2020 Consolidated financial statements FEBRUARY 2021 - PDF - 2 Mo. 02.12.2021 Men’s Fashion Week Fall-Winter 2021/2022: from Milan to Paris, LVMH Maisons continue to reinvent must-see events . LVMH reports first-quarter financial results on April 16 The owner of Louis Vuitton, Celine and other brands said in late March that it expects Covid-19 to cut Q1 sales by up to 20 percent The luxury conglomerate initially downplayed the coronavirus threat but has since taken drastic steps to address the crisis On a global scale, the Group works closely with the teams of each of our Maisons to provide them with all the resources they need. LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTCPK:LVMHF) Q2 2020 Earnings Conference Call July 27, 2020 12:00 P.M. For several weeks, our teams have once again demonstrated that excellence, creativity and responsiveness will allow us not only to overcome this crisis but, above all, to emerge even stronger when it fades.”. … A Louis Vuitton store in Manhattan's Soho district | Source: Getty Images Luxury Share. LVMH Moët Hennessy Louis Vuitton, the world’s leading high-quality products group, recorded revenue of 10.6 billion Euros for the first quarter of 2020, down 15% compared to the same period in 2019 and down 17% on an organic* basis. Der französische Luxusgüterkonzern hat am 26. Comment By Chantal Fernandez April 17, 2020 05:40 How the luxury giant is preparing for a difficult year, and where it sees signs of growth. During the period, the segment’s sales fell by 11% but started showing signs of recovery in Q3 2020, with … LVMH owns a total of 75 primary brands across five business divisions. Erläuterungen zur LVMH Aktie Der LVMH Konzern hat sich in den vergangenen Jahren prächtig entwickelt. The other brands continued the efforts to strengthen their resilience. Manufacturing sites of the Group’s Maisons are preparing to reopen with maximum safety conditions for employees following the suspension of activity in mid-March. 9�k�%Cb���3C-��^z)��Y�7�{��C����E�^����x� How the luxury giant is preparing for a difficult year, and where it sees signs of growth. LVMH Snapshot - 2020 Figures FEBRUARY 2021 - PDF - 2 Mo. Houses . %PDF-1.6 %���� 47 0 obj <>stream Bvlgari experienced a decline in its activity due to the closure of its stores, in Asia in particular. 25.03.2020 - Paris, March 25th, 2020 Given the current situation, the LVMH Board, which met today, has decided to postpone the Annual Shareholders’ Meeting from the … LVMH Moët Hennessy Louis Vuitton, the world’s leading high-quality products group, recorded revenue of 10.6 billion Euros for the first quarter of 2020, down 15% compared to the same period in 2019 and down 17% on an organic* basis. Investors . The Group’s priority is to ensure the safety of its employees and customers. While all the Sephora stores were closed in China for a major part of the quarter, those located in Europe and the United States have been closed since mid-March. Zum 31.12.2020 hat LVMH weltweit 5.003 Geschäfte betrieben und ca. Online sales saw rapid growth. The Fashion & Leather Goods business group recorded a decline in organic revenue of 10% in the first quarter of 2020 in a market environment defined by store closures in several regions around the world. LVMH has proven its ability to be resilient in an economic environment disrupted by a serious health crisis that has led to the closure of stores … Theseelement s complete the Group’s Consolidated Financial Statements for the same period which have been available since February rd, 2020. 38 0 obj <>/Filter/FlateDecode/ID[<31ABA790DA1A13D4CE70AED68299CD34>]/Index[30 18]/Info 29 0 R/Length 65/Prev 158133/Root 31 0 R/Size 48/Type/XRef/W[1 3 1]>>stream Sales declined in line with expectations. Hennessy cognac slowed down in China given lower demand linked to the epidemic and to the timing of 2020 Chinese New Year. During the period, the segment’s sales fell by 11% but started showing signs of recovery in Q3 2020… The US market demonstrated its good resilience over the period, supported by advance orders from distributors. LVMH … LVMH has also organized the business to support the collective efforts being undertaken to combat Covid-19. 