LVMH Moet Hennessy Louis Vuitton SE (XSWX:MC)
CHF 1000 0 (0%) Market Cap: 275.59 Bil Enterprise Value: 304.71 Bil PE Ratio: 21.21 PB Ratio: 4.57 GF Score: 98/100
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Full Year 2022 LVMH Moet Hennessy Louis Vuitton SE Earnings Call Transcript

Jan 26, 2023 / 05:00PM GMT
Bernard Arnault;t Hennessy;Louis Vuitton;tÃ;EuropÃ;enne;Chairman;CEO
LVMH MoÃ;SociÃ

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Well, good evening. I'm delighted to be with you again. I think it's 2 years now, Mr. Guiony that we were not present. Perhaps on Zoom, perhaps that meant that I didn't have to work. That was all well and good, but at least I'm very pleased to be with you this evening to announce. I won't say once again at the risk of tiring you, record results for the group LVMH. You saw the chart that was published. We achieved just over EUR 79 billion in revenue over -- just over EUR 21 billion for profit from recurring operations, an increase 23% net income above EUR 14 billion free cash flow, just over EUR 10 billion.

So financial performance that's quite remarkable, really the consequence of the great work put in by our teams in the various Maisons in terms of the quality, the desirability of our products and our presence throughout the world that is both dynamic and outstanding and has

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