February 1, 2019 4 minutes

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

Primary Analyst: Coresight Research

Company Earnings Update

Executive Summary

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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