![]() ![]() We approach 2023 with confidence but remain vigilant due to current uncertainties. This was showcased during our hugely successful LVMH Journées Particulières, when we opened our doors to all in fifteen countries in 2022 and saw a record number of visitors come to learn about the know-how of our artisans. Our growth strategy, based on the complementary nature of our activities, as well as their geographic diversity, encourages innovation and the quality of our creations, the excellence of their distribution, and adds a cultural and historical dimension thanks to the heritage of our Maisons. The Group once again recorded significant growth in revenue and earnings. Asia was stable over the year due to developments in the health situation in China.īernard Arnault, Chairman and CEO of LVMH, said: “Our performance in 2022 illustrates the exceptional appeal of our Maisons and their ability to create desire during a year affected by economic and geopolitical challenges. Operating free cash flow surpassed €10 billion.Įurope, the United States and Japan rose sharply, benefiting from strong demand from local customers and the recovery of international travel. Group share of net profit was €14.1 billion, up 17% compared to 2021. Operating margin remained at the same level as 2021. Profit from recurring operations stood at €21.1 billion for 2022, up 23%. Fashion & Leather Goods notably reached record levels, with organic revenue growth of 20%. LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury goods group, recorded revenue of €79.2 billion in 2022 and profit from recurring operations of €21.1 billion, both up 23%.Īll business groups achieved significant organic revenue growth over the year (see table on page 3). A strong social and economic footprint in France Profit from recurring operations 21 billion euros
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