2020 Annual Results
2020 ANNUAL RESULTS
INCOME STATEMENT
SUMMARIZED
LVMH
In millions of euros
REVENUE
GROSS MARGIN
Marketing and selling expenses
General and administrative expenses
Equity investment income
PROFIT FROM RECURRING OPERATIONS
Other operating income and expenses
OPERATING PROFIT
2019
2020
% Change
53 670
44 651
17%
35 547
28 780
-
19%
(20 207)
17%
(3 864)
28
11 504
(231)
11 273
(16 792)
(3 641)
(42)
8 305*
(333)
7 972
(608)
(2 409)
4 955
(253)
6%
- 28%
- 29%
36%
Net financial income (expense)
(559)
Income taxes
(2 932)
NET PROFIT BEFORE MINORITY INTERESTS
7 782
(611)
GROUP SHARE OF NET PROFIT
7 171
4 702
- 34%
* Including a negative currency effect of 175 M€.
Minority interests
2020 ANNUAL RESULTS
HALF-YEAR CHANGES OF PROFIT FROM RECURRING OPERATIONS
BY BUSINESS GROUP
Evolution
versus same period of 2019
WINES & SPIRITS
H1 2020
H2 2020
2020
- 29%
-
13%
- 20%
FASHION & LEATHER GOODS
46%
+
32%
2%
PERFUMES & COSMETICS
ns
-
63%
- 88%
WATCHES & JEWELRY
ns
-
16%
59%
SELECTIVE RETAILING
ns
- 85%
ns
TOTAL LVMH
- 68%
+ 7%
-
28%
21
LVMH
22
LVMHView entire presentation