tiprankstipranks
LVMH reports Q1 revenue EUR 20.69B vs. EUR 21.035B last year
The Fly

LVMH reports Q1 revenue EUR 20.69B vs. EUR 21.035B last year

Organic revenue growth came to 3%. LVMH said it had a good start to the year despite a geopolitical and economic environment that remains uncertain. Europe and the United States achieved growth on a constant currency and consolidation scope basis over the quarter; Japan recorded double-digit revenue growth; the rest of Asia reflected the strong growth in spending by Chinese customers in Europe and Japan.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles