LVMH(LVMUY) - 2024 Q2 - Earnings Call Transcript

Rodolphe Ozun - Director of Financial Communications Jean-Jacques Guiony Rodolphe Ozun Turning to Fashion & Leather Goods on Slide 10 revenue reached €20.8 billion for the first half of 2024, up 1% on an organic basis and down 2% on a reported basis after taking into account a negative 3% currency impact. Profit from operations reached €8.1 billion, down 6% year-on-year. The main drivers of this decline are continued investments in distribution, which were partially offset by communication expenses and more ...