2021 Annual Results

2021: a record year particularly for Fashion & Leather Goods division 15 REVENUE PROFIT FROM RECURRING OPERATIONS OPERATING FREE CASH FLOW 64.2 b bn€ +14% vs. 2019* +36% vs. 2020* 17.2 br + 49% vs. 2019 bn€ * Organic growth 2021 Annual Results 13.5 +107% x 2.2 vs. 2020 vs. 2019 OPERATING MARGIN 26.7% + 5.3 pts vs. 2019 + 8.1 pts vs. 2020 bn€ x 2.2 vs. 2020 GEARING 19.6 % LVMH

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