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Below are the financial statements of LVMH, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
Below are the financial statements of LVMH, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of EUR | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 84,683a | 86,153a | 79,184a |
| Cost of sales | -27,918a | -26,876a | -24,988a |
| Gross margin | 56,765a | 59,277a | 54,196a |
| Marketing and selling expenses | -31,002a | -30,768a | -28,151a |
| General and administrative expenses | -6,220a | -5,714a | -5,027a |
| Income/(loss) from joint ventures and associates | 28a | 7a | 37a |
| Profit from recurring operations | 19,571a | 22,802a | 21,055a |
| Other operating income and expenses | -664a | -242a | -54a |
| Operating profit | 18,907a | 22,560a | 21,001a |
| Cost of net financial debt | -442a | -367a | -17a |
| Interest on lease liabilities | -510a | -393a | -254a |
| Other financial income and expenses | 160a | -175a | -617a |
| Net financial income/(expense) | -792a | -935a | -888a |
| Income taxes | -5,157a | -5,673a | -5,362a |
| Net profit before minority interests | 12,958a | 15,952a | 14,751a |
| Minority interests | -408a | -778a | -667a |
| Net profit, group share | 12,550a | 15,174a | 14,084a |
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