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LVMH H1 2006 Revenue

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LVMH H1 2006 Revenue LVMH H1 2006 Revenue 25 July 2006 H1 2006 revenue highlights Strong organic growth from all business groups Excellent performances in Asia and Europe Robust growth for Wines & Spirits Louis Vuitton continues double-digit growth Exceptional momentum at Fendi, Sephora and Watches & Jewelry 2 LVMH – H1 2006 revenue in millions of Euros Change Organic Structure 6 968 -1% + 2% 6 173 + 12% 3 555 3 413 Q1 Q2 H1 2005 H1 2006 2006 3 Quarterly revenue growth +15% +13% +11% +12% +12% Organic +12% +4% Change +2% Structure -1% -1% -1% -1% Q1 2006 Q2 2006 H1 2006 4 H1 2006 revenue by region in Euros Others France 7% 14% Asia Europe 19% 19% Japan US (inc. Hawaii) 14% 27% 5 H1 2006 revenue growth in mainland US in dollars H1 2006 Wines & Spirits +6% Fashion & Leather Goods +8% Perfumes & Cosmetics +15% Watches & Jewelry +21% Selective Retailing +14% Total LVMH Group +11% 6 H1 2006 revenue growth in Japan in Yen H1 2006 Wines & Spirits +20% Fashion & Leather Goods +4% Perfumes & Cosmetics +5% Watches & Jewelry +22% Selective Retailing +12% Total LVMH Group +7% 7 H1 2006 revenue growth in Asia (exc. Japan) in Euros H1 2006 Wines & Spirits +34% Fashion & Leather Goods +22% Perfumes & Cosmetics +29% Watches & Jewelry +21% Selective Retailing +10% Total LVMH Group +21% 8 H1 2006 revenue growth in Europe in Euros H1 2006 Wines & Spirits +20% Fashion & Leather Goods +20% Perfumes & Cosmetics +11% Watches & Jewelry +20% Selective Retailing +1% Total LVMH Group +13% 9 Wines & Spirits H1 2006 revenue in millions of Euros Structure Change 1 220 Organic 0% +2% 1 030 605 +16% 632 588 506 295 310 615 337 524 278 Q1 Q2 H1 2005 H1 2006 2006 Champagne & Wines Cognac & Spirits 10 Wines & Spirits H1 2006 highlights Champagne Champagne volumes up 10% in H1 Rapid growth continues for Moët & Chandon and Dom Perignon in Japan Strong performance of Veuve Clicquot in Europe and the US Wines Double-digit growth for Wine Estates Cognac Hennessy volumes up 9% in H1 Excellent performance in Asia, especially China XO and VSOP categories recorded best performances Belvedere: strong volume growth in H1, especially in the US 11 Fashion & Leather Goods H1 2006 revenue in millions of Euros Organic Structure Change 2 466 0% ns 2 196 1 296 +12% 1 170 Q1 Q2 H1 2005 H1 2006 2006 12 Fashion & Leather Goods H1 2006 highlights Louis Vuitton : double-digit organic revenue growth continues Strong momentum in Europe and acceleration in Asia Further strengthening of store network : New “Maison” Taipei, Beijing Peninsula…. Sustained demand for new leather goods products : Suede, Monogram perforé, new Denim colors Good performances at other brands Exceptional revenue growth at Fendi Loewe success of Esencia line and Loewe160 canvas handbag Solid performance of DK driven by Collection 13 Perfumes & Cosmetics H1 2006 revenue in millions of Euros Change Organic Structure 1 169 0% +2% 1 034 +11% 597 572 Q1 Q2 H1 2005 H1 2006 2006 14 Perfumes & Cosmetics H1 2006 highlights Parfums Christian Dior strong growth continues Market share gains aided by Fashion house success Excellent performance in Asia, Europe and the US Continued rapid growth of perfumes driven by J’Adore Capture confirms its leadership in anti-aging category Rapid growth of make-up lines; Diorskin, Backstage and Addict Good progress of Guerlain Strong growth in Asia and Europe Worldwide success of new Orchidée Impériale skincare line Steady expansion of KissKiss line and good performance of Terracotta Continued double-digit revenue growth at BeneFit, with particularly strong momentum in Asia and Europe 15 Watches & Jewelry H1 2006 revenue in millions of Euros Organic Structure Change 320 0% +1% 260 +22% 170 150 Q1 Q2 H1 2005 H1 2006 2006 16 Watches & Jewelry H1 2006 highlights Another quarter of double-digit revenue growth at TAG Heuer Excellent performance in the US, Europe and Asia Success of Carrera and Aquaracer lines Launch of Zenith’s new Class Open and Defy lines Christal line drives rapid growth at Montres Dior Successful introduction of Chaumet’s Dandy Chronograph 17 Selective Retailing H1 2006 revenue in millions of Euros Organic Structure Change 1 798 1 675 -4% +3% +8% 895 903 Q1 Q2 H1 2005 H1 2006 2006 18 Selective Retailing H1 2006 highlights DFS benefiting from rapid development of Chinese clientele Excellent performance of Sephora in Europe, especially in France Continued double-digit comparable store revenue growth at Sephora US Solid performance of sephora.com Sephora opened first store in Beijing - China 19 H1 2006 revenue conclusion Continued double-digit organic revenue growth All business groups remain strong contributors Robust development of most brands, especially in Fashion & Leather goods Focus on star brands, innovative and quality products and improving profitability Confirm objective of very significant increase in 2006 results 20.
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