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Strong quarter from LVMH

  • LVMH-Moet Hennessy Louis Vuitton (OTCPK:LVMHF) posted organic revenue growth of 13% to top the expectations of analysts for a 9% increase.
  • Watches & Jewelry (+20%) and Perfumes & Cosmetics (+17%) were the categories with the strongest organic growth during the quarter.
  • LVMH press release 

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LVMH Moët Hennessy - Louis Vuitton, Société Européenne