lvmh_ra_2015-va - 2015 ANNUAL RESULTS February 2 2016...

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February 2, 2016 2015 ANNUAL RESULTS ANNUAL RESULTS Bernard ARNAULT
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ANOTHER RECORD YEAR FOR LVMH IN 2015 2015 ANNUAL RESULTS 3 square4 Mixed global economic environment and geopolitical tensions square4 Sustained growth in Europe, the US and Japan square4 Record sales and profit from recurring operations o Revenue: +16% (6% organic) o Profit from recurring operations: +16% square4 Group share of net profit excluding the impact of the Hermès operation in 2014: +20% square4 Solid financial position o Free cash flow of 3,679 M€: +30% o Net debt to equity ratio of 16% WINES & SPIRITS 2015 Highlights Excellent momentum in the US and Japan, and continued destocking in China and continued destocking in China CHAMPAGNE AND WINES square4 Champagne: volumes +3% with sustained growth in Europe, the US and Japan square4 Rapid development of Estates & Wines COGNAC AND SPIRITS square4 Hennessy: volumes +8% with strong momentum in the US and continued destocking by distributors in China square4 Other spirits: rapid progress of Glenmorangie and Belvedere 4 2015 ANNUAL RESULTS
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FASHION & LEATHER GOODS 5 2015 Highlights Success of iconic lines and recent launches for Louis Vuitton and strong rise of new for Louis Vuitton and strong rise of new star brands LOUIS VUITTON square4 Robust creative momentum in all areas square4 Success of leather lines and Monogram and excellent response to Petite malle and novelties square4 Strong communication around fashion shows and Grand Palais exhibition retracing the brand’s history square4 Qualitative development of store network FENDI square4 Remarkable growth and strong demand for its iconic Selleria and Peekaboo lines LORO PIANA square4 Continued international development with selective store openings CÉLINE square4 Sustained growth across all its product categories; rapid progress of iconic bags Continued focus on creativity and investments in other fashion brands 2015 ANNUAL RESULTS PERFUMES & COSMETICS 6 2015 Highlights Market share gains and success of innovations for all brands CHRISTIAN DIOR square4 Continued vitality of emblematic lines J’adore and Miss Dior square4 Unprecedented worldwide success of new men’s fragrance Sauvage square4 Good performance in make-up with new Dior Addict Lipstick GUERLAIN square4 Solid development of fragrance L’Homme idéal and continued growth of skincare lines Orchidée Impériale and Abeille Royale BENEFIT square4 Excellent performance supported by successful innovations and sustained digital communication MAKE UP FOR EVER square4 Strong momentum with rapid growth of foundation Ultra HD FRESH square4 Accelerated expansion in Asia and start of European development 2015 ANNUAL RESULTS
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WATCHES & JEWELRY 7 2015 Highlights Robust growth of of of jewelry jewelry and and and cautious cautious cautious purchasing purchasing purchasing by multi by multi by multi-brand brand brand watch watch
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