{"id":83182,"date":"2026-07-28T00:05:49","date_gmt":"2026-07-28T00:05:49","guid":{"rendered":"https:\/\/english.saigonbiz.com\/vn\/lvmh-accelerating-growth-in-the-second-quarter-solid-first-half-results\/"},"modified":"2026-07-28T00:05:49","modified_gmt":"2026-07-28T00:05:49","slug":"lvmh-accelerating-growth-in-the-second-quarter-solid-first-half-results","status":"publish","type":"post","link":"https:\/\/english.saigonbiz.com\/vn\/lvmh-accelerating-growth-in-the-second-quarter-solid-first-half-results\/","title":{"rendered":"LVMH: Accelerating growth in the second quarter; solid first-half results"},"content":{"rendered":"<div>\n<p align=\"left\"><b><i>. Revenue: \u20ac38.6\u00a0billion<\/i><\/b><br \/><b><i>. Profit from recurring operations: \u20ac8.7\u00a0billion<\/i><\/b><br \/><b><i>. Free cash flow: \u20ac4.1\u00a0billion<\/i><\/b><\/p>\n<p align=\"right\">Paris, July\u00a027, 2026<\/p>\n<p align=\"justify\">LVMH Mo\u00ebt Hennessy Louis Vuitton, the world\u2019s leading high-quality products group, recorded revenue of \u20ac38.6\u00a0billion in the first half of 2026. LVMH maintained its innovative momentum and remained very solid in a geopolitical and economic environment that remained disrupted, amplified by the conflict in the Middle East. Growth accelerated in the second quarter, with organic revenue growth for the Group of 3% (4% excluding the impact of the conflict in the Middle East).<br \/>The United States saw growth accelerate and had a good first half of the year. Asia (excluding Japan) saw strong growth, confirming the improvement in trends observed starting in the second half of 2025. Japan posted growth for the half-year period and Europe showed good resilience. <\/p>\n<p align=\"justify\">Profit from recurring operations for the first half of 2026 came to \u20ac8.7\u00a0billion, equating to an operating margin that remained high at 22.5%. The Group share of net profit amounted to \u20ac5.7 billion, stable year on year.<\/p>\n<p align=\"justify\">Bernard Arnault, Chairman and CEO of LVMH, commented: \u201cLVMH demonstrated its solidity and effective strategy. Our Maisons\u00a0\u2013 which remained focused on ensuring the utmost quality in our products, and several of which are pursuing their creative renewal\u00a0\u2013 continued to inspire dreams and enhance their desirability. Accelerating growth in the second quarter arose in particular from the success of Jonathan Anderson\u2019s first designs for Christian Dior, the remarkable performance of Louis Vuitton\u2019s exceptional new stores in Beijing and Seoul, and Tiffany and Bvlgari\u2019s iconic lines. Strong growth at Sephora and the recovery in champagne and cognac also contributed to this excellent momentum. While continuing to pay very close attention to margins, we are entering the second half of the year with renewed confidence in the long-term potential of our Maisons and in our highly committed teams to continue to stand out and reinforce LVMH\u2019s leadership position. The latest edition of our <i>Journ\u00e9es Particuli\u00e8res<\/i> events will showcase the invaluable expertise of our craftspeople and the rich heritage of our Maisons, offering an array of unique experiences.\u201d <\/p>\n<p align=\"justify\">Highlights of the first half of 2026 included the following:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify;\">Solid results over the half-year period.<\/li>\n<li style=\"text-align:justify;\">Accelerating growth in the second quarter.<\/li>\n<li style=\"text-align:justify;\">Growth in profit from recurring operations excluding the negative currency impact.<\/li>\n<li style=\"text-align:justify;\">High level of operating margin maintained at 22.5%. <\/li>\n<li style=\"text-align:justify;\">Robust cash flow of \u20ac4.1\u00a0billion.<\/li>\n<li style=\"text-align:justify;\">Signs of recovery for Wines &amp; Spirits.<\/li>\n<li style=\"text-align:justify;\">Gradual acceleration in Fashion &amp; Leather Goods, which returned to organic revenue growth in the second quarter.<\/li>\n<li>Excellent performance in jewelry for Tiffany and Bvlgari.<\/li>\n<li>Sustained growth at Sephora.<\/li>\n<\/ul>\n<p><b>Financial highlights<\/b><\/p>\n<table style=\"border-collapse: collapse; margin-left:0; width:509.9pt; border-collapse:collapse ;\">\n<tr>\n<td style=\"width:245.74px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \"><i>In millions of euros<\/i><\/p>\n<p><\/td>\n<td style=\"width:122.87px;;text-align: center ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; text-align: center ;  vertical-align: middle; \"><b>First-half<\/b><br \/><b>2025<\/b><\/td>\n<td style=\"width:113.4px;;text-align: center ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; text-align: center ;  vertical-align: middle; \"><b>First-half<\/b><br \/><b>2026<\/b><\/td>\n<td style=\"width:98.94px;;text-align: center ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \"><b>% Change<\/b><br \/>Reported<\/td>\n<td style=\"width:98.94px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \"><b>% Change<\/b><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 Organic<\/td>\n<\/tr>\n<tr>\n<td style=\"width:245.74px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">Revenue<\/td>\n<td style=\"width:122.87px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">39 810<\/td>\n<td style=\"width:113.4px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">38 644<\/td>\n<td style=\"width:98.94px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">-3%<\/td>\n<td style=\"width:98.94px;;text-align: center ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">+2%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:245.74px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">Profit from recurring operations<\/td>\n<td style=\"width:122.87px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">9 012<\/td>\n<td style=\"width:113.4px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">8 691<\/td>\n<td style=\"width:98.94px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">-4%<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:245.74px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">Net profit, Group share<\/td>\n<td style=\"width:122.87px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">5 698<\/td>\n<td style=\"width:113.4px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">5 697<\/td>\n<td style=\"width:98.94px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">0%<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:245.74px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">Operating free cash flow<\/td>\n<td style=\"width:122.87px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">4 032<\/td>\n<td style=\"width:113.4px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">4 100<\/td>\n<td style=\"width:98.94px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">+2%<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:245.74px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">Net financial debt<\/td>\n<td style=\"width:122.87px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">10 176<\/td>\n<td style=\"width:113.4px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">8 245<\/td>\n<td style=\"width:98.94px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">-19%<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:245.74px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">Equity<\/td>\n<td style=\"width:122.87px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">66 875<\/td>\n<td style=\"width:113.4px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">69 694<\/td>\n<td style=\"width:98.94px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">+4%<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<\/table>\n<p><b>Revenue <\/b>by business group changed as follows:<\/p>\n<table style=\"border-collapse: collapse; width:508.6pt; border-collapse:collapse ;\">\n<tr>\n<td style=\"width:154.6px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \"><i>In millions of euros<\/i><\/td>\n<td style=\"width:117.2px;;text-align: center ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; text-align: center ;  vertical-align: middle; \"><b>First-half<\/b><br \/><b>2025<\/b><\/td>\n<td style=\"width:122.87px;;text-align: center ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; text-align: center ;  vertical-align: middle; \"><b>First-half<\/b><br \/><b>2026<\/b><\/td>\n<td colspan=\"2\" style=\"width:189px;;text-align: center ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; text-align: center ;  vertical-align: middle; \"><b>% Change<\/b><br \/><b>H1\u00a02026\u00a0\/ <\/b><br \/><b>H1\u00a02025<\/b><br \/>\u00a0\u00a0 Reported\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Organic*<\/td>\n<td style=\"width:94.47px;;text-align: center ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ;  vertical-align: middle; \"><b>% Change <\/b><br \/><b>Q2 2026 \/ <\/b><br \/><b>Q2 2025<\/b><br \/>Organic*<\/td>\n<\/tr>\n<tr>\n<td style=\"width:154.6px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">Wines &amp; Spirits<\/td>\n<td style=\"width:117.2px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">2 588<\/td>\n<td style=\"width:122.87px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">2 598<\/td>\n<td style=\"width:94.54px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">0%<\/td>\n<td style=\"width:94.47px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">+5%<\/td>\n<td style=\"width:94.47px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">+5%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:154.6px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">Fashion &amp; Leather Goods<\/td>\n<td style=\"width:117.2px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">19 115<\/td>\n<td style=\"width:122.87px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">18 146<\/td>\n<td style=\"width:94.54px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">-5%<\/td>\n<td style=\"width:94.47px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">-1%<\/td>\n<td style=\"width:94.47px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">+1%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:154.6px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">Perfumes &amp; Cosmetics<\/td>\n<td style=\"width:117.2px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">4 082<\/td>\n<td style=\"width:122.87px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">3 914<\/td>\n<td style=\"width:94.54px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">-4%<\/td>\n<td style=\"width:94.47px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">0%<\/td>\n<td style=\"width:94.47px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">-1%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:154.6px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">Watches &amp; Jewelry<\/td>\n<td style=\"width:117.2px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">5 090<\/td>\n<td style=\"width:122.87px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">5 225<\/td>\n<td style=\"width:94.54px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">+3%<\/td>\n<td