LVMH Reports €84.7B in 2024 Sales Amid “Unfavorable” Market Conditions
LVMH says that it achieved a “solid performance” in 2024 “despite an unfavorable global economic environment.” The luxury goods group reported revenues of €84.7 billion for the year – up 1 percent year-over-year on an organic basis – and a profit from recurring operations of €19.6 billion (equating to an operating margin of 23.1 percent), a drop…