LVMH: a decline in revenue (€84.7bn, -1.7%) & net profit (€12.5bn, -17.3%) in 2024
LVMH posted €84.683bn in revenue in 2024, down 1.7% compared to 2023 (€86.153bn), announced the French luxury goods group on 28/01/2025.
Profit from recurring operations was €19.571bn, down 14.1% on 2023 (€22.802bn), "equating to an operating margin of 23.1%, significantly exceeding pre-Covid levels," explained LVMH. Net profit (group share) was...
