LMVH Q2 sales up 9% at EUR5.1 billion
27/07/2011
French luxury goods group LVMH Moet Hennessy Louis Vuitton has reported first-half profits that beat analysts’ estimates.
Net income increased 25% to EUR1.3 billion, the Paris-based company said. The average estimate of five analysts surveyed by Bloomberg was for profit of EUR1.25 billion. Second-quarter sales advanced 9% to EUR5.1 billion.
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