Breaking

U.S. Natural Gas Futures Drop Below $3 for First Time Since 2012
Tweet TWEET

LVMH First Quarter Organic Revenue Increased by 7%

  LVMH First Quarter Organic Revenue Increased by 7%

Business Wire

PARIS -- April 15, 2013

LVMH Moët Hennessy Louis Vuitton, the world’s leading high quality products
group, recorded a 6% increase in first quarter 2013 revenue to 6.9 billion
Euros. Organic* revenue growth was 7% compared to the same period in 2012,
which saw a sharp rise.

The Group continued at the start of the year to perform in line with the
trends of the second half of 2012 with strong growth in Asia and the United
States, while Europe demonstrates good resistance despite a challenging
economic environment.

Revenue by business group:                       
                                                         % Change
In million euros               Q1 2013   Q1 2012  
                                                         Q1 2013 / Q1 2012
                                                   Reported   Organic*
Wines & Spirits                979       926       + 6 %      + 7 %
Fashion & Leather Goods        2 383     2 374     + 0.4%     + 3%
Perfumes & Cosmetics           932       899       + 4 %      + 5%
Watches & Jewelry              624       630       -1%        +2%
Selective Retailing            2 122     1 823     + 16 %     + 17 %
Other activities and           (93)      (70)      -          -
eliminations
Total                          6 947     6 582     + 6 %      + 7%
*with comparable structure and constant exchange rates


The Wines & Spirits business group recorded organic revenue growth of 7% in
the first quarter of 2013. Champagne was notably robust in Asia, which
compensated for softer demand in Europe. Hennessy cognac continued its
excellent momentum, with a solid performance in the United States and rapid
growth in China. Other spirits, including Glenmorangie and Belvedere,
experienced a good start to the year.

The Fashion & Leather Goods business group recorded organic revenue growth of
3% in the first quarter of 2013. With a strategy founded on the innovation and
quality of its products and their distribution, Louis Vuitton continued its
progress. Louis Vuitton relies on its incomparable know-how to further
strengthen its product lines in order to offer its clients the highest quality
and best service. Fendi benefited from continued developments in fur and
leather and pursues its program of enlarging its store network. Céline made
excellent progress in its own stores. The other brands continued to develop
well.

In Perfumes & Cosmetics, organic revenue growth was 5% in the first quarter of
2013. Christian Dior recorded further solid growth thanks to the vitality of
its perfumes and, in particular, the continued strength of J’adore, Miss Dior
and Dior Homme. The new lipstick Dior Addict and the premium skincare Prestige
also contributed to the brand’s growth. Guerlain continued to benefit from the
strong momentum of La Petite Robe Noire and the success of its high-end
skincare Orchidée Impériale. Givenchy rolled out its fragrance Gentlemen Only,
with Simon Baker as its muse. Benefit and Fresh continued to strengthen their
positions thanks to their strongly innovative products.

The Watches and Jewellery business group recorded organic revenue growth of 2%
in first quarter 2013, on top of a strong performance in the same period in
2012. This performance was achieved in a context of prudent buying by
multi-brand retailers. TAG Heuer’s first quarter was marked by the 50th
anniversary of its Carrera line and the new partnership with McLaren which was
announced at the Geneva Motor Show. Hublot and Zenith also had a good start to
the year. In jewelry, Bulgari confirmed the success of its Serpenti line and
recorded strong revenue growth in its own stores.

In Selective Retailing, organic revenue growth stood at 17% in the first
quarter of 2013. DFS recorded an excellent performance driven by the continued
growth in Asian tourism despite a decline in expenditure from Japanese
tourists resulting from the weaker Yen. Sephora gained market share in all its
regions and continued to expand its global store network with, in particular,
the opening in Shanghai of its largest store in China. Online sales also
experienced rapid growth during the period.

In an economic environment which remains uncertain in Europe, LVMH will
continue to focus its efforts on developing its brands, will maintain a strict
control over costs and will target its investments on the quality, the
excellence and the innovation of its products and their distribution. The
Group will rely on the talent and the motivation of its teams, the
diversification of its businesses and the good geographical balance of its
revenues to increase, once again in 2013, its leadership of the global high
quality goods market.

Regulated information related to this press release and presentation available
on our internet sitewww.lvmh.com

About LVMH

LVMH Moët Hennessy Louis Vuitton is represented in Wines and Spirits by a
portfolio of brands that includes Moët & Chandon, Dom Pérignon, Veuve Clicquot
Ponsardin, Krug, Ruinart, Mercier, Château d’Yquem, Hennessy, Glenmorangie,
Ardbeg, Numanthia, Vodka Belvedere, 10 Cane, Chandon, Cloudy Bay, Terrazas de
los Andes, Cheval des Andes, Green Point, Cape Mentelle, Newton. Its Fashion
and Leather Goods division includes Louis Vuitton, Céline, Loewe, Kenzo,
Givenchy, Thomas Pink, Fendi, Emilio Pucci, Donna Karan, Marc Jacobs, Berluti
and StefanoBi. LVMH is present in the Perfumes and Cosmetics sector with
Parfums Christian Dior, Guerlain, Parfums Givenchy, Parfums Kenzo, Perfumes
Loewe as well as other promising cosmetic companies (BeneFit Cosmetics, Make
Up For Ever, Acqua di Parma and Fresh). LVMH is also active in selective
retailing as well as in other activities through DFS, Sephora, Le Bon Marché,
la Samaritaine and Royal Van Lent. LVMH's Watches and Jewelry division
comprises Bulgari, TAG Heuer, Chaumet, Dior Watches, Zenith, Fred, Hublot and
De Beers Jewellery, a joint venture created with the world’s leading diamond
group.

"Certain information included in this release is forward looking and is
subject to important risks and uncertainties and factors beyond our control or
ability to predict, that could cause actual results to differ materially from
those anticipated, projected or implied. It only reflects our views as of the
date of this presentation. No undue reliance should therefore be based on any
such information, it being also agreed that we undertake no commitment to
amend or update it after the date hereof.”

Contact:

Analysts and investors:
LVMH
Chris Hollis, + 33 1.4413.2122
or
Media:
France:
DGM Conseil
Michel Calzaroni/Olivier Labesse/
Sonia Fellmann/Hugues Schmitt
+ 33 1.4070.1189
or
UK:
Capital MSL
Claire Maloney, +44 207.307.5341
or
Italy:
Carlo Bruno&Associati
Michele Calcaterra/Mateo Steinbach, +39 02.8905.5101
or
US:
Kekst & Company
James Fingeroth/Molly Morse/
Anna Silver
+1 212.521.48.22
 
Press spacebar to pause and continue. Press esc to stop.