LVMH Moët Hennessy Louis Vuitton reported first-half net profit, Group share, of €5.697 billion, nearly unchanged from €5.698 billion a year earlier. Operating profit declined 3 percent to €8.714 billion, while profit from recurring operations fell 4 percent to €8.691 billion. Revenue for the half dropped 3 percent to €38.644 billion, though organic revenue grew 2 percent. Second-quarter revenue reached €19.524 billion, up from €19.499 billion a year ago, with organic growth of 3 percent.
LVMH Moët Hennessy - Louis VuittonLVMH reported a 3% drop in revenue and a 4% decline in profit from recurring operations, indicating weaker financial performance.