Christian Dior : Financial Release REVENUE FOR THE 1^ST QUARTER OF THE 2013-2014 FISCAL YEAR Business Wire PARIS -- October 16, 2013 Regulatory News: Christian Dior (Paris:CDI): This financial release covers the period from July 1 to September 30, 2013, which corresponds to the first quarter of the current fiscal year ending June 30, 2014. The Christian Dior group recorded revenue of 7.4 billion euros for the period from July 1 to September 30, 2013, an increase of 2% compared to the period from July 1 to September 30, 2012. Organic revenue growth came to 9%. The change in revenue at actual exchange rates was as follows: Period from July 1 Period from July 1 (EUR millions) to September 30, 2013 to September 30, 2012 (3 months) (3 months) Christian Dior Couture 369 325 LVMH 7,020 6,900 Other activities and (12) (11) eliminations Total 7,377 7,214 LVMH posted revenue of 7,020million euros, reflecting growth of 2% at actual exchange rates and 8% at constant structure and exchange rates. The Wines & Spirits and Watches & Jewelry business groups both accelerated their respective growth rates when compared to the first six months of 2013. The performance of the other business groups was comparable to the start of the year. Europe has maintained a good level of resilience and the United States and Asia continue to record strong growth. Revenue by business group was as follows: Period from July 1 to September 30, 2013 vs. period from July 1 to September 30, 2012 Change at actual Change at constant (EUR millions) exchange rates structure and exchange rates Wines and Spirits + 3% + 9% Fashion and Leather Goods - 4% + 3% Perfumes and Cosmetics - 2% + 4% Watches and Jewelry - 2% + 6% Selective Retailing + 13% + 19% Total + 2% + 8% Christian Dior Couture posted quarterly revenue of 369millioneuros, up 14% at actual exchange rates and 19% at constant exchange rates versus the period from July1 to September30,2012. The first quarter again saw strong growth in retail sales revenue, which climbed 16% at actual exchange rates and 23% at constant exchange rates. All markets and product lines contributed to this excellent performance. OUTLOOK Despite the uncertain economic environment in Europe, the Christian Dior group remains confident about the months to come and will continue its proactive strategy centered on innovation and targeted geographic expansion in the most promising markets. The Christian Dior group will rely on the power of its brands and the talent of its teams to further extend 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. * * * APPENDIX: Revenue by business group and by accounting period This announcement constitutes regulated information and is made available on the Company’s website(www.dior-finance.com). Some of the statements contained in this financial release may include or be based on forward-looking information. Major risk factors, uncertainties as well as elements either beyond our control or unable to be anticipated as of this writing may thus cause actual results to differ significantly from those expressed or implied by the forward-looking information in this financial release. The statements made herein reflect our vision of the Group’s business activities as of the date of this financial release. Accordingly, readers are cautioned not to place undue reliance on the information thus provided. Furthermore, it should be noted that we undertake no obligation to update publicly or otherwise revise any forward-looking statements. APPENDIX Christian Dior Group - Revenue by business group and accounting period (*) Current fiscal year Christian Fashion Other Wines and Perfumes Watches Selective (EUR Dior and and and activities Total millions) Leather Retailing and Couture Spirits Cosmetics Jewelry Goods eliminations Period from July 1 to 369 1,032 2,428 879 677 2,101 (109) 7,377 September 30, 2013 Corresponding period in prior year Christian Fashion Other Wines and Perfumes Watches Selective (EUR Dior and and and activities Total millions) Leather Retailing and Couture Spirits Cosmetics Jewelry Goods eliminations Period from July 1 to 325 1,006 2,523 898 690 1,862 (90) 7,214 September 30, 2012 Fiscal year ended June 30, 2013 (2 months) Christian Fashion Other Wines and Perfumes Watches Selective (EUR Dior and and and activities Total millions) Leather Retailing and Couture Spirits Cosmetics Jewelry Goods eliminations Total 237 541 1,600 551 467 1,406 (34) 4,768 Fiscal year ended April 30, 2013 (12 months) Christian Fashion Other Wines and Perfumes Watches Selective (EUR Dior and and and activities Total millions) Leather Retailing and Couture Spirits Cosmetics Jewelry Goods eliminations Period from May 1 to July 323 843 2,413 805 733 1,834 (49) 6,902 31, 2012 Period from August 1 to 309 1,177 2,463 1,000 714 1,880 (102) 7,441 October 31, 2012 Period from November 1, 2012 to 339 1,324 2,760 951 724 2,477 (111) 8,464 January 31, 2013 Period from February 1 to 318 864 2,300 922 655 2,112 (97) 7,074 April 30, 2013 Total 1,289 4,208 9,936 3,678 2,826 8,303 (359) 29,881 (*) Figures rounded to the nearest digit. Christian Dior 30 AVENUE MONTAIGNE PARIS F-75008 Contact: Christian Dior PHONE +33 (0)1 44 13 22 22
Christian Dior : Financial Release
Press spacebar to pause and continue. Press esc to stop.