Financial performance measures
2025 REVENUE BY REGION
14 %
Other
markets
26 %
Asia
( excl . Japan )
8 %
Japan
8 %
France
18 %
Europe
( excl . France )
26 %
United States
STORES
( number )
2024 2025
6 , 307
6 , 283
2023
6 , 097
PROFIT FROM RECURRING OPERATIONS
( EUR millions )
2024 2025
19 , 571
17 , 755
2023
22 , 802
REVENUE
( EUR millions )
2024 2025
84 , 683
80 , 807
2023
86 , 153
Change 2025 / 2024
( EUR millions )2025Reported Organic
( 1 )
Wines & Spirits
5 , 358
– 9 % – 5 %
Fashion & Leather Goods
37 , 770
– 8 % – 5 %
Perfumes & Cosmetics
8 , 174
– 3 % 0 %
Watches Jewelry
10 486
1 3
Selective Retailing
18 348
0 4
Other activities
and eliminations
671
TOTAL LVMH 80 807 5 1
( EUR millions )2025
Change
2025 / 2024
Operating
margin
Wines & Spirits
1 , 016
– 25 % 19 . 0 %
Fashion & Leather Goods
13 , 209
– 13 % 35 . 0 %
Perfumes & Cosmetics
727
+ 8 % 8 . 9 %
Watches Jewelry
1 514
2 14 4
Selective Retailing
1 780
28 9 7
Other activities
and eliminations
491
TOTAL LVMH 17 755 9 22 0
1 On a constant consolidation scope and currency basis For the Group the impact
of changes in scope with respect to 2024 was negligible and the impact of
exchange rate fl uctuations was 3
REVENUE BY BUSINESS GROUP
PROFIT FROM RECURRING OPERATIONS
BY BUSINESS GROUP
