3 minutes

LVMH (ENXTPA: MC) 1H19 Results: Strong Sales Propelled by Fashion & Leather Goods, and Asia Region

Primary Analyst: Coresight Research
Contributors
Primary Analyst: Coresight Research
Other Contributors:
Marie Driscoll, CFA, Managing Director of Beauty and Luxury
Company Earnings Update

Executive Summary

  • LVMH reported 15% 1H19 sales growth propelled by its fashion and leather goods business, which grew sales 21%.
  • Asia, which represented 33% of 1H19 sales, expanded 18% over 1H18.
  • EPS rose 8.7% to €6.48

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