olivLaw · European equity research
LVMH Moët Hennessy Louis Vuitton MC.PA
France · Euronext Paris · ISIN FR0000121014 · Vertical: Listed companies from France
LVMH is the world's largest luxury group, bringing together more than 75 Maisons across six business sectors, from fashion and leather goods to wines and spirits. The group remains focused on the long-term development of these brands and on decarbonising and climate-proofing its supply chain, which matter for a company active in the largest luxury markets.
At the close of 05 Nov 2026, LVMH Moët Hennessy Louis Vuitton (MC.PA) stock was 418.65 EUR (+0.58% on the day), with market capitalisation 209.1 bn EUR, P/E 16.7 on diluted EPS of 25.12 EUR over the last 12 months, dividend yield 3.50%, beta 1.02, 52-week range 378.55–652.10 EUR.
Data as of · AI analysis dated · Source: ESEF annual reports and closing prices, computed by olivLaw.
Price history
Loading chart…
Technical reading
- RSI (14)
- 68.0
- strong (55–70)
- Bollinger (20, 2)
- 371.16 – 411.75
- above the upper band · %B 1.17 · band width 10.4%
- SMA 50 / 200
- 402.02 / 466.05
- mixed trend
- MACD (12, 26, 9)
- 1.52 / -3.21
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | EURO STOXX 50 | vs EURO STOXX 50 | Vertical median | |
|---|---|---|---|---|
| 1 month | +8.6% | −0.6% | +9.2 pp | — |
| 3 months | −13.0% | −4.2% | −8.9 pp | — |
| 6 months | −12.5% | +4.3% | −16.8 pp | — |
| Year to date | −35.1% | +7.5% | −42.6 pp | — |
| 1 year | −31.7% | +9.9% | −41.6 pp | −6.8% |
| 3 years | −40.0% | +49.8% | −89.8 pp | −15.9% |
| 5 years | −40.9% | +42.8% | −83.8 pp | — |
Price returns, dividends excluded.
Quarterly results
ESEF annual reports carry no quarters: the results are annual (below).
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 0 percentile of its own 3-quarter history (min 24.2, median 24.3, max 25.3; quarters with earnings only).
Fiscal years
| Fiscal year | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | unavailable | 79.2 bn | 86.2 bn | 84.7 bn |
| Revenue YoY | unavailable | unavailable | +8.8% | −1.7% |
| Net income | 12.7 bn | 14.1 bn | 15.2 bn | 12.6 bn |
| Net income YoY | unavailable | +10.9% | +7.7% | −17.3% |
| Diluted EPS | unavailable | 28.03 | 30.33 | 25.12 |
| Diluted EPS YoY | unavailable | unavailable | +8.2% | −17.2% |
| net % | unavailable | 17.8% | 17.6% | 14.8% |
| Free cash flow | unavailable | unavailable | unavailable | unavailable |
Balance sheet & financial health
Fiscal year 2024 · 31 Dec 2024
- Cash
- 9.6 bn EUR
- Financial debt
- 12.1 bn EUR
- Net debt
- 2.5 bn EUR
- Equity
- 69.3 bn EUR
- Total assets
- 149.2 bn EUR
- Debt / equity
- 0.17x
- Current ratio
- 1.41x
- ROE
- 19.0%
- ROA
- 8.6%
- FCF margin
- unavailable
Financial statements (source on every figure)
Revenue and net income (EUR)
Margins
Income statement · EUR
| Line | 2021 | 2022 | 2023 | 2024 | Source (latest year) |
|---|---|---|---|---|---|
| Revenue | — | 79.2 bn | 86.2 bn | 84.7 bn | esef· 15 Apr 2025verified |
| Cost of revenue | — | 25.0 bn | 26.9 bn | 27.9 bn | esef· 15 Apr 2025verified |
| Gross profit | — | 54.2 bn | 59.3 bn | 56.8 bn | esef· 15 Apr 2025verified |
| Income tax | — | 5.4 bn | 5.7 bn | 5.2 bn | esef· 15 Apr 2025verified |
| Net income | 12.7 bn | 14.1 bn | 15.2 bn | 12.6 bn | esef· 15 Apr 2025verified |
| Diluted EPS | — | 28.03 | 30.33 | 25.12 | esef· 15 Apr 2025verified |
| Weighted average diluted shares | — | 502.5 m | 500.3 m | 499.7 m | esef· 15 Apr 2025verified |
| Dividend per share | — | 13.49 | 12.00 | 14.66 | esef· 15 Apr 2025derived |
Balance sheet · EUR
| Line | 2021 | 2022 | 2023 | 2024 | Source (latest year) |
|---|---|---|---|---|---|
| Cash | — | 7.3 bn | 7.8 bn | 9.6 bn | esef· 15 Apr 2025verified |
| Receivables | — | 4.3 bn | 4.7 bn | 4.7 bn | esef· 15 Apr 2025verified |
| Inventories | — | 20.3 bn | 23.0 bn | 23.7 bn | esef· 15 Apr 2025verified |
| Current assets | — | 39.7 bn | 43.7 bn | 47.5 bn | esef· 15 Apr 2025verified |
| Property, plant & equipment, net | — | 23.1 bn | 27.3 bn | 29.9 bn | esef· 15 Apr 2025verified |
| Goodwill | — | 24.8 bn | 24.0 bn | 20.3 bn | esef· 15 Apr 2025verified |
| Intangibles (excl. goodwill) | — | 25.4 bn | 25.6 bn | 26.3 bn | esef· 15 Apr 2025verified |
| Total assets | — | 134.6 bn | 143.7 bn | 149.2 bn | esef· 15 Apr 2025verified |
| Accounts payable | — | 8.8 bn | 9.0 bn | 8.6 bn | esef· 15 Apr 2025verified |
| Long-term debt | — | 10.4 bn | 11.2 bn | 12.1 bn | esef· 15 Apr 2025verified |
| Current liabilities | — | 31.5 bn | 33.1 bn | 33.7 bn | esef· 15 Apr 2025verified |
| Equity | 48.9 bn | 56.6 bn | 62.7 bn | 69.3 bn | esef· 15 Apr 2025verified |
| Shares outstanding at year end | — | 502.1 m | 500.1 m | 499.4 m | esef· 15 Apr 2025derived |
Cash flow · EUR
| Line | 2021 | 2022 | 2023 | 2024 | Source (latest year) |
|---|---|---|---|---|---|
| Operating cash flow | — | 17.8 bn | 18.4 bn | 18.9 bn | esef· 15 Apr 2025verified |
| Investing cash flow | — | -5.9 bn | -8.3 bn | -6.5 bn | esef· 15 Apr 2025verified |
| Financing cash flow | — | -12.7 bn | -9.4 bn | -10.7 bn | esef· 15 Apr 2025verified |
| Dividends paid | — | 6.8 bn | 7.2 bn | 7.3 bn | esef· 15 Apr 2025verified |
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
- indicators available: 4 of at least 6
- score weight coverage: 27.1% of at least 60%
A scoring methodology on indicators and valuation, not investment advice.
Closing price
05 Nov 2026Source: olivLaw, closing series
Market cap: 209.1 bn EUR
Key indicators
Coverage and freshness
The data is older than the freshness threshold.
Score by group
27% · Insufficient data
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 199.40 – 748.60 EUR.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (EUR per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)unavailable · input data missing
- Peers: EV/EBITDAunavailable · input data missing
- Peers: P/E278.62 – 748.60 (Mid 430.32)20 companies used · median multiple 17.1x · quartiles 11.1x – 29.8x74SW.PA, ABEO.PA, AC.PA, ADP.PA, AF.PA, AI.PA, ALBON.PA, ALCIS.PA, ALCLA.PA, ALFER.PA, ALHEX.PA, ALO.PA, ALPWG.PA, ALSOG.PA, ANTIN.PA, ARAMI.PA, ATE.PA, AUB.PA, AURE.PA, BB.PA
- Dividend discount (DDM)199.40 – 271.90 (Mid 230.07)
Assumptions (illustrative, editorial)
- Risk-free rate
- 3.0%
- Equity risk premium
- 5.5%
- Beta (default)
- 1.00
- Cost of equity
- 8.5%
- Terminal growth
- 2.0%
Factor scorecard
Insufficient data
Minimum-evidence gate: indicators available: 4 of at least 6; score weight coverage: 27.1% of at least 60%
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | 14.8% | 95 (vs peers) | 23% |
| FCF conversion · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | unavailable | unavailable | — |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | unavailable | unavailable | — |
| Current ratio · Balance sheet | 1.4x | 51 (on a fixed band) | 15% |
| P/E (TTM) · Valuation | 16.7x | 57 (vs peers) | 38% |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | unavailable | unavailable | — |
| Shareholder yield (distributions) · Returns | 3.5% | 50 (on a fixed band) | 23% |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet· partial51/100 · 1/3 factors with a value
- Growth· partialunavailable · 0/2 factors with a value
- Quality· partial95/100 · 1/3 factors with a value
- Returns· partial50/100 · 1/2 factors with a value
- Valuation· partial57/100 · 1/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
LVMH MOET HENNESSY LOUIS VUITTON (MC.PA). Latest full fiscal year: 2024; data up to 2024-12-31.
Figures computed from the financial statements: revenue 84.7 bn EUR in 2024; YoY growth -1.7%; net margin 14.8%; ROE 19.5%.
The estimated value range is 239.01–510.25 EUR per share (median of 2 methods, agreement: low); assumptions are illustrative. Against the central value of 330.20 EUR, the price of 418.65 EUR leaves a potential of -21.1% (value / price − 1) and a margin of safety of -26.8% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
Insufficient data for a verdict (indicators available: 4 of at least 6; score weight coverage: 27.1% of at least 60%).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Net margin: 14.8%
What contradicts it
- The valuation methods diverge
Not assessed (insufficient data or a ratio without meaning): ROIC, FCF conversion, Revenue CAGR 3Y, EPS CAGR 3Y, Net debt / EBITDA, Interest coverage, EV/EBITDA, FCF yield, Payout ratio (FCF).
Versus the vertical median
Listed companies from France · same country · compared with 39 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| MC.PALvmh Moet Hennessy Louis Vuitton | 209.1 bn | 16.7 | 19.5% | 14.8% | −1.7% | −34% / −40% |
| AI.PAL'air Liquide Societe Anonyme Pour L'etude Et L'exploitation Des Procedes Georges Claude | 109.3 bn | 33.2 | 12.9% | 12.2% | −2.0% | +26% / +32% |
| AC.PAAccor | 13.8 bn | 30.7 | 9.6% | 8.0% | +0.6% | +6% / +56% |
| ADP.PAAeroports De Paris | 11.7 bn | 34.1 | 7.8% | 5.6% | +12.1% | −7% / +4% |
| AKE.PAArkema | 7.1 bn | 115.4 | 0.9% | 0.7% | −5.0% | +12% / −37% |
| ALO.PAAlstom | 5.8 bn | 18.3 | 3.1% | 1.7% | +3.7% | −51% / −4% |
| AF.PAAir France - Klm | 4.3 bn | 13.6 | — | 1.0% | +4.8% | +20% / +9% |
| ATE.PAAlten | 3.1 bn | 29.5 | 4.8% | 2.6% | −1.1% | +33% / −29% |
| BB.PASociete Bic | 2.7 bn | 31.3 | 5.0% | 4.1% | −4.8% | +32% / +5% |
| ANTIN.PAAntin Infrastructure Partners | 1.4 bn | 13.0 | 21.9% | 36.6% | −8.1% | −24% / −35% |
| 74SW.PA74software | 792.7 m | 20.9 | 8.9% | 8.5% | +44.8% | −13% / +41% |
| AUB.PAAubay | 667.4 m | 17.8 | 13.6% | 6.3% | +11.3% | +3% / +45% |
| ASY.PAAssystem | 507.1 m | 69.9 | 2.5% | 1.1% | +7.4% | −19% / −18% |
| ATO.PAAtos Se | 483.0 m | — | -23,400.0% | -17.5% | −16.5% | −45% / −94% |
| ARAMI.PAAramis Group | 298.8 m | 15.0 | 10.0% | 0.8% | +6.3% | −33% / −16% |
| ARVEN.PAArverne Group | 246.1 m | — | -14.0% | -115.3% | +27.0% | +20% / −35% |
| BGO.PACompagnie Chargeurs Invest | 189.4 m | — | -8.6% | -5.7% | −2.9% | unavailable / unavailable |
| ALCIS.PACatering International & Services | 145.0 m | 28.4 | 9.3% | 1.9% | +5.8% | +39% / +107% |
| ALCGM.PACegedim | 144.6 m | — | -2.6% | -1.2% | +10.9% | −26% / −49% |
| ATEME.PAAteme | 144.0 m | 151.3 | 2.8% | 1.0% | +2.2% | +82% / +77% |
| ALHEX.PAHexaom | 144.0 m | 6.7 | 9.9% | 2.2% | +13.1% | −32% / +7% |
| ALBON.PACompagnie Lebon | 111.7 m | 16.5 | 4.2% | 8.8% | −17.9% | +6% / +8% |
| ALHYF.PALhyfe | 75.8 m | — | -33.4% | -570.5% | +287.2% | unavailable / unavailable |
| ALFER.PASergeferrari Group | 61.5 m | 11.5 | 5.1% | 1.5% | +7.4% | −33% / −27% |
| ABEO.PAAbeo | 60.8 m | 7.3 | 6.9% | 3.0% | +12.6% | −13% / −54% |
1- and 3-year price returns: for MC.PA from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (EUR)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 232.12 Total return -42% · Per year -42% | 411.67 Total return 2% · Per year 2% | 621.88 Total return 53% · Per year 53% |
| 3 years | 198.05 Total return -46% · Per year -18% | 397.74 Total return 5% · Per year 2% | 663.52 Total return 71% · Per year 20% |
| 5 years | 168.98 Total return -49% · Per year -12% | 384.28 Total return 8% · Per year 2% | 707.95 Total return 91% · Per year 14% |
- Exit P/E± 99.44
- Net margin± 69.60
- Annual revenue growth± 60.75
- Annual dilution± 5.85
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
LVMH is the world's largest luxury group, bringing together more than 75 Maisons across six business sectors, from fashion and leather goods to wines and spirits. The group remains focused on the long-term development of these brands and on decarbonising and climate-proofing its supply chain, which matter for a company active in the largest luxury markets. 1
SWOT
Strengths
- A unique portfolio of more than 75 luxury Maisons across six sectors, offering diversification that is rare in the industry.
- A worldwide network of exclusive stores that allows control over brand image and distribution margins.
- World leadership in cognac and champagne, with complementary brand portfolios and a long-standing reputation for excellence.
Weaknesses
- High exposure to Asian markets, making results sensitive to developments in those economies.
- Dependence on a few key suppliers for leather and precious metals, where the leading supplier represents a significant share of purchases.
- High costs of the energy transition and of emissions reduction, which could weigh on margins in the short term.
Opportunities
- Development of recycled materials and sustainable alternatives could reduce supply and cost risks.
- Long-term contracts with renewable energy suppliers could stabilise the group's energy costs.
- Support for young designers and new talent could refresh the Maisons portfolio over the long term.
Threats
- Extreme climate events could affect production sites, warehouses and points of sale, with lost revenue.
- Carbon pricing mechanisms could increase the costs of energy-intensive raw materials.
- A fragmented market and competition from independent brands could pressure prices and market share.
Risks
- Physical climate risks to supplyhigh
Climate events can affect the quality and quantity of raw materials such as leather, cashmere and cotton, with effects on costs and availability.
- Physical risks at own sitesmedium
Extreme weather can disrupt manufacturing, storage and sales at a number of locations in high-risk areas.
- Carbon and energy costsmedium
Carbon pricing and rising energy prices could increase the costs of raw materials and transport.
