Moet Hennessy Louis Vuitton Q2 Revenue €21.21B, Up 17% Organically; H1 Net Income Group Share €8.48B, Up 30%; H1 Recurring Operating Margin At 27.4% Of Sales; Hennessy Impacted By Economic Situation In U.S., Destocking; Sephora Dynamics Strong In North America, Europe And Middle East
Portfolio Pulse from Happy Mohamed
Moet Hennessy Louis Vuitton (LVMHF) reported Q2 revenue of €21.21B, up 17% organically, and H1 net income group share of €8.48B, up 30%. The H1 recurring operating margin was at 27.4% of sales. However, Hennessy was impacted by the economic situation in the U.S. and destocking. Sephora's dynamics were strong.
July 25, 2023 | 3:48 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
LVMHF reported strong Q2 and H1 results, with significant increases in revenue and net income. However, Hennessy, one of its brands, was negatively impacted by the economic situation in the U.S.
The strong Q2 and H1 results indicate a positive financial performance for LVMHF, which could lead to a potential increase in its stock price. However, the challenges faced by Hennessy in the U.S. market could slightly dampen this positive impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100