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LVMH (ENXTPA: MC) 3Q17 Trading Results: Maintaining Very Strong Revenue Momentum

Executive Summary

  • LVMH Moët Hennessy Louis Vuitton increased revenues by 14% year over year in 3Q17, to €10,381 million, ahead of the consensus estimate of €10,059 million. Revenues jumped 12% year over year on an organic basis.
  • The very strong results were driven by standout sales growth across Perfumes & Cosmetics, Watches & Jewelry, and Selective Distribution, which saw organic sales grow by 17%, 14% and 14%, respectively.

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