02.15.2021 Moët & Chandon x AMBUSH: first-ever global product collaboration supports the planet LVMH's Q1 Results: What You Need to Know. h�bbd```b``�"A$c�d6�#Q��-? Between April 2020 and mid-February 2021, the group’s stock rose by an impressive 65.4% according to HH Journal. D �����Sv�l. The Watches & Jewelry business group recorded a 26% drop in organic revenue in the first quarter of 2020. After a good start to the year, TAG Heuer and Hublot were affected by the reduction of orders by retailers. Download . Filter by: Sections. Q1 REVENUE Louis Vuitton DISCLAIMER 2 This document may contain certain forward looking statements which are based on estimations and forecasts. LVMH reported a 15 percent drop in its first-quarter revenue compared with a year earlier, to €10.6 … Johan Sandberg/Louis Vuitton. LVMH's Q1 Results: What You Need to Know. Photo: Louis Vuitton's WeChat . The LVMH teams have demonstrated their strong commitment and agility in facing this unprecedented situation, and efforts to adapt to the current environment are actively underway in order to control costs and ensure a more selective investment policy. Availability of the Management report and Parent co ... https://www.lvmh.com/news-documents/press-releases/lvmh-shows-good-resilience-in-the-first-quarter-of-2020/. In its latest report detailing the results of Q1 … Group . One of the major innovations of the quarter was the very successful launch of TAG Heuer’s new smart watch. Online sales grew rapidly. Download . ; Die Sicherheitsmarge beim DCF Verfahren beträgt zum heutigen Zeitpunkt 117%, zum GVA 2019 82% und zum GVA 2020 70%. Luxury goods conglomerate LVMH (Givenchy, FENTY beauty, Louis Vuitton) has released its report for Q1, the first since Covid-19 upended the global economy and with it … 30 0 obj <> endobj Generally, LVMH recorded revenue of EUR 12.5 … Q1 2020 Q2 2020 H1 2020 Q3 2020 Q4 2020 H2 2020 2020 - 15% 10 596 M€ - 38% 7 797 M€ - 10% 11 955 M€ - 27% 18 393 M€-8% 26 258 M€-6% 14 303 M€-17% 44 651 M€ QUARTERLY EVOLUTION OF 2020 REVENUE Currency effect Structure impact Organic change 4,952 Hypes 3 Comments. In Perfumes & Cosmetics, organic revenue decreased 19% in the first quarter of 2020. By their nature, these forward looking statements are subject to important risks and uncertainties and factors beyond our control or ability to predict, in particular those described in LVMH’s Reference Document which is … Regulated information linked to this press release and presentation are available on www.lvmh.com. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support What Happened: The luxury sector’s bellwether, LVMH Moët Hennessy Louis Vuitton, reported revenue of 10.6 billion euros for the first quarter of 2020 today, down 15 percent compared to the same period … Comment BoF Professional Exclusive. france) 12% other markets 34% asia (excl. 2020 Full Year Results JANUARY 2021 - PDF - 3 Mo . Louis Vuitton and Christian Dior, in particular, continued to show creative momentum, as illustrated by the latest runway shows and continuous enhancements to their iconic products. Fashion and leather goods, the largest of these, accounted for a 46% share of Q1 to Q3 2020 revenue. The closures of the Group’s manufacturing sites and stores in most of the world’s countries in the first half will have an impact on the annual revenue and results. q1 2020 q2 2020 h1 2020 q3 2020 9m 2020 - 15% 10 596 m€ - 38% 7 797 m€ - 10% 11 955 m€ - 27% 18 393 m€-21% 30 348 m€ q3 2020 revenue 5 9 months 2020 revenue breakdown by region in % of total revenue 24% united states (inc. hawaii) 7% france 7% japan 16% europe (excl. "���E$���>�A_K: }h�tRmztH�9)�i��=���,�����ʛ �N�J�q�E�f]?��/K�v=+�u����� �`g��Ngs�s�F�����8Kf8�;��=��s�� "@�]�`��d�f/��t�+���X$��:�fZ��lk�N�]~?