First Half 2021 Results slide image

First Half 2021 Results

FIRST HALF 2021 RESULTS REVENUE EVOLUTION BY REGION LVMH 2021 vs 2020 2021 vs 2019 Organic growth Q1 2021 Q2 2021 H1 2021 Q1 2021 Q2 2021 H1 2021 UNITED STATES + 23% X 2.1 + 60% + 15% + 31% +23% JAPAN 8% X 2.1 + 42% 3% 4% 3% ASIA (EXCL. JAPAN) EUROPE + 86% + 55% + 70% + 26% + 34% +30% 9% + 87% + 25% 18% 15% - 16% FIRST HALF 2021 RESULTS INCOME STATEMENT SUMMARIZED 29 LVMH In millions of euros REVENUE H1 2019 H1 2020 H1 2021 % Change vs H1 2020 % Change vs H1 2019 25 082 18 393 28 665 + 56% + 14% GROSS MARGIN 16 635 11 391 19 556 + 72% + 18% Marketing and selling expenses (9 563) (8 000) (9 804) + 23% + 3% General and administrative expenses Equity investment income (1789) 12 (1 699) (2 099) + 24% + 17% (21) PROFIT FROM RECURRING OPERATIONS 5 295 1 671 (21) 7 632 + 357% + 44% Other operating income and expenses (54) (154) OPERATING PROFIT 5 241 1 517 (34) 7 598 + 401% + 45% Net financial income (expense) (205) (462) Income taxes (1 431) (511) (12) (2010) NET PROFIT BEFORE MINORITY 3 605 544 5 576 + 925% + 55% INTERESTS Minority interests (337) (22) (287) GROUP SHARE OF NET PROFIT 3 268 522 5 289 + 913% + 62% 30 LVMH
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