LVMH Great Start To The Year
The Moët Hennessy Louis Vuitton group, the worlds leading producer of luxury goods, recorded a turnover in the first quarter of 2008 of 4.0 billion euros, an increase of 5% compared to the same period last year. Organic growth, i.e. based on comparable structure and exchange rates, was 12%.
In terms of sectors of activity, watches and jewellery top the rankings with an increase of 12% to 211 million euros, compared to 189 million in the first quarter of 2007 (organic growth: +19%).
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