Tag Archives: economic

LVMH FY2024: ‘unfavorable world financial surroundings’ contributes to 2 p.c drop in gross sales

LVMH FY2024: ‘unfavorable world financial surroundings’ contributes to 2 p.c drop in gross sales

THE WHAT? LVMH has introduced its outcomes for fiscal 2024. The French luxurious conglomerate mentioned that reported gross sales dipped 2 p.c to €84.7 billion (+1 p.c in natural phrases), as a result of a ‘difficult financial and geopolitical surroundings’. THE DETAILS Revenue from recurring operations fell 14 p.c to €19.6 billion, equating to an […]