Company Earnings Update 2 minutesRegister for Free AccessLVMH (ENXTPA: MC) 1Q18 Trading Update: Organic Growth Accelerates as Shoppers Flock to Power Brands Coresight Research April 10, 2018 Executive Summary LVMH Moët Hennessy Louis Vuitton reported adjusted organic revenue growth of 15% in 1Q18, a marked acceleration from 11% organic growth in 4Q17. Top-tier luxury brands Louis Vuitton and Bulgari were among the drivers of growth, while Sephora gained market share. For FY18, analysts expect the company to grow revenues by 5.6% and EBIT by 9.6%, yielding an EBIT margin of 20.2% versus 19.5% in FY17. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Innovator Profile: Loyalty Games Engages Younger Consumers with Loyalty-Focused Mobile GamesKroger-Albertsons Merger in Jeopardy as FTC Sues To Block the DealEconomic Sentiment Converges as Pessimism Eases: US Consumer Survey InsightsHow US Consumers Are Shopping for Groceries: Revealing Opportunities in Promotions and Private Label
