achieves sales of 21.
8 billion euros in the first half of 2018, up 10%. Organic growth of sales reaches 12% compared to the same period in 2017. Current operating income in the first half of 2018 reaches 4,648 million euros, up 28%. Current operating margins come out at 21.4%, up 2.9 points. Group share of net income is 3,004 million euros, up 41%. The Wines & Spirits business posts organic growth of 7% of sales. Current operating income grows 7%. The Fashion & Leather Goods business reports organic growth of 15% of its sales with current operating income up 27%. Copyright (c) 2018 CercleFinance.com. All rights reserved. |
19/04/2024 18:06
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