(CercleFinance.com) – LVMH indicates that its 2021 sales reached 64.2 billion euros in 2021, an increase of 44% compared to the previous financial year, Bernard Arnault, CEO. of the band hailing ‘a remarkable performance’.
Current operating profit more than doubled between 2020 and 2021, and now stands at 17.1 billion euros.
The increase is even greater for the net income group share, up 156% in one year, to 12 billion euros.
All activities are up organically compared to 2020, including Wines & Spirits (+26%), Fashion & Leather Goods (+47%), Perfumes & Cosmetics (+27%), Watches & Jewelry ( +40%) or selective distribution (+18%).
For 2022, and in the context of a gradual exit from the health crisis, LVMH indicates that it wants to “maintain a strategy centered on the development of brands, driven by a continuous policy of innovation and investment”.
LVMH adds that a dividend of 10 euros per share will be proposed at the next AGM on April 21 (a deposit of three euros was already distributed last December).
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