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LVMH surges back from pandemic in bumper first quarter Toggle share menu
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LVMH surges back from pandemic in bumper first quarter
The pandemic had hit LVMH sales last year, but the rebound in early 2021 has been strong. (Photo: AFP/Daniel Leal-Olivas)
14 Apr 2021 01:41AM (Updated:
14 Apr 2021 01:41AM) Share this content
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PARIS: The world s top luxury goods group LVMH bounced back from the coronavirus pandemic to rake in higher sales in January-March than in the first quarter of 2019, the French company said in partial results published on Tuesday (Apr 13).
At €14 billion (US$16.7 billion), revenues grew 30 per cent on 2020 s coronavirus-hit figure to soar above analysts forecasts of below 13 billion.
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