Key figures
LVMH’s long-term success depends not only on the Group’s solid business model and profitable growth strategy, but also on its unwavering commitment to creativity, excellence, as well as its environmental impact and corporate citizenship.
FINANCIAL INDICATORS
KEY FIGURES
INCOME STATEMENT
In millions of euros
| 2022 | 2023 | 2024 | |
|---|---|---|---|
Revenue | 79,184 | 86,153 | 84,683 |
Gross margin | 54,196 | 59,277 | 56,765 |
in % of revenue | 68 % | 69 % | 67 % |
Profit from recurring operations | 21,055 | 22,802 | 19,571 |
in % of revenue | 26.6 % | 26.5 % | 23.1 % |
Net profit | 14,751 | 15,952 | 12,958 |
Group share of net profit | 14,084 | 15,174 | 12,550 |
KEY FIGURES BY BUSINESS GROUP IN FRANCE
WINES & SPIRITS
Millions of euros
| 2022 | 2023 | 2024 | |
|---|---|---|---|
Revenue | 7,099 | 6,602 | 5,862 |
Profit from recurring operations | 2,155 | 2,109 | 1,356 |
Operating investments | 440 | 538 | 332 |
Sales volumes
millions of bottles
Sales volumes
millions of bottles
| 2022 | 2023 | 2024 | |
|---|---|---|---|
Champagne | 70.9 | 66.5 | 61.7 |
Cognac | 94.3 | 83.2 | 80.8 |
Sales volumes
millions of bottles
| 2022 | 2023 | 2024 | |
|---|---|---|---|
Champagne | 70.9 | 66.5 | 61.7 |
Cognac | 94.3 | 83.2 | 80.8 |
Revenue by geographic region of delivery
in %
KEY FIGURES BY REGION
REVENUE BY BUSINESS GROUP IN FRANCE
REVENUE BY BUSINESS GROUP IN FRANCE
as a % total revenue
FINANCIAL STRUCTURE
BALANCE SHEET DATA - DECEMBER 31, 2024
in billion euros and in %
Assets
Assets : 149
Liabilities
Liabilities: 149
NET DEBT AND FREE CASH FLOW
in millions of euros
NON FINANCIAL INDICATORS
ENVIRONMENTAL INDICATORS
CO² EMISSIONS
In metric tons of CO² equivalent
| CO2 emissions in 2022 | CO2 emissions in 2023 pro forma | Change (in %) | |
|---|---|---|---|
Wines & Spirits | 25,939 | 28,164 | +9% |
Fashion & Leather goods | 97,875 | 77,132 | -21% |
Perfumes & Cosmetics | 12,696 | 8,973 | -29% |
Watches & Jewelry | 7,779 | 4,985 | -36% |
Selective retailing | 85,134 | 26,711 | -69% |
Other activities | 28,020 | 31,519 | +12% |
Total | 257,444 | 177,484 | -31% |
SOCIAL INDICATORS
EMPLOYEES BY REGION
EMPLOYEES BY REGION
%
SUPPLIERS INDICATORS
AUDITS BY REGION
AUDITS BY REGION
%
LIFE 360 PROGRAM
CREATIVE CIRCULARITY
2023: New circular services (repairs, upcycling, etc.).
2026: Packaging: zero fossil-based virgin plastic.
2030: 100% of our new products covered by a sustainable design approach.
TRANSPARENCY
2030: 100% of our strategic supply chains covered by a dedicated traceability systems.
BIODIVERSITY
2026: 100% of strategic raw materials certified to preserve ecosystems and water resources.
2030: 5 million hectares (50,000 sq. km.) of flora and fauna habitat restored and/or restored.
WATER: 30% reduction in the Group’s water take across its operations and its value chain by 2030.
WATER
30% reduction in the Group’s water take across its operations and its value chain by 2030
CLIMATE
2026: 50% reduction in energy-related GHG emissions (baseline 2019).
2026: 100% renewable or low-carbon energy in-store and on-site.
2030: 55% reduction and/or avoidance of Scope 3 GHG (raw materials and transport).
Further information can be found in the
2025 CSR ROADMAP
INDIVIDUALITY AND NON-DISCRIMINATION
A “Hiring without discrimination” training session at least once every 3 years for every recruiter
50 % of Group Key Positions held by women
2 % of employees with disabilities within the Group
Achieve Digital Accessibility Level WCAG 2.1 AA
SUPPORTING THE SAFETY AND WELL-BEING OF EMPLOYEES
100 % of the 5 commitments of the Health and Safety Policy achieved:
Identify Health & Safety risks.
Establish a Health & Safety action plan.
Manage the Health & Safety approach.
Ensure all employees have an active role in Health & Safety.
Maintain a virtuous culture for a safe environment.
Comply with the 15 LVMH Fair Wage Principles
TRANSMITTING OUR WORLD HERITAGE’S SAVOIR-FAIRE
10,000+ visitors at the You & ME career orientation and job fairs held in 8 cities in France and Italy in 2024
1,700+ middle school students informed in France, Italy and the United States in 2024
750+ new apprentices in 2024 at the Institut des Métiers d’Excellence (IME) in 7 countries
COMMITTING TO A BETTER SOCIETY
At least one engagement action offered to all employees each year
Further information can be found in the 2024 Universal Registration Document,including CSRD reporting .