LVMH (ENXTPA: MC) FY18 Results: Fashion and Leather Goods Set the Pace

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Key Points

  • LVMH FY18 sales rose 9.8% to €46.83 billion in FY18; currency rates adversely impacted FY18 sales (400) bps.
  • Fashion and leather goods set the sales pace, achieving 15% organic growth in FY18; the Louis Vuitton brand surpassed €10 billion annually.
  • EPS rose 5% to €12.61 in FY18.

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