Insight Report 3 minutes PremiumLVMH (ENXTPA:MC) 3Q16 Sales Results: Strengthening Organic Growth Trends Coresight Research October 12, 2016 Executive Summary LVMH Moët Hennessy Louis Vuitton reported 6.0% organic revenue growth for 3Q16, showing a sequential quarterly acceleration from 4.0% in 2Q16 and 3.0% in 1Q16.3Q16 revenue of €9.1 billion was above the consensus estimate of €9.0 billion. The company noted significant improvement in Asia, ex Japan, in 3Q16. The US and Europe, ex France, remain well positioned. Stronger quarterly organic sales growth was driven by an improved performance in the Fashion & Leather Goods division and continued strength in the Perfumes & Cosmetics and Selective Retailing divisions. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: August 2023 China Retail Sales: Growth Rate Improves, Breaking Three-Month Downward TrendUS Apparel and Footwear Private Label: Consumer Attitudes and Inflation Present OpportunitiesIndustry Insights: Decoding Shein and TemuUS CPG—Consumer Health: Understanding a Category Marked by Spin-Offs
