LVMH’s watches & Jewellery sector to the fore in H1-2008

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08-Oct-2008

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LVMH Moet Hennessy Louis Vuitton saw its sales increase by 5.0 % in H1-2008 to 7.8 billion Euros. At 1.513 billion and 0.891 billion Euros, operating and net profits increased by 8.0 and 7.0 % respectively over the previous corresponding period. Particularly noteworthy was the excellent performance of the watch & jewellery activities (with brands such as (TAG Heuer, Zenith, Christian Dior, Chaumet, Fred and more) with a turnover of 417.0 million Euros, up 7.0 % organic growth and an operating profit of Euro 74.0 million, up 30.0 %.

 

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