LVMH's net profit rises 21% as expansion continues apace

Article Abstract:

LVMH Moet Hennessy Louis Vuitton S.A. reported a 21% increase in first-half net income and increased its full-year target for operating profit growth. The firm stated that its first-half sales increased to Euro5 billion, a 40% increase, and its operating profit gained 31% to E762 million. Net profit increased 21% to E374 million.

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LVMH reduces its profit target

Article Abstract:

LVMH Moet Hennessy Louis Vuitton S.A. has reduced its 2001 profit target for the second time since the Sept. 11 terrorist attacks and announced a drastic fall in sales for the month of September.

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LVMH's net profit surges on sales of champagne

Article Abstract:

LVMH Moet Hennessey Louis Vuitton SA posted a threefold increase in its net profits for the 1999 year. The firm posted 693 million euros in net profits for the year.

Clothing industry

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