LVMH: 8% Increase in Revenue for the First Nine Months of 2013

  LVMH: 8% Increase in Revenue for the First Nine Months of 2013

Business Wire

PARIS -- October 15, 2013

LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group,
recorded revenue of €20.7 billion for the first nine months of 2013, an
increase of 4% over the comparable period in 2012. Organic revenue grew by 8%.

The Group also recorded an 8% rise in organic revenue for the third quarter.
The Wines & Spirits and Watches & Jewelry business groups both accelerated
their respective growth rates when compared to the first half of 2013. The
performance of the other business groups was comparable to the start of the
year. Europe has shown good resilience and the US and Asia continue to record
strong growth.

Revenue by business group:

                                                         Change 2013/2012
                               9 months     9 months
In million euros             2013       2012       first 9 months

                                                Reported   Organic*
Wines & Spirits              2 840      2 765      + 3 %      + 7 %
Fashion & Leather Goods      7 139      7 179      - 1 %      + 4 %
Perfumes & Cosmetics         2 683      2 625      + 2 %      + 5 %
Watches & Jewelry            1 987      2 033      - 2 %      + 3 %
Selective Retailing          6 316      5 452      + 16 %     + 19 %
Other activities &           (250)      (188)      ns         ns
Total                        20 715     19 866     + 4 %      + 8 %

* with comparable structure and constant exchange rates.

TheWines & Spiritsbusiness group recorded organic revenue growth of 7% for
the first nine months of 2013. Champagne experienced a rebound in the third
quarter, driven by strong demand in the Asian and American markets, and its
prestige brands made strong progress over the period. Hennessy cognac
continued its good progress with solid volume increases combined with its firm
pricing policy.

TheFashion & Leather Goodsbusiness group recorded organic revenue growth of
4% for the first nine months of the year. Louis Vuitton continues to implement
its strategy of very high product quality and distribution excellence. The
latest creations in leather goods have been very successful. Fendi continued
to focus on fur and leather goods and its third quarter was marked by the
opening of stores in Paris and Milan. Céline showed excellent momentum,
supported by its leather goods and shoe lines. Other brands continued their

ThePerfumes & Cosmeticsbusiness group registered organic revenue growth of
5% for the first nine months of 2013. Parfums Christian Dior continued its
growth, fuelled by the performance of its iconic products and its innovations.
The continued success of J'Adore and Dior Homme and the development of Rouge
Dior makeup were among the highlights of the last quarter. At Guerlain, a new
campaign was devoted to the iconic fragrance Shalimar while La Petite Robe
Noire celebrated its first anniversary. Fresh, Benefit and Make Up For Ever
continued to record good growth, particularly in Asia where the brands are
expanding their distribution.

TheWatches & Jewelrybusiness group recorded organic revenue growth of 3% for
the first nine months of 2013. The performance of LVMH in both watches and
jewelry remains excellent in its own stores. Among other initiatives in the
third quarter, Bulgari successfully launched the new high jewelry line Diva
and TAG Heuer’s new movement manufacturing facility started its operations.
All brands continued to expand their store networks around the world, helping
to strengthen the quality of distribution.

TheSelective Retailingbusiness group achieved organic revenue growth of 19%
for the first nine months of 2013. DFS sales are growing strongly, driven by
the excellent performance of its Gallerias in Macao and Hong Kong and the
integration for the first time this year of the activities of its three new
Hong Kong airport concessions. Sephora continues to gain market share in key
regions. Same-store sales growth was particularly strong in the United States
and Asia. The expansion of the distribution network continues with several
openings in the last quarter. Online sales are also experiencing rapid growth
in all regions.


Despite the uncertain economic environment in Europe, LVMH remains confident
for 2013. The Group will continue its proactive strategy centered on
innovation and targeted geographic expansion in the most promising markets.
LVMH will rely on the power of its brands and the talent of its teams to
further extend, in 2013, its global leadership in the luxury market.

During the quarter and to date, no events or changes have occurred which could
significantly modify the Group’s financial structure.

Regulated information related to this press release and presentation is
available on our internet site


LVMH – Revenue by business group and by quarter

9 months 2013

                        Fashion     Perfumes      Watches                   Other
(Euro      Wines &   &         &           &         Selective   activities     Total
millions)   Spirits     Leather     Cosmetics     Jewelry     Retailing     and
                        Goods                                               eliminations
First      979       2 383     932         624       2 122       (93)           6 947
Second      829         2 328       872           686         2 093         (60)             6 748
Third      1 032     2 428     879         677       2 101       (97)           7 020
Total      2 840     7 139     2 683       1 987     6 316       (250)          20
revenue                                                                                      715

9 months 2012

                        Fashion     Perfumes      Watches                   Other
(Euro      Wines &   &         &           &         Selective   activities     Total
millions)   Spirits     Leather     Cosmetics     Jewelry     Retailing     and
                        Goods                                               eliminations
First      926       2 374     899         630       1 823       (70)           6 582
Second      833         2 282       828           713         1 767         (39)             6 384
Third      1 006     2 523     898         690       1 862       (79)           6 900
Total      2 765     7 179     2 625       2 033     5 452       (188)          19
revenue                                                                                      866


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, Wen Jun, Belvedere, 10 Cane, Chandon, Cloudy Bay, Terrazas de los
Andes, Cheval des Andes, Cape Mentelle, Newton et Numanthia. Its Fashion and
Leather Goods division includes Louis Vuitton, Céline, Loewe, Kenzo, Givenchy,
Thomas Pink, Fendi, Emilio Pucci, Donna Karan, Marc Jacobs, Berluti and
Nicholas Kirkwood. 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 Diamond Jewellers Ltd, 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.”


Analysts and investors:
Chris Hollis
+ 33 1.4413.2122
France :
DGM Conseil
Michel Calzaroni/Olivier Labesse/
Sonia Fellmann/Hugues Schmitt
+ 33 1.4070.1189
Capital MSL
Claire Maloney
+44 207.307.5341
Carlo Bruno&Associati
Michele Calcaterra/Mateo Steinbach
+39 02.8905.5101
Kekst & Company
James Fingeroth/Molly Morse/
Anntal Silver
+1 212.521.4800
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