LVMH Moët Hennessy Vuitton : Snapshot - 2019 Figures

THE WORLD LEADING LUXURY GOODS GROUP

75	70	4 915
Maisons	countries	boutiques
€53.7 bn	€11.5 bn
2019 revenue	2019 profit from
	recurring operations

KEY STRENGTHS

• Only group present inall luxury sectors
• Good geographical balanceof revenue
• Quality and creativityof teams
• Solid financial structure

2019 REVENUE BY BUSINESS GROUP

28%	10%
Selective retailing and	Wines & Spirits
other activities

8%
Watches &	41%
Jewelry
	Fashion &
13%	Leather Goods
Perfumes & Cosmetics

A GROWING AND PROFITABLE COMPANY

(In millions of euros)

Revenue (organic growth %) Profit from recurring operations

						53 670
			42 636	46 826	+10%
	37 600		+11%
35 664		+12%
	+6%
+6%
6 605	7 026		8 293	10 003	11 504
2015		2016		2017	2018	2019

2019 PROFIT FROM RECURRING

OPERATIONS

	€Million	Operating
	margin
Wines & Spirits	1 729	31.0%
Fashion & Leather Goods	7 344	33.0%
Perfumes & Cosmetics	683	10.0%
Watches & Jewelry	736	16.7%
Selective retailing	1 395	9.4%
Other and eliminations	(383)	na
TOTAL LVMH	11 504	21.4%

2019 REVENUE BY REGION	NET FINANCIAL DEBT AND
		FREE CASH FLOW
11%	9%
		(In millions of euros)
Other markets	France	Net financial debt
		Free cash flow		7 153
	19%	Gearing				5 487* 5 452	6 206 6 167
	Rest of
30%				4 696
Europe	4 235
	3 911
Rest of Asia		3 679
			3 244
					24%
		16%		12%		16%	16%
7%
24%	2015		2016	2017	2018	2019
Japan
	United States	Belmond shares deducted from net financial debt (€274m)

Louis Vuitton

EURO millions	2018	2019
Revenue	5 143	5 576
Profit from recurring op.	1 629	1 729
Operating margin	31.7%	31.0%

2019 revenue by geographic region In %

13%	5%
Other markets	France

	Operating investments	298	325
Dom	Million of bottles
Sales in volume
	Champagne	64,9	64,7

24% Rest of Asia

18%

Rest of Europe

WINES & SPIRITS

FASHION & LEATHER GOODS

Pérignon	Cognac	93,3	98,7
	EURO millions	2018	2019
	Revenue	18 455	22 237
	Profit from recurring op.	5 943	7 344
	Operating margin	32.2%	33.0%
Louis	Operating investments	827	1 199
Number of stores	1 852	2 002
Vuitton
	EURO millions	2018	2019
	Revenue	6 092	6 835

7%	33%
Japan	United States

2019 revenue by geographic region In %

9%	8%
Other markets	France

23%

Rest of Europe

31% Rest of Asia

11%	18%
Japan	United States

2019 revenue by geographic region In %

10%	10%
Other markets	France

Parfums	Profit from recurring op.	676	683
Operating margin	11.1%	10.0%
Operating investments	330	378

40% Rest of Asia

20%

Rest of Europe

PERFUMES & COSMETICS

WATCHES & JEWELRY

SELECTIVE RETAILING

DiorChristian	Number of stores	354	426
	EURO millions	2018	2019
	Revenue	4 123	4 405
	Profit from recurring op.	703	736
	Operating margin	17.1%	16.7%
	Operating investments	303	296
	Number of stores	428	457
Bvlgari
	EURO millions	2018	2019
	Revenue	13 646	14 791
	Profit from recurring op.	1 382	1 395
	Operating margin	10.1%	9.4%
	Operating investments	537	659
Sephora	Number of stores	1 940	2 011

	15%
5%	United States
Japan

2019 revenue by geographic region In %

14%	5%
Other markets	France
		23%
		Rest of Europe
38%
Rest of Asia
	12%	8%
	United States
	Japan

2019 revenue by geographic region In %

14%	11%
Other markets	France
	9%
	Rest of Europe
27%
Rest of Asia
2%	37%
Japan	United States