LVMH group H1 sales soar 26%

Published: 27-Jul-2012
Finance

Cosmetics brands perform well


The luxury products group LVMH has posted first half 2012 sales growth of 26% at just below €13bn with new gains in market share expected in the second half of this year. Sales reached €12.9bn in the first six months with a rise of 20% in operating profits to €2.6bn and group net earnings up 28% to €1.68bn. The group's cosmetics operation which includes the Dior and Guerlain brands posted a 14% rise in sales to €1.7bn.
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