- Uncertainty in climate scenarioslow
The analysis points to uncertainty about regulation, raw material prices and the ability of infrastructure to withstand extreme events.
- Dependence on key suppliersmedium
Concentration of sourcing among a few dominant leather and metal suppliers could expose the group to disruptions.
Investment thesis
What would need to be true (bull case)
- If the Maisons portfolio continues to deliver growth in Fashion and Leather Goods, the segment's high margins could support group results.
- Control of distribution through the own store network could protect margins and brand image in periods of uncertainty.
- Investment in renewable energy and recycled materials could reduce exposure to energy costs and supply risk.
What would break the thesis
- High exposure to Asia could make results vulnerable if demand in those markets declines.
- Climate risks to raw materials and own locations could generate extra costs that are hard to recover.
- If energy and carbon prices rise, margins in energy-intensive segments could come under pressure.
What to watch
- Progress toward the scope 1 and 2 emissions reduction target2026
- Evolution of sales and operating margin in Fashion and Leather Goods2025
- Share of renewable electricity at production sites and stores2026
- Update of the climate transition plan and physical risk analysisnext annual report
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
LVMH was created in 1987 through the merger of Moët Hennessy and Louis Vuitton, and Bernard Arnault became the main shareholder and chairman and chief executive in 1989 with the ambition of making the group the world leader in luxury 1. The group builds its position on a portfolio of Maisons developed over the long term, to which it provides shared resources for creation, manufacturing and selective distribution. 1
The group is the only player present at once in the major luxury sectors, from Wines and Spirits, where it is the world leader in cognac through Hennessy and holds the first champagne portfolio, to Fashion and Leather Goods, Perfumes and Cosmetics, Watches and Jewelry, Selective Retailing and Métiers d'Art. 1
Fashion and Leather Goods brings together brands such as Louis Vuitton, Christian Dior, Celine, Loewe, Fendi and Loro Piana, each keeping its identity and management autonomy. The exclusive network of own stores gives the group control over distribution and brand image. 1
Segments
Wines and Spirits
The segment combines long-established Maisons in Champagne, Bordeaux and Cognac and relies on a powerful international distribution network. The group is the world leader in cognac through Hennessy and holds the largest champagne portfolio, focused on the premium end of the market. 1
Perfumes and Cosmetics
The segment includes the Christian Dior, Loewe, Kenzo and Givenchy perfume lines, integrated separately from the Fashion and Leather Goods activity. Detailed financial figures for this segment do not appear in the source text. 1
Market context
The luxury fashion and leather goods market is highly fragmented, with a few large international players and numerous smaller independent brands, and competition takes place across product categories and geographic regions. 1
In 2024 Asia (excluding Japan) represented 36 % of Fashion and Leather Goods sales, Europe excluding France 19 % and the United States 17 %, showing significant exposure to Asian markets. 1
Trends
- Pressure on raw material supplyheadwind
Extreme climate events can disrupt the production and harvest of materials such as leather, cashmere, cotton, precious stones and grapes, with higher costs over the medium and long term. The group considers these extra costs major and critical. 1
- Energy and carbon costsheadwind
Carbon pricing mechanisms and rising energy prices could pressure the costs of energy-intensive materials such as glass and precious metals, while the scarcity of fossil fuels makes access to energy increasingly uncertain. 1
- Shift to renewable energymixed
The goal of 100 % renewable or low-carbon electricity at production sites, logistics centres, offices and stores by 2026 could reduce exposure to energy costs, although it requires higher initial investment. 1
- Expansion of the store networkmixed
The own network of more than 2300 boutiques, with 95 % of Fashion and Leather Goods sales made at retail, supports control over brand image and proximity to clients, but increases exposure to physical and climate risks at store locations. 1
Competitive position
Competition comes both from large international luxury groups and from numerous smaller independent brands, which face LVMH in every product category and in every region. 1
The group's position depends on its ability to attract the best creators, keep control of distribution and diversify sourcing, especially for leather and precious metals, where the leading supplier represents a significant share of purchases. 1
- Other large international luxury groups
The source only mentions the existence of a few large international players in luxury fashion and leather goods without naming them. No specific competitors can be identified from the given text.
