2020 Annual Results
2020 ANNUAL RESULTS
WATCHES & JEWELRY
KEY FIGURES
In millions of euros
⚫ REVENUE
Organic change
2020
2019
LVMH
- 24%
- 23%
3 356
4 405
⚫ PROFIT FROM RECURRING OPERATIONS
- 59%
2020 ANNUAL RESULTS
2020
2019
Bvlgari
302
736
11
LVMH
WATCHES & JEWELRY
2020 HIGHLIGHTS
Finalized Tiffany & Co acquisition
Strong recovery of Bvlgari in China and good resilience of TAG Heuer
| BVLGARI
Strong recovery in China in the second half
• Launch of Serpenti Viper and B.Zero1 << Rock >> lines and high-end jewelry collection Barocko
• Excellent reception to new watch Bvlgari Aluminium and 6th world record for Octo Finissimo
TAG HEUER
• Launched third generation of Connected Watch in New York
⚫ Celebrated brand's 160th anniversary with launch of limited editions
| HUBLOT
• Launched new products such as Big Bang Integral and Spirit of Big Bang Meca-10
⚫ Official Timekeeper of English football Premier League for 2020-2021 season
CHAUMET
• Reopened at historic Place Vendôme site in Paris and strengthened footprint in China
• Presented high-end jewelry collection Perspectives in Monaco and China
FRED
• Development of Force 10 line and launched Chance Infinie
• Expansion in China; reinforced digital presence
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LVMHView entire presentation