Leather rules the roost at LVHM
13/09/2002
The Paris-based luxury group LVMH (Moët Hennessy Louis Vuitton) has posted a 10% rise in first half profits before goodwill amortisation, reaching Eur350 million ($341.5 million). Operating income exceeded analysts’ expectations, rising 19% to Eur840 million. Total group sales were Eur5.8 billion.
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