F I N A N C I A L P E R F O R M A N C E M E A S U R E S
(EUR millions) 2021
Organic change(1)
2021/2020
Organic change
2021/2019
Wines & Spirits 5,974 +26% +9%
Fashion & Leather Goods 30,896 +47% +42%
Perfumes & Cosmetics 6,608 +27% 1%
Watches & Jewelry 8,964 +40% +7%
Selective Retailing 11,754 +18% 18%
Other activities and eliminations
19
TOTAL LVMH 64,215 +36% +14%
2021 Change
2021/2020 Change
2021/2019 Operating
margin
1,863 +34% +8% 31.2%
12,842 +79% +75% 41.6%
684 x8.6 0% 10.3%
1,679(1) x5.6 +128% 18.7%
534 N/A 62% 4.5%
(451)
17,151 +107% +49% 26.7%
PROFIT FROM RECURRING OPERATIONS BY BUSINESS GROUP
STORES (number)
2021 REVENUE BY REGION (as %)
(1) On a constant consolidation scope and currency basis. For the Group, changes in scope with respect to 2020 had a positive 10% impact, mainly related to the initial consolidation of Tiff any & Co. in the accounts; exchange rate fl uctuations had a negative 2% impact.
(1) Non-comparable scope of consolidation.
REVENUE BY BUSINESS GROUP
Other markets
11%
Asia (excl. Japan)
35%
Japan 7%
France 6%
Europe (excl. France) 15%
United States 26%
2019 2020 2021
4,915 5,003 5,556
PROFIT FROM RECURRING OPERATIONS (EUR millions)
REVENUE (EUR millions)
2019 2020 2021
53,670
44,651
64,215
2019 2020 2021
11,504
8,305
17,151