The world number one in luxury LVMH announced on Tuesday that it achieved 18 billion euros in sales in the first quarter, a jump of 29% compared to the same period the previous year, continuing its momentum after a record year 2021.
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The group with 75 “
houses
” – the first in the CAC 40 to reveal its quarterly figures – believes that it is achieving “
a good start to the year in an environment still disturbed by the health crisis and marked by the dramatic events in Ukraine
”.
Sales are well above the consensus established by Bloomberg and Factset, which forecast 16.4 billion euros and 17 billion euros respectively.