�L�� %%EOF These … In Wines & Spirits, the positive currency effect and the firm price increase policy partially offset the decline in volumes. Bernard Arnault, Chairman and Chief Executive Officer of LVMH, said: “In this unprecedented context, I would first like to thank our teams around the world, who have mobilized to help caregivers and participate in the collective effort by making hydroalcoholic gel for hand sanitizers, by facilitating the movement or by producing medical masks or even by sourcing critical equipment for hospitals. Revenue was down 14% on an organic basis in the first quarter of 2020. The health and safety of our employees and customers must remain our top priority. japan) q3 2020 revenue 6 9 months 2020 revenue change by region h1 2020 … In addition, LVMH has also proposed a 30% reduction in the dividend announced on 28 January, which is subject to shareholders’ approval at the annual general meeting (AGM) on 30 June 2020. As for Tiffany, while it had a net loss for Q1 2020, it has started to rebound in Q2 2020 - undermining LVMH's argument that Tiffany has been mismanaged completely during COVID-19, … In the 2020 Q1 earnings call, LVMH's CEO Bernard Arnault said that Chinese consumers will continue to spend more in their home country. Q1 2020 /Q1 2019 Reported Organic* Wines & Spirits 1 175 1 349 - 13 % - 14 % Fashion & Leather Goods 4 643 5 111 - 9 % - 10 % Perfumes & Cosmetics 1 382 1 687 - 18 % - 19 % Watches & Jewelry 792 1 046 - 24 % - 26 % Selective Retailing 2 626 3 510 - 25 % - 26 % Other activities and eliminations (22) (165) - - Total LVMH 10 596 12 538 - 15 % - 17 % * with … In Selective Retailing, organic revenue was down 26% in the first quarter of 2020. Access by profile Institutional investors and analysts Thanks to everyone’s commitment and the strength of its brands, the LVMH group maintains good resilience in the face of this worldwide challenge. This impact cannot be precisely evaluated at this stage without knowing the timetable for a return to normal business in the different areas where the Group operates. The largest of these is fashion and leather goods, which accounted for 46% of the company revenue from Q1 to Q3 2020. Januar 2021 die Zahlen für das Geschäftsjahr 2020 veröffentlicht. LVMH Reports Growth For Q1 2019, Including the Watches & Jewelry Division. 163.000 Mitarbeiter beschäftigt. The major brands demonstrated their resilience as retailers reduced their inventory levels given the current crisis. LVMH, the world’s leading luxury products group, gathers 75 prestigious brands, with 44.7 billion euros revenue in 2020 and a retail network of over 5,000 stores worldwide. Finally, the Board members of the Company took the decision to reduce their attendance fees by 30% for 2020. Hier erhalten Sie eine Übersicht über die Dividendenzahlung und Dividendenrendite von LVMH MOET HENNESSY LOUIS VUITTON sowie die anstehenden und vergangenen Hauptversammlungstermine (HV-Termine). In a very turbulent context, the Group will maintain a strategy focused on preserving the value of its brands, based on the exceptional quality of its products and the responsiveness of its teams. Download . Fashion Apr 17, 2020. Numerous solidarity initiatives have been rolled out by the Group’s Maisons around the world to support health authorities and medical staff. LVMH relies on the talent and motivation of its teams, the diversification of its businesses and the geographical diversity of its revenue to reinforce, once again in 2020, its global leadership position in high-quality goods. LVMH MOËT HENNESSY - LOUIS VUITTON SE : Termine, Überblick zu den Ergebnisveröffentlichungen und Analystenschätzungen für das Unternehmen LVMH MOËT HENNESSY - LOUIS VUITTON SE | Euronext Paris . We can only hope that the recovery happens gradually from May or June after a second quarter which will still be very affected by the crisis, in particular in Europe and the US. LVMH MOËT HENNESSY - LOUIS VUITTON SE : Termine, Überblick zu den Ergebnisveröffentlichungen und Analystenschätzungen für das Unternehmen LVMH MOËT HENNESSY - … Here Are the Takeaways From LVMH's Q1 Report “Down 15% compared to the same period in 2019.” By Marc Wong. Q4 2020 