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LVMH shareholders approved a total dividend of €13.00 per share for the 2025 financial year at the company’s Annual General Meeting held on April 23, 2026.

Following an interim dividend of €5.50 paid in December 2025, the remaining €7.50 will be distributed on April 30, 2026. The last trading day with dividend rights is set for April 27, 2026.
LVMH reported resilient performance in Q1 2026, maintaining organic growth despite geopolitical headwinds.

The group generated €19.1 billion in revenue, with organic growth of 1%, as currency effects and scope changes weighed on reported figures. The conflict in the Middle East had an estimated negative impact of around 1 percentage point on growth.

Performance varied by segment. Watches & Jewelry (+7% organic) and Wines & Spirits (+5%) were key growth drivers, while Fashion & Leather Goods declined 2% organically and Perfumes & Cosmetics remained flat. Selective Retailing posted 4% organic growth, supported by strong momentum at Sephora.

Regionally, the U.S. saw a solid start to the year, while Europe and Japan were supported by local demand despite weaker tourism. Asia (excluding Japan) showed continued recovery, though the Middle East was negatively impacted by geopolitical tensions.

Overall, LVMH highlighted strong brand momentum, innovation, and geographic diversification as key strengths, maintaining confidence in its ability to navigate a volatile macro environment and sustain its global leadership in luxury.
LVMH reported resilient full-year 2025 results despite a volatile global economic and geopolitical backdrop. Revenue reached €80.8 billion, with organic growth returning in the second half of the year, while profit from recurring operations totaled €17.8 billion, corresponding to a 22% operating margin. Group share of net profit came in at €10.9 billion and operating free cash flow rose 8% year on year to €11.3 billion, supported by disciplined cost management and strong cash generation.

Performance varied by region and business line. The United States recorded growth on solid local demand, Europe weakened in the second half, Japan declined after an exceptional 2024, and Asia showed improving trends with a return to growth later in the year. Selective Retailing, driven by Sephora, delivered particularly strong results, while Fashion & Leather Goods remained highly profitable despite lower reported revenue. Wines & Spirits were pressured by weaker cognac demand, and Watches & Jewelry achieved organic growth led by iconic collections.

LVMH highlighted continued progress under its LIFE 360 environmental program, a significant global economic and social footprint, and confidence for 2026, emphasizing brand desirability, innovation, and vigilance on costs. The Group will propose a dividend of €13 per share for 2025 at the April 2026 shareholders’ meeting.
LVMH’s travel retail arm DFS has agreed to sell its Greater China retail business in Hong Kong and Macau to China Tourism Group Duty Free, marking a significant reshaping of the region’s luxury travel retail landscape.

Under the definitive agreement, CTG Duty-Free will acquire DFS’ retail stores in Hong Kong and Macau, along with selected DFS brands and intellectual property for exclusive use in Greater China. The transaction will be executed through CTG Duty-Free’s wholly owned subsidiary, China Duty Free International Limited, with proceeds paid in cash. Following the sale, DFS will continue to operate its travel retail business in other global markets.

Alongside the divestment, LVMH and the Miller family will reinvest a portion of the proceeds by subscribing to newly issued H-shares of CTG Duty-Free in Hong Kong. The parties have also signed a memorandum of understanding to pursue strategic cooperation in retail and related areas across Greater China, including store development, brand promotion, and customer experience initiatives. The transaction is subject to customary closing conditions and is expected to complete in around two months.

Source: LVMH press release, January 19, 2026
LVMH announced the acquisition of 100% of the shares of French publishing house Les Editions Croque Futur, bringing the titles Challenges, Sciences & Avenir, and La Recherche into its UFIPAR investment company.

The transaction builds on UFIPAR’s prior investment alongside founder Claude Perdriel and is intended to accelerate the development and distribution of the publications, particularly in digital formats. LVMH said the move underscores its commitment to high-quality journalism and the promotion of scientific culture to a broader audience.

As part of the acquisition, Maurice Szafran has been appointed President of Les Editions Croque Futur and will act as publishing director across all three publications.
LVMH has completed a €1 billion share buyback mandate originally launched on 17 February 2025. The company announced on 28 November 2025 that the mandate, carried out by an investment services provider, resulted in the acquisition of 1,899,397 LVMH shares. As previously stated, all shares repurchased under this program will be cancelled.
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