LVMH announces net income rise of 40% in FY2004
15/03/2005
LVMH Moët Hennessy Louis Vuitton has recorded 2004 operating income growth of 11% to €2.420 million ($3.245 million) on sales of €12.6 billion ($16.902 billion). Net income before amortisation increased by 26% compared to 2003 and net income increased by 40% exceeding the one billion Euro threshold for the first time.