LVMH Moet Hennessy Louis Vuitton 2023 Revenue €86.15 Billion, Equating To Organic Growth Of 13% YoY; Profit From Recurring Operations €22.8 Billion
Portfolio Pulse from Benzinga Newsdesk
LVMH Moet Hennessy Louis Vuitton reported a 2023 revenue of €86.15 billion, representing a 13% organic growth year-over-year. The company's profit from recurring operations reached €22.8 billion.
January 25, 2024 | 4:50 pm
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LVMH Moet Hennessy Louis Vuitton reported strong financial results for 2023, with significant growth in revenue and profit from recurring operations.
The reported revenue and profit growth are substantial indicators of LVMH's strong performance and are likely to be viewed positively by investors. This financial success could lead to increased investor confidence and a potential rise in LVMH's stock price in the short term.
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