(Finance) – LVMH closes a record year, with revenues equal to 86.2 billion euros (+13%) and an operating profit of 22.8 billion (+8%). Net profit grew by 8% to 15.2 billion euros.
Growth accelerated in the 4th quarter of the year despite difficult economic conditions in France and the rest of the world. Organic revenue growth in the quarter stood at 10%.
All operating divisions performed well, except Wines and Spirits. Europe, Japan and the rest of Asia recorded double-digit growth