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Luxury conglomerate LVMH reported better-than-expected earnings after the bell on Tuesday and a second quarter of organic revenue growth, as the sector’s recovering business in China starts to show up in balance sheets.
Organic revenue grew by 1% in the fourth quarter, flat from the same period a year earlier. Over the full year, revenue declined 1%.
The company reported fourth-quarter revenue of 22.7 billion euros, beating LSEG estimates of 22.2 billion euros. For the full year, revenue came to 80.8 billion euros.
Excluding Japan, Asia saw a noticeable improvement in trends compared to 2024, with a return to growth in the second half of the year, the company said.
