LVMH 9-Month Revenues Up 18%

(RTTNews) - LVMH Moet Hennessy Louis Vuitton (LVMHF.PK, LVMUY.PK), the world's largest maker of luxury goods, Monday reported revenues of 25.29 billion euros for the first nine months of 2015, up 18 percent from 21.40 billion euros reported last year.

Organic revenues grew 6 percent compared to the same period in 2014.

Wines and spirits division revenues rose 19 percent to 3.13 billion euros, while fashion and leather goods unit rose 16 percent to 8.87 billion euros. Revenues from perfumes and cosmetics group surged 16 percent 3.26 billion euros, while watches and jewelry segment revenues climbed 22 percent to 2.40 billion euros.