LVMH posts 2007 results, set objective for 2008

11 Feb '08

3 min read

Highlights of 2007 include:
• Double-digit organic revenue growth for the Group,
• Continued strong growth of major brands,
• Further market share gains in all business activities,
• Outstanding momentum in Wines & Spirits,
• Exceptional operating margin at Louis Vuitton which recorded another year of double-digit organic revenue growth,
• Strong growth in the results of Watches & Jewelry, whose operating margin reached 17% in 2007,
• Excellent performance from Perfumes & Cosmetics, led by Christian Dior,
• Strong growth in revenue and profitability at Sephora,
• Cash from operations before changes in working capital of 4 billion Euros, an increase of 15%.

Fashion & Leather Goods: strong momentum at Louis Vuitton and growing success at Fendi:
In 2007, Fashion & Leather Goods saw organic revenue growth of 14%. Profit from recurring operations rose by 12% to 1 829 million Euros. Louis Vuitton strengthened its leadership position in 2007 and once again achieved double-digit organic revenue growth and an exceptional level of profitability.

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