LVMH announces excellent first half of 2022

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02-Aug-2022

LVMH Moët Hennessy Louis Vuitton, the world’s leading high-quality products group, recorded revenue of €36.7 billion in the first half of 2022, up 28% compared to the same period in 2021. Organic revenue growth was 21%. All business groups achieved double-digit organic revenue growth over the period. In the second quarter, revenue increased by 27% against a particularly high basis of comparison. Organic revenue growth was 19%, in line with trends seen in the first quarter. Profit from recurring operations was up 34% at €10 235 million for the first half of 2022. Operating margin reached 27.9% of revenue, up 1.3 points compared to the first half of 2021. Group share of net profit was €6 532 million, up 23% compared to the first half of 2021.

 

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