Earnings von LVMH. Fashion and leather goods, the largest of these, accounted for a 46% share of Q1 to Q3 2020 revenue. Paris, April 16th, 2020 LVMH Moët Hennessy Louis Vuitton, the world's leading high-quality products group, recorded revenue of 10.6 billion Euros for the first quarter of 2020, down 15% compared to LVMH, the world’s largest luxury group, owns 75 primary brands across five divisions. The world’s largest luxury group is cutting costs and preparing for an uncertain future as the coronavirus crisis shrinks its business. The dividend for 2019 will therefore be €4.80 per share and, given the interim dividend paid on December 10th, 2019, the balance of €2.60 per share will be paid on July 9th, 2020. The currency effect for the Group was +1% and the structural impact was +1%. Paris, March 27, 2020 . * with comparable structure and exchange rates. LVMH Moët Hennessy Louis Vuitton announces the availability of the Management Report of the Board of Directors and the parent company accounts for the period ending December 31st, 2019. LVMH-Backed Private Equity Firm Buys Birkenstock: L Catterton will pay €4 billion EUR for the previously family-owned business. LVMH Moët Hennessy Louis Vuitton, the world’s leading high-quality products group, recorded revenue of 10.6 billion Euros for the first quarter of 2020, down 15% compared to the same period in 2019 and down 17% on an organic* basis. 2020 Financial Documents JANUARY 2021 - PDF - 3 Mo. Chargement... Close. h��U�n�0��9�(.� �;�ӢY�Hh In addition, the Board was informed of the decision taken by Bernard Arnault, as Chairman and Chief Executive Officer, and by each of the other Executive Board members to give up their remuneration for the months of April and May 2020 as well as all the variable remuneration relating to 2020. Online revenue significantly increased over this period. 30.11.2020 - Paris, November 30th, 2020 An interim dividend payment of €2.00 per share will be paid on Thursday, December 3rd, 2020. � LVMH, the world’s largest luxury group, owns 75 primary brands across five divisions. by rolex; February 28, 2021 February 27, 2021; The world’s biggest extravagance bunch LVMH (Louis Vuitton Moet Hennessy) is the first of the significant gatherings to report its quarterly deals for 2019 – a decent pointer of the condition of the business. LVMH – 1Q 2020 Results LVMH reported its Q1 sales on 16 April. 02.15.2021 Moët & Chandon x AMBUSH: first-ever global product collaboration supports the planet LVMH has proven its ability to be resilient in an economic environment disrupted by a serious health crisis that has led to the closure of stores and manufacturing sites in most countries in recent weeks, as well as the suspension of international travel. Talents . Share. Louis Vuitton, Dior, Moet und Rimowa. Zu den bekanntesten Luxusmarken gehören u.a. Shopping in stores has gradually picked up in China since early April. endstream endobj 31 0 obj <> endobj 32 0 obj <> endobj 33 0 obj <>stream At a meeting on April 15th, 2020, the LVMH Board of Directors assessed the economic situation resulting from the Covid-19 pandemic and, in light of current events and governmental recommendations, decided to propose a 30% reduction in the dividend announced on January 28th for Shareholders’ approval at the AGM on June 30th, 2020. Fashion and Leather Goods Division Accounted for 86.5% of LVMH 2020 Profit. endstream endobj startxref News & Documents . However, the group’s outlook for the rest of the year was the focus of the result. By Chantal Fernandez April 17, 2020 05:40 Share. Comment BoF … search lvmh.com. DFS experienced a significant decline in activity in most destinations as a result of the suspension of international travel. In the current situation, the Group will further strengthen its policy of controlling costs and being selective in its investments. ,����*��)����uQ.�̺�j�.��f�,��Y��������)��(ӥ)J�s�9��0�4�||�y>-�|���|�Wi��ee��I �ܸ��A�]&M�t��~��O�b� �яf^�KEt�G�8��2���6M�9(�ʣ=�s��I�|e�R���vZɪ�gm��� �bAcӤ.
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