- Independent luxury brands
Numerous smaller independent brands compete with the group across product categories and regions, according to the source.
- Luxury wine and spirits houses
In wines and spirits the source names no competitors, so no US-listed tickers can be identified from the text.
- Luxury distributors and platforms
The source does not identify competitors in distribution, beyond noting that the group keeps control through its own stores.
News & filings
In the press
- Jaf de peste un milion de euro în Portugalia. Doi suspecți, într-un dosar privind furtul unor bunuri de lux de la o vedetă TV din RomâniaMediafax · 05 Nov 2026 · RO
- The great disaster divide: How the super-rich are profiting from global climate sufferingClimate Home News · 04 Nov 2026 · EN
- STATION F startups raise record €2B as campus unveils 2026 Future 40Tech.eu · 04 Nov 2026 · EN
- Цены на мелкие бриллианты в октябре упали на фоне роста запасовInterfax Russia (RU) · 03 Nov 2026 · RU
- Brand enchantment: How luxury brands become a source of meaningfulness for employeesPhys.org · 02 Nov 2026 · EN
- Editorial Mitruț Docan - Kylian, ce-i de făcut? - GSPSurge — Google News · 28 Oct 2026 · RO
- Кейсы для трофеев: как Louis Vuitton хранит «Золотой мяч»RBC News (RU business+politics) · 27 Oct 2026 · RU
- Chinese shoppers are spending less on luxury. The world’s biggest fashion houses are feeling the pinchCNA (Channel NewsAsia) · 26 Oct 2026 · EN
- Вышел новый альбом Джона Ледженда «Мuse»Kommersant (RU) · 26 Oct 2026 · RU
- FT рассказала о «китайском похолодании» на рынке европейского люксаRBC News (RU business+politics) · 26 Oct 2026 · RU
- FT: капитализация ведущих производителей люкса упала на €251 млрдKommersant (RU) · 25 Oct 2026 · RU
- Franța se pregătește pentru noi proteste. Magazine și muzee din Paris își suspendă activitatea de teama violențelorMediafax · 23 Oct 2026 · RO
- Europe’s Luxury Giants Trade at Lowest Valuations in a DecadeBloomberg Markets · 23 Oct 2026 · EN
- John Legend lansează albumul „Muse”, primul material discografic al său realizat integral împreună cu Pharrell WilliamsMediafax · 22 Oct 2026 · RO
- Peste 3.000 de afaceri franceze au suferit pagube după revoltele de stradă. Statul cere interzicerea… - IMPACT.roSurge — Google News · 21 Oct 2026 · RO
- Европейские рынки акций во вторник закрылись в минусеInterfax Russia (RU) · 21 Oct 2026 · RU
- Louis Vuitton and Hermes among luxury retailers looted in French riotsCNA (Channel NewsAsia) · 20 Oct 2026 · EN
- Alexandru Muraru: Ca un laș, Sorin Grindeanu a trimis la înaintare un premier care să deconteze prăduiala națională. Guvernul Luca Niculescu s-a născut din ura președintelui împotriva lui Bolojan și a PNL - Cotidianul ROSurge — Google News · 20 Oct 2026 · RO
- Din magazinele jefuite, la vânzare pe Vinted? Anunțurile care au atras verificări - Monitorul de NeamțSurge — Google News · 20 Oct 2026 · RO
- Vinted sau vandali? Ce riști dacă achiziționezi produse de lux furate și cine ar putea profita de avalanșa de oferte online - Wall-Street.roSurge — Google News · 20 Oct 2026 · RO
Annual reports (ESEF)
- Annual report 202415 Apr 2025
- Annual report 202302 Apr 2024
Sources
- [1] Annual report, fiscal year ended 2024-12-31 (ESEF) · SEC / LVMH Moët Hennessy Louis Vuitton · 31 Dec 2024
Figures computed by olivLaw from ESEF annual reports and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.