LVMH 2021 . Wa t c h e s & J e w e l r y

108 109

2019 2020 2021

REVENUE (EUR millions)

PROFIT FROM RECURRING OPERATIONS (EUR millions)

OPERATING INVESTMENTS (EUR millions)

4,405

3,356

8,964

2019 2020 2021

736

302

1,679

2019 2020 2021

296

210

458

Other markets

11%

Asia (excl. Japan)

36%

Japan 11%

France 2%

Europe (excl. France) 15%

United States 25%

2021 REVENUE BY REGION (as %)

2021 at a glance

STRONG REBOUND OF ACTIVITY IN OWN STORES AND SUCCESSFUL INTEGRATION OF TIFFANY & CO.

Major strategic priorities

Reinforce our Maisons desirability thanks to expert craftsmanship and distribution

Maintain Tiffany & Co. s powerful momentum

Spur continued growth at Bulgari and TAG Heuer with innovative products

Optimally develop manufacturing facilities