style=\"width:94.47px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">+9%<\/td>\n<td style=\"width:94.47px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">+11%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:154.6px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">Selective Retailing<\/td>\n<td style=\"width:117.2px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">8 620<\/td>\n<td style=\"width:122.87px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">8 406<\/td>\n<td style=\"width:94.54px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">-2%<\/td>\n<td style=\"width:94.47px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">+5%<\/td>\n<td style=\"width:94.47px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">+6%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:154.6px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">Other activities and eliminations<\/td>\n<td style=\"width:117.2px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">315<\/td>\n<td style=\"width:122.87px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">356<\/td>\n<td style=\"width:94.54px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">&#8211;<\/td>\n<td style=\"width:94.47px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">&#8211;<\/td>\n<td style=\"width:94.47px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">&#8211;<\/td>\n<\/tr>\n<tr>\n<td style=\"width:154.6px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \"><b>Total LVMH<\/b><\/td>\n<td style=\"width:117.2px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \"><b>39 810<\/b><\/td>\n<td style=\"width:122.87px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \"><b>38\u00a0644<\/b><\/td>\n<td style=\"width:94.54px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \"><b>-3%<\/b><\/td>\n<td style=\"width:94.47px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \"><b>+2%<\/b><\/td>\n<td style=\"width:94.47px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \"><b>+3%<\/b><\/td>\n<\/tr>\n<\/table>\n<p><i>* On a constant perimeter and currency basis. For the Group, the perimeter impact with respect to the first half of 2025 was <\/i><br \/><i>-1% and the impact of exchange rate fluctuations was -5%.<\/i><\/p>\n<p><b>Profit from recurring operations <\/b>by business group changed as follows:<\/p>\n<table style=\"border-collapse: collapse; width:393.35pt; border-collapse:collapse ;\">\n<tr>\n<td style=\"width:193.67px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \"><i>In millions of euros<\/i><\/p>\n<p><\/td>\n<td style=\"width:113.4px;;text-align: center ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; text-align: center ;  vertical-align: middle; \"><b>First-half<\/b><br \/><b>2025<\/b><\/td>\n<td style=\"width:104px;;text-align: center ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; text-align: center ;  vertical-align: middle; \"><b>First-half <\/b><br \/><b>2026<\/b><\/td>\n<td style=\"width:113.4px;;text-align: center ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \"><b>% Change <\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"width:193.67px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">Wines &amp; Spirits <\/td>\n<td style=\"width:113.4px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">524<\/td>\n<td style=\"width:104px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">582<\/td>\n<td style=\"width:113.4px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">+11%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:193.67px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">Fashion &amp; Leather Goods<\/td>\n<td style=\"width:113.4px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">6 636<\/td>\n<td style=\"width:104px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">6 195<\/td>\n<td style=\"width:113.4px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">-7%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:193.67px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">Perfumes &amp; Cosmetics<\/td>\n<td style=\"width:113.4px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">425<\/td>\n<td style=\"width:104px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">417<\/td>\n<td style=\"width:113.4px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">-2%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:193.67px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">Watches &amp; Jewelry<\/td>\n<td style=\"width:113.4px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">762<\/td>\n<td style=\"width:104px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">831<\/td>\n<td style=\"width:113.4px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">+9%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:193.67px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">Selective Retailing<\/td>\n<td style=\"width:113.4px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">876<\/td>\n<td style=\"width:104px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">893<\/td>\n<td style=\"width:113.4px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">+2%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:193.67px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">Other activities and eliminations<\/td>\n<td style=\"width:113.4px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">(211)<\/td>\n<td style=\"width:104px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">(228)<\/td>\n<td style=\"width:113.4px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \">&#8211;<\/td>\n<\/tr>\n<tr>\n<td style=\"width:193.67px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \"><b>Total LVMH<\/b><\/td>\n<td style=\"width:113.4px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \"><b>9 012<\/b><\/td>\n<td style=\"width:104px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \"><b>8\u00a0691<\/b><\/td>\n<td style=\"width:113.4px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; \"><b>-4%<\/b><\/td>\n<\/tr>\n<\/table>\n<p><b>Wines &amp; Spirits: Signs of recovery for champagne and cognac; ongoing cost control measures<\/b><\/p>\n<p align=\"justify\">The <b>Wines &amp; Spirits<\/b> business group recorded organic revenue growth of 5% and profit from recurring operations up 11% in the first half of 2026. The champagne business showed encouraging signs, in particular for prestige cuv\u00e9es. Mo\u00ebt\u00a0&amp; Chandon began its second season as the Official Champagne of Formula\u00a01 Grand Prix races. In China, Hennessy cognac saw the positive momentum that began during Chinese New Year continue. The <i>V.S.<\/i> range of ready-to-serve cocktails was launched in the United States. Provence ros\u00e9 wines continued to make good progress. In addition to rigorous cost control, brand desirability and innovation remained the business group\u2019s core strategic priorities.<\/p>\n<p><b>Fashion &amp; Leather Goods: Organic growth in the second quarter<\/b><\/p>\n<p align=\"justify\">Revenue for <b>Fashion &amp; Leather Goods <\/b>saw organic growth in the second quarter, with a rapid acceleration in the United States, despite the impact of the conflict in the Middle East. The operating margin remained very high, even though operating profit was negatively affected by currency fluctuations. Louis Vuitton celebrated the 130th\u00a0anniversary of its legendary <i>Monogram<\/i>, paying tribute to its iconic bags and enriching its range with the <i>Monogram<\/i> <i>Embl\u00e8me<\/i> and the historic jacquard canvas used for the Maison\u2019s first trunks. The Maison continued to express its cultural vision through its stores, offering customers unique experiences, such as the new flagships in Beijing and Seoul, which achieved an excellent performance. Christian Dior saw accelerating growth with the excellent start for Jonathan Anderson\u2019s first designs. Inspired by a dress designed by Monsieur Dior,\u00a0the <i>Cigale<\/i> bag in particular has been very well received. Highlights of the half-year period included the opening of the Bamboo Pavilion in Tokyo and a new House of Dior store in Osaka. Loro Piana, which turned in another excellent performance, presented its new <i>Nomadic Reverie<\/i> collection, illustrating the rich sensory experience and excellent craftsmanship of the Maison\u2019s textile creations, while its range of leather goods was enriched with the <i>Extra Softy Bag<\/i>. Michael Rider at Celine, Jack McCollough and Lazaro Hernandez at Loewe, Sarah Burton at Givenchy and Maria Grazia Chiuri at Fendi continued the creative renewal of collections at their respective Maisons. Rimowa achieved strong growth in the half-year period. Berluti also had a good start to the year. An agreement was entered into with WHP Global for LVMH\u2019s sale of Marc Jacobs.<\/p>\n<p align=\"justify\"><b>Perfumes &amp; Cosmetics: Good performance by historic Maisons; ongoing selective retail approach<\/b><\/p>\n<p align=\"justify\">The <b>Perfumes\u00a0&amp; Cosmetics <\/b>business group, for which revenue remained stable on an organic basis in the first half of 2026, maintained its robust innovation policy and highly selective retail approach. The operating margin was up slightly. LVMH\u2019s historic Maisons had a good start to the year. Parfums Christian Dior performed well, buoyed by the launches of <i>J\u2019adore Intense <\/i>and eau de parfum versions of <i>Dior Addict<\/i>. In high perfumery, new signature scents were unveiled within <i>La Collection Priv\u00e9e<\/i>. Good momentum in makeup\u00a0\u2013 driven by <i>Forever<\/i> and <i>Backstage<\/i>\u00a0in particular\u00a0\u2013 also contributed to the Maison\u2019s performance. Guerlain saw strong growth driven by its <i>L\u2019Art\u00a0&amp; La Mati\u00e8re<\/i> and <i>Aqua Allegoria <\/i>fragrance collections, as well as accelerating growth in its iconic <i>Rouge\u00a0G <\/i>lipstick. Parfums Givenchy focused on the development of <i>L\u2019Interdit<\/i>. Maison Francis Kurkdjian expanded its <i>Oud<\/i> collection and Acqua di Parma celebrated its 110th anniversary.<\/p>\n<p align=\"justify\"><b>Watches\u00a0&amp; Jewelry: Acceleration driven by growing success of iconic lines<\/b><\/p>\n<p align=\"justify\">The <b>Watches &amp; Jewelry <\/b>business group recorded organic revenue growth of 11% in the second quarter, marking an acceleration. The operating margin was up over the half-year period. Tiffany &amp; Co. achieved an excellent performance and continued to successfully strengthen its iconic product lines\u00a0\u2013 <i>Knot<\/i> and <i>HardWear<\/i> in particular\u00a0\u2013 and to renovate its store network. Natalie Portman became the Maison\u2019s new brand ambassador. Bvlgari also achieved strong growth and unveiled a new artistic vision for high jewelry and prestige watches with <i>Eclettica<\/i>, which generated record-breaking revenue. The <i>Serpenti<\/i> collection was showcased in a new communication campaign. Chaumet continued to develop its <i>Bee de Chaumet<\/i> collection. In watches, TAG Heuer continued to enjoy a high-profile presence at Formula 1 Grand Prix races. <\/p>\n<p align=\"justify\"><b>Selective Retailing: Sustained growth for Sephora; sale of assets by DFS<\/b><\/p>\n<p align=\"justify\">In <b>Selective Retailing<\/b>, organic revenue growth was 5% in the first half of 2026 and the margin continued to grow. Sephora recorded sustained organic growth in its revenue. The Maison saw further market share gains in many countries, consolidating its global leadership position. It continued to enrich its unique selection of brands with a number of exclusive launches, including Rhode, which was a major success in North America and the United Kingdom. The retail network continued to expand, including successful market entries in Belgium and Croatia. Le Bon March\u00e9 once again posted revenue growth, driven by its differentiation strategy and its ever-unique slate of events. DFS sold its businesses in Greater China to China Tourism Group Duty Free; an agreement was also entered into to sell the Los\u00a0Angeles and San\u00a0Francisco airport concessions to Duty Free Americas, and to sell DFS Okinawa to Avolta.<\/p>\n<p align=\"justify\"><b>Outlook for 2026<\/b><\/p>\n<p align=\"justify\">Despite a geopolitical and economic environment that remains uncertain, the Group remains confident and will maintain a strategy focused on continuously enhancing the desirability of its brands, drawing on the exceptional quality of its products and excellence in retail. <br \/>Its exacting focus on the highest quality across all its activities, combined with the energy and unparalleled creativity of its teams, will enable the LVMH Group to reinforce its global leadership position in luxury goods once again in 2026.<\/p>\n<p align=\"justify\">An interim dividend of \u20ac5.50 will be paid on December\u00a03, 2026.\u00a0<\/p>\n<p align=\"justify\"><i>Regulated information related to this press release, the presentation on first-half results and the Interim Financial Report are available at <\/i><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xt-ZnGvbNQ191RZUNmjWnsg49rZGutZC0-ceyironN13lQcAJ86YpDVkZebYiuXHk55hP7LYcFwIDh9FVWxsASsIitZIi2Sew2IRPUAyFGMVok17pGtkBiQb88q99ostSuCBZ722ZPGHIVSl6JfTxQ==\" rel=\"nofollow\" target=\"_blank\" title=\"\"><i>www.lvmh.com<\/i><\/a><i>.<\/i><br \/><i>Limited review procedures have been carried out and the related report will be issued following the Board of Directors\u2019 meeting.<\/i><\/p>\n<p><i>Details from the webcast on the publication of 2026 first-half results are available at <\/i><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xt-ZnGvbNQ191RZUNmjWnu3gShwrnXpgahl03JDu4TZsaFyb_cqZs6klESlsP-sTXRqazpddRkAF-7mq7ZodBQE4xgVj4wKzjYJEaR97VZIPmwEy0jeqEqfJMj-3Xjekx_wncPQbrtFUJT0d3dYPEA==\" rel=\"nofollow\" target=\"_blank\" title=\"\"><i>www.lvmh.com<\/i><\/a><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=RkpTE2uw4QkZuCY4HIONGWKBLQrMkhAxsq3DvS1lNen0SHkTMVAIbtn8pjMjZOz6rp1g5YdTXcdoRH_DKIfNujJVHJtr3vNKDpl228dhQ8Z3v6QTo4NoxpO-TcT92tmzB5zQVfGKyvOMR_tN3NLXbg==\" rel=\"nofollow\" target=\"_blank\" title=\"\"><i>.<\/i><\/a><\/p>\n<p align=\"justify\"><b>APPENDIX<\/b><\/p>\n<p align=\"justify\">The condensed consolidated financial statements for the first half of 2026 are included in the PDF version of the press release.<\/p>\n<p align=\"justify\"><b>LVMH \u2013 Revenue by business group and by quarter<\/b><\/p>\n<p align=\"justify\"><b>Revenue for 2026 (in millions of euros)<\/b><\/p>\n<table style=\"border-collapse: collapse; margin-left:1.4pt; width:462.1pt; border-collapse:collapse ;\">\n<tr>\n<td style=\"width:105.87px;;border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><i>Full-year 2026<\/i><\/td>\n<td style=\"width:66.14px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Wines\u00a0&amp; Spirits<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Fashion\u00a0&amp; Leather Goods<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Perfumes\u00a0&amp; Cosmetics<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; text-align: right ;  vertical-align: middle; \">Watches &amp; <br \/>Jewelry<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Selective Retailing<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Other activities <br \/>and eliminations<\/td>\n<td style=\"width:66.14px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>Total<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"width:105.87px;;border-top: solid black 1pt ; vertical-align: middle ; \">First quarter <\/td>\n<td style=\"width:66.14px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: middle ; \">1 273<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: middle ; \">9 247<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: middle ; \">2 038<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: middle ; \">2 443<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: middle ; \">4 048<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: middle ; \">72<\/td>\n<td style=\"width:66.14px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: middle ; \"><b>19 121<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"width:105.87px;;border-bottom: solid black 1pt ; vertical-align: middle ; \">Second quarter<\/td>\n<td style=\"width:66.14px;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: middle ; \">1 324<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: middle ; \">8 899<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: middle ; \">1 876<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: middle ; \">2 782<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: middle ; \">4 358<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: middle ; \">284<\/td>\n<td style=\"width:66.14px;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>19 524<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"width:105.87px;;border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>First half<\/b><\/td>\n<td style=\"width:66.14px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>2 598<\/b><\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>18 146<\/b><\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>3 914<\/b><\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>5 225<\/b><\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>8 406<\/b><\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>356<\/b><\/td>\n<td style=\"width:66.14px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>38 644<\/b><\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\"><b>Revenue for 2026 (organic growth versus same period in 2025) <\/b><\/p>\n<table style=\"border-collapse: collapse; margin-left:1.4pt; width:460.7pt; border-collapse:collapse ;\">\n<tr>\n<td style=\"width:96.4px;;border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><i>Full-year 2026<\/i><\/td>\n<td style=\"width:73.74px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; text-align: right ;  vertical-align: middle; \">Wines\u00a0&amp;<br \/>Spirits<\/td>\n<td style=\"width:74.67px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Fashion\u00a0&amp; Leather Goods<\/td>\n<td style=\"width:74.47px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Perfumes\u00a0&amp; Cosmetics<\/td>\n<td style=\"width:77.67px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; text-align: right ;  vertical-align: middle; \">Watches &amp; <br \/>Jewelry<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Selective Retailing<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Other activities <br \/>and eliminations<\/td>\n<td style=\"width:66.14px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>Total<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"width:96.4px;;border-top: solid black 1pt ; vertical-align: middle ; \">First quarter <\/td>\n<td style=\"width:73.74px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: middle ; \">+5%<\/td>\n<td style=\"width:74.67px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: middle ; \">-2%<\/td>\n<td style=\"width:74.47px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: middle ; \">0%<\/td>\n<td style=\"width:77.67px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: middle ; \">+7%<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: middle ; \">+4%<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: middle ; \">&#8211;<\/td>\n<td style=\"width:66.14px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: middle ; \"><b>+1%<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"width:96.4px;;border-bottom: solid black 1pt ; vertical-align: middle ; \">Second quarter<\/td>\n<td style=\"width:73.74px;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: middle ; \">+5%<\/td>\n<td style=\"width:74.67px;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: middle ; \">+1%<\/td>\n<td style=\"width:74.47px;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: middle ; \">-1%<\/td>\n<td style=\"width:77.67px;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: middle ; \">+11%<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: middle ; \">+6%<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: middle ; \">&#8211;<\/td>\n<td style=\"width:66.14px;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>+3%<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"width:96.4px;;border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>First half<\/b><\/td>\n<td style=\"width:73.74px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>+5%<\/b><\/td>\n<td style=\"width:74.67px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>-1%<\/b><\/td>\n<td style=\"width:74.47px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>0%<\/b><\/td>\n<td style=\"width:77.67px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>+9%<\/b><\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>+5%<\/b><\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>&#8211;<\/b><\/td>\n<td style=\"width:66.14px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>+2%<\/b><\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\"><b>Revenue for 2025 (in millions of euros)<\/b><\/p>\n<table style=\"border-collapse: collapse; margin-left:1.4pt; width:462.1pt; border-collapse:collapse ;\">\n<tr>\n<td style=\"width:105.87px;;border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><i>Full-year 2025<\/i><\/td>\n<td style=\"width:66.14px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Wines\u00a0&amp; Spirits<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Fashion\u00a0&amp; Leather Goods<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Perfumes\u00a0&amp; Cosmetics<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; text-align: right ;  vertical-align: middle; \">Watches &amp; <br \/>Jewelry<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Selective Retailing<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \">Other activities <br \/>and eliminations<\/td>\n<td style=\"width:66.14px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>Total<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"width:105.87px;;border-top: solid black 1pt ; vertical-align: middle ; \">First quarter <\/td>\n<td style=\"width:66.14px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: middle ; \">1 305<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: middle ; \">10 108<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: middle ; \">2 178<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: middle ; \">2 482<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: middle ; \">4 189<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: middle ; \">49<\/td>\n<td style=\"width:66.14px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: middle ; \"><b>20 311<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"width:105.87px;;border-bottom: solid black 1pt ; vertical-align: middle ; \">Second quarter<\/td>\n<td style=\"width:66.14px;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: middle ; \">1 283<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: middle ; \">9 006<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: middle ; \">1 904<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: middle ; \">2 608<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: middle ; \">4 431<\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: middle ; \">267<\/td>\n<td style=\"width:66.14px;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>19 499<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"width:105.87px;;border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>First half<\/b><\/td>\n<td style=\"width:66.14px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>2 588<\/b><\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>19 115<\/b><\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>4 082<\/b><\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>5 090<\/b><\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>8 620<\/b><\/td>\n<td style=\"width:75.6px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>315<\/b><\/td>\n<td style=\"width:66.14px;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; \"><b>39 810<\/b><\/td>\n<\/tr>\n<\/table>\n<p align=\"left\"><b>Alternative performance measures<\/b><br \/>For the purposes of its financial communications, in addition to the accounting aggregates defined by IAS\/IFRS, LVMH uses alternative performance measures established in accordance with AMF position DOC-2015-12.<br \/>The table below lists these performance measures and the reference to their definition and their reconciliation with the aggregates defined by IAS\/IFRS in the published documents.<\/p>\n<table style=\"border-collapse: collapse; margin-left:5.4pt; width:480.3pt; border-collapse:collapse ;\">\n<tr>\n<td style=\"width:196.2px;;text-align: justify ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \"><b>Performance measures<\/b><\/td>\n<td style=\"width:444.2px;;text-align: justify ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \"><b>Reference to published documents<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"width:196.2px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \">Operating free cash flow<\/td>\n<td style=\"width:444.2px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \">URD (consolidated financial statements, consolidated cash flow statement)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:196.2px;;text-align: justify ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \">Net financial debt<\/td>\n<td style=\"width:444.2px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \">URD (Notes 1.22 and 19 to the consolidated financial statements)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:196.2px;;text-align: justify ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \">Gearing<\/td>\n<td style=\"width:444.2px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \">URD (\u201cComments on the consolidated balance sheet\u201d, page 322)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:196.2px;;text-align: justify ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \">Organic growth<\/td>\n<td style=\"width:444.2px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \">URD (\u201cComments on the consolidated income statement\u201d, page 318)<\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\"><i>URD: Universal Registration Document as of December\u00a031, 2025<\/i><\/p>\n<p><b>LVMH<\/b><\/p>\n<p align=\"justify\"><i>LVMH Mo\u00ebt Hennessy Louis Vuitton is represented in Wines and Spirits by a portfolio of brands that includes Mo\u00ebt &amp; Chandon, Dom P\u00e9rignon, Veuve Clicquot, Krug, Ruinart, Mercier, Ch\u00e2teau d\u2019Yquem, Domaine du Clos des Lambrays, Ch\u00e2teau Cheval Blanc, Colgin Cellars, Hennessy, Glenmorangie, Ardbeg, Belvedere, Woodinville, Volc\u00e1n de mi Tierra, Chandon, Cloudy Bay, Terrazas de los Andes, Cheval des Andes, Bodega Numanthia, Ao Yun, Ch\u00e2teau d\u2019Esclans, Ch\u00e2teau Galoupet, Joseph Phelps and Ch\u00e2teau Minuty. Its Fashion and Leather Goods division includes Louis Vuitton, Christian Dior, Celine, Loewe, Kenzo, Givenchy, Fendi, Emilio Pucci, Marc Jacobs, Berluti, Loro Piana, RIMOWA, Patou, Barton Perreira and Vuarnet. LVMH is present in the Perfumes and Cosmetics sector with Parfums Christian Dior, Guerlain, Parfums Givenchy, Kenzo Parfums, Perfumes Loewe, Benefit Cosmetics, Make Up For Ever, Acqua di Parma, Fresh, Fenty Beauty by Rihanna, Maison Francis Kurkdjian and Officine Universelle Buly. LVMH&#8217;s Watches and Jewelry division comprises Bulgari, TAG Heuer, Tiffany &amp; Co, Chaumet, Zenith, Fred, Hublot and l\u2019Ep\u00e9e. LVMH is also active in Selective Retailing as well as in other activities through DFS, Sephora, Le Bon March\u00e9, La Samaritaine, Groupe Les Echos-Le Parisien, Paris Match, Cova, Le Jardin d\u2019Acclimatation, Royal Van Lent, Belmond and Cheval Blanc hotels.<\/i><\/p>\n<p align=\"justify\"><i>\u201cThis document may contain certain forward-looking statements which are based on estimations and forecasts. By their nature, these forward-looking statements are subject to important risks and uncertainties and factors beyond our control or ability to predict, in particular those described in LVMH\u2019s Universal Registration Document which is available on the website (<\/i><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xt-ZnGvbNQ191RZUNmjWnuyj3zth92bmF9B835B3PsCCcWwFqOu3aBTtHAQFdtyTMeQ_9EdBxj7RaB9gVQOi8g==\" rel=\"nofollow\" target=\"_blank\" title=\"\"><i>www.lvmh.com<\/i><\/a><i>). These forward-looking statements should not be considered as a guarantee of future performance, the actual results could differ materially from those expressed or implied by them. The forward-looking statements only reflect LVMH\u2019s views as of the date of this document, and LVMH does not undertake to revise or update these forward-looking statements. The forward-looking statements should be used with caution and circumspection and in no event can LVMH and its Management be held responsible for any investment or other decision based upon such statements. The information in this document does not constitute an offer to sell or an invitation to buy shares in LVMH or an invitation or inducement to engage in any other investment activities.\u201d<\/i><\/p>\n<p><b>LVMH CONTACTS <\/b><\/p>\n<table style=\"border-collapse: collapse; border-collapse:collapse ;\">\n<tr>\n<td style=\"width:300.2px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \"><b> Analysts and investors<\/b><br \/><i> Rodolphe Ozun<\/i><br \/> LVMH<br \/> + 33 1 44 13 27 21<\/td>\n<td style=\"width:316.34px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \"><b> Media<\/b><br \/><i> Jean-Charles Tre\u0301han<\/i><br \/> LVMH<br \/> + 33 1 44 13 26 20<\/td>\n<\/tr>\n<tr>\n<td style=\"width:300.2px;;border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; \">\u00a0<\/p>\n<p><b>MEDIA CONTACTS <\/b><\/td>\n<td style=\"width:316.34px;;border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:300.2px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \"><b> France<\/b><br \/><i> Charlotte Marin\u00e9 \/ <\/i>+33 6 75 30 43 91<br \/><i> Axelle Gadala \/ <\/i>+33 6 89 01 07 60<br \/> Publicis Consultants<br \/> + 33 1 44 82 46 05<\/td>\n<td style=\"width:316.34px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \"><b> France<\/b><br \/><i> Michel Calzaroni \/ <\/i>+ 33 6 07 34 20 14<br \/><i> Olivier Labesse \/ Hugues Schmitt \/ Thomas Roborel de Climens <\/i>\/ + 33 6 79 11 49 71<\/td>\n<\/tr>\n<tr>\n<td style=\"width:300.2px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \"><b> Italy<\/b><br \/><i> Michele Calcaterra \/ Matteo Steinbach<\/i><br \/> SEC and Partners<br \/> + 39 02 6249991<\/td>\n<td style=\"width:316.34px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \"><b>UK<\/b><br \/><i> Hugh Morrison \/ Charlotte McMullen<\/i><br \/> Montfort Communications<br \/> + 44 7921 881\u00a0800<\/td>\n<\/tr>\n<tr>\n<td style=\"width:300.2px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \"><b> US<\/b><br \/><i> Nik Deogun \/ Eleanor French<\/i><br \/> Brunswick Group<br \/> + 1 212 333 3810<\/p>\n<p>\u00a0<\/td>\n<td style=\"width:316.34px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \"><b> China<\/b><br \/><i> Daniel Jeffreys<\/i><br \/> Deluxewords<br \/> + 44\u00a0772\u00a0212 6562<br \/> + 86 21 80 36 04 48<\/td>\n<\/tr>\n<\/table>\n<p id=\"gnw_attachments_section-header\">\n    <strong>Attachment<\/strong>\n<\/p>\n<ul id=\"gnw_attachments_section-items\">\n<li>\n        <a target=\"_blank\" href=\"https:\/\/www.globenewswire.com\/Tracker?data=1nGyWVoSKzlfAqJv7m6j6TzZ7z0S75gFw6-5zoE819CENBcOj7qc1rIR2e7guJJk2u0CC_JUQC0qf8hbDPwoVoMKACiV4KlI95dmW91VES_IzsEQEa8me3u31eZSRGxjKz20185zYqU0cm5GmawZ2A3VSvu7UEsMO28Rsi18XWsF01HCtae9geBcW2630kEU\" title=\"LVMH 2026 Half Year Results\" rel=\"nofollow\">LVMH 2026 Half Year Results<\/a>\n      <\/li>\n<\/ul>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/ml-eu.globenewswire.com\/media\/YTMyZDRhYjItOGM3My00NmRmLWI0MTctMjQ5MDM2ZjMwNzYyLTEwMTEwOTQtMjAyNi0wNy0yNy1lbg==\/tiny\/LVMH.png\" referrerpolicy=\"no-referrer-when-downgrade\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>. Revenue: \u20ac38.6\u00a0billion. Profit from recurring operations: \u20ac8.7\u00a0billion. Free cash flow: \u20ac4.1\u00a0billion Paris, July\u00a027, 2026 LVMH Mo\u00ebt Hennessy Louis Vuitton, the world\u2019s leading high-quality products group, recorded revenue of \u20ac38.6\u00a0billion in the first half of 2026. LVMH maintained its innovative momentum and remained very solid in a geopolitical and economic environment that remained disrupted, amplified [&#8230;]\n","protected":false},"author":1,"featured_media":85254,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-83182","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-people"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.6 (Yoast SEO v21.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>LVMH: Accelerating growth in the second quarter; solid first-half results - Biz and Live in Saigon<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/english.saigonbiz.com\/vn\/lvmh-accelerating-growth-in-the-second-quarter-solid-first-half-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LVMH: Accelerating growth in the second quarter; solid first-half results\" \/>\n<meta property=\"og:description\" content=\". Revenue: \u20ac38.6\u00a0billion. Profit from recurring operations: \u20ac8.7\u00a0billion. 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