The excellent performance for LVMH in 2012

The excellent performance for LVMH in 2012

Plan of our presentation: o o Firstly, we will give the general information about the company. Then, we will describe the highlights of 2012. Later, we will cover the topic of the revenue by business group. And lastly, we will discuss profit from recurring operations.

o LVMH Moët Hennessy Louis Vuittonis represented in Wines and Spirits by a portfolio of brands that includes Moët & Chandon, Dom Pérignon, Veuve Clicquot Ponsardin etc

o LVMH is present in the Perfumes and Cosmetics sector with Parfums Christian Dior, Guerlain, Parfums Givenchy, Parfums Kenzo as well as other promising cosmetic companies Bene. Fit Cosmetics, Make Up For Ever etc.

o LVMH's Watches and Jewelry division comprises Bulgari, TAG Heuer, Zenith, De Beers Jewellery, a joint venture created with the world’s leading diamond group etc.

o Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of € 28. 1 billion in 2012, an increase of 19% compared to 2011.

Highlights of 2012 include: o o o o Profit from recurring operations close to 6 billion Euros; Further market share gains throughout the world; Strong momentum in the United States; Continued rapid growth in Asia; Strong progression in Wines & Spirits; Double-digit revenue growth and exceptional profitability at Louis Vuitton Improved performance of other Fashion & Leather Goods brands

Euro millions 2011 2012 % Change Revenue 23 659 28 103 + 19 % Profit 5 263 from recurring operations 5 921 + 13 % Group share of net profit 3 065 3 424 + 12 % Free cash flow* 2 177 2 474 + 14 %

Revenue by business group: 2011 2012 % change 2012/2011 Reported Organic* Wines & Spirits 3 524 4 137 + 17 % + 11 % Fashion & Leather Goods 8 712 9 926 + 14 % + 7 % Perfumes & Cosmetics 3 195 3 613 + 13 % + 8 % Watches & Jewelry 1 949 2 836 + 46 % + 6 % Selective Retailing 6 436 7 879 + 22 % + 14 % Other activities and eliminations (157) (288) - Total LVMH 23 659 28 103 + 19 % + 9 % Euro millions -

Profit from recurring operations by business group: 2011 2012 % change 1 101 1 260 + 14 % Fashion & Leather 3 075 Goods 3 264 +6% Perfumes & Cosmetics 348 408 + 17 % Watches & Jewelry 265 334 + 26 % Selective Retailing 716 854 + 19 % Other activities and eliminations (242) (199) - Total LVMH 5 263 5 921 + 13 % Euro millions Wines & Spirits

Plan of our presentation: o o Firstly, we gave the general information about the company. Then, we described the highlights of 2012. Later, we covered the topic of the revenue by business group. And lastly, we discussed profit from recurring operations.

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