2020 Annual Results
2020 ANNUAL RESULTS
WINES & SPIRITS
KEY FIGURES
In millions of euros
⚫ REVENUE
Organic change
2020
2019
2119
LVMH
■Champagne & Wines Cognac & Spirits
2507
⚫ PROFIT FROM RECURRING OPERATIONS
2020 ANNUAL RESULTS
2020
488
2019
690
900
2636
- 15%
- 14%
4 755
3069
5 576
- 20%
1 388
5
1039
1 729
LVMH
WINES & SPIRITS
2020 HIGHLIGHTS
Strong recovery in the US in the second half and improved trends in China
CHAMPAGNE & WINES
•
Champagne: volumes -19%
•
Significant negative impact on consumption, especially in restaurants and night clubs
Improved trends in Europe and return to growth in the US in second half
.
Integration of Château d'Esclans, high-end rosé wine acquired at the end of 2019
ΧΟ
Hennessy)
Hennessy
COGNAC & SPIRITS
•
Hennessy: volumes -4 %; back to growth in the second semester driven by V.S quality
Strong rebound in the US, helped by exceptional measures taken to support consumption
Improvement in trends in China
•
Launch in Europe of high-end rum Eminente
LVMH
6View entire presentation