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Fashion Company LVMH revenues up 11% at €14bn
20 Jan '06
1 min read
World's leading luxury products group, LVMH Moët Hennessy Louis Vuitton achieved revenue of EUR 14 billion in 2005, representing growth of 11 percent over 2004.
In the fourth quarter, revenue increased by 13 percent to reach EUR 4 311 million.
In December, LVMH posted record revenue with an exceptionally strong year-end, most notably at Louis Vuitton and Wines & Spirits, compared to the already strong organic growth recorded during the fourth quarter of 2004.
All geographic regions where the Group is present increased their revenue, with an acceleration of growth in the US, Asia and Europe.
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LVMH Moet Hennessy Louis Vuitton is the world's leading luxury goods group.
The Group is represented in Wines and Spirits by a portfolio of brands that includes Moet & Chandon, Dom Perignon, Veuve Clicquot Ponsardin, Krug, Ruinart, Chateau d'Yquem, Chandon Estates, Hennessy, Glenmorangie, Belvedere and Chopin.
In the fourth quarter, revenue increased by 13 percent to reach EUR 4 311 million.
In December, LVMH posted record revenue with an exceptionally strong year-end, most notably at Louis Vuitton and Wines & Spirits, compared to the already strong organic growth recorded during the fourth quarter of 2004.
All geographic regions where the Group is present increased their revenue, with an acceleration of growth in the US, Asia and Europe.
Click to view more details
LVMH Moet Hennessy Louis Vuitton is the world's leading luxury goods group.
The Group is represented in Wines and Spirits by a portfolio of brands that includes Moet & Chandon, Dom Perignon, Veuve Clicquot Ponsardin, Krug, Ruinart, Chateau d'Yquem, Chandon Estates, Hennessy, Glenmorangie, Belvedere and Chopin.
LVMH
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