LVMH increases revenue in 2013

LVMH Mo?t Hennessy Louis Vuitton recorded revenue of €13.7 billion in the first half 2013, an increase of 6%. Organic revenue growth was 8% compared to the same period in 2012, which itself saw strong growth. 

The Group continued to experience good momentum in the US and Asia, and continues to grow in Europe in a more difficult economic environment. With organic growth of 9%, the second quarter showed some acceleration compared to the first quarter.

Profit from recurring operations for the first half of 2013 rose to €2 712 million, an increase of 2% compared to the same period in 2012. This performance compares to the first half of 2012, which had shown very strong growth. Current operating margin reached 20%. Group share of net profit rose to €1 577 million.

The Perfumes & Cosmetics business group recorded organic revenue growth of 6%. Profit from recurring operations was up 2% compared to the first half of 2012. 

Innovation and market share gains were both important features of the first half of 2013. Parfums Christian Dior maintained good momentum, supported by its perfumes, including Miss Dior and J’Adore with Voile de Parfum. 

The makeup segment, with their privileged connections to couture, made significant progress. Guerlain benefited from the continuing success of La Petite Robe Noire. Parfums Givenchy registered good progress in its makeup line. Benefit and Fresh experienced rapid international development. 
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