LVMH Moet Hennessy Louis Vuitton SE ( (LVMUY) ) has released its Q4 earnings. Here is a breakdown of the information LVMH Moet Hennessy Louis Vuitton SE presented to its investors.
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LVMH Moët Hennessy Louis Vuitton SE is a global leader in the luxury goods industry, operating various renowned brands in sectors such as fashion, leather goods, wines, spirits, perfumes, and cosmetics, as well as selective retailing. Known for its commitment to creativity and excellence, LVMH represents a consortium of iconic luxury brands worldwide.
In its latest earnings report for 2024, LVMH reported solid financial performance despite a challenging global economic environment. The luxury goods conglomerate achieved a revenue of €84.7 billion, with a profit from recurring operations reaching €19.6 billion. These results reflect the group’s resilience amidst exchange rate fluctuations and a high basis of comparison following post-Covid growth.
Key highlights from the financial report reveal a 29% increase in free cash flow, totaling €10.5 billion, and a notable acceleration in revenue in the fourth quarter, particularly driven by demand in Asia, the United States, and Europe. Despite a slight organic growth of 1% in revenue, the company faced substantial negative impacts from exchange rate fluctuations, especially affecting its Fashion & Leather Goods and Wines & Spirits segments. However, the group’s selective retailing segment, particularly Sephora, showed remarkable performance with double-digit growth.
LVMH continued to make significant progress in its LIFE 360 environmental program, achieving a 55% reduction in energy-related GHG emissions two years ahead of schedule and expanding its habitat restoration efforts. The company also maintained its status as France’s largest private-sector recruiter, emphasizing its economic and social impact globally.
Looking ahead to 2025, LVMH remains confident despite ongoing geopolitical uncertainties. The group plans to continue focusing on brand development through innovation and investment, aiming to further strengthen its leadership in the luxury market while maintaining a high standard of product desirability and quality.
