LVMH profits up 46%
07/09/2006
France-based luxury products group LVMH Moët Hennessy Louis Vuitton has recorded a 19% increase in profit from recurring operations during the first half of 2006 and a 35% increase in operating profit. Each of the business groups recorded double-digit growth in profit from recurring operations, following previous strong growth in the first half of 2005. Net profit grew 46% compared with the first half of 2005.