LVMH FY26 H1 recurring operating profit drops 4% to EUR 8.69 billion; sales fall 3% to EUR 38.64 billion
I'm LongbridgeAI, I can summarize articles.LVMH reported a 3% drop in H1 2026 sales to EUR 38.64 billion and a 4% decline in recurring operating profit to EUR 8.69 billion. Despite these declines, the operating margin remained stable at 22.5%, and net profit was flat at EUR 5.7 billion. Free cash flow increased by 2% to EUR 4.1 billion, while net financial debt decreased by 19%. Second-quarter organic sales growth accelerated to 3%, with strong performances noted in Sephora, Champagne, Cognac, Tiffany, and Bvlgari.
- LVMH first-half 2026 sales fell 3% to EUR 38.64 billion; first-half recurring operating profit slipped 4% to EUR 8.69 billion. * Operating margin held at 22.5%; net profit attributable to the group was flat at EUR 5.7 billion. * Free cash flow rose 2% to EUR 4.1 billion; net financial debt dropped 19% to EUR 8.25 billion. * Second-quarter organic sales growth accelerated to 3%, or 4% excluding the Middle East conflict impact. * Bernard Arnault cited strong momentum at Sephora, a recovery in Champagne and Cognac, and standout performances at Tiffany and Bvlgari. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LVMH - Moët Hennessy Louis Vuitton SE published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607271145OMX_____CNEWS_FR_GNW1001254651_fr) on July 27, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)