LVMH Moët Hennessy - Louis VuittonLVMH reports accelerating Q2 growth, solid first-half results with high margins and strong free cash flow.
LVMH Moët Hennessy Louis Vuitton reported first-half 2026 revenue of €38.6 billion, with organic growth accelerating to 3% in the second quarter. Profit from recurring operations reached €8.7 billion, maintaining a high operating margin of 22.5%, while free cash flow rose to €4.1 billion. Chairman and CEO Bernard Arnault attributed the acceleration to the success of Jonathan Anderson's first designs for Christian Dior, strong performances by Louis Vuitton's new flagships in Beijing and Seoul, and iconic lines at Tiffany and Bvlgari. The Watches & Jewelry business group led with 11% organic growth in the second quarter, and Sephora sustained its growth within Selective Retailing. An interim dividend of €5.50 will be paid on December 3, 2026.
LVMH Moët Hennessy - Louis VuittonLVMH reports accelerating Q2 growth, solid first-half results with high margins and strong free cash flow.
Christian Dior SECEO attributes acceleration to success of Jonathan Anderson's first designs for Christian Dior.
Sephora sustained its growth within Selective Retailing.