Monday, November 12, 2007

Christian Dior results

Recently Christian Dior Group announced their financial results comparing with the same period of the year in 2006. The evolution or involution can be discovered below:
Christian Dior Group Press Release:

Strong growth momentum

In the first nine months of the year, the Christian Dior Group reported revenues of 12 billion euros, reflecting organic growth of 13% compared to the same period in 2006.At current exchange rates, the evolution was as follows:


LVMH achieved revenues of 11,446 million euros in the first nine months of 2007, reflecting organic growth of 13%. All the business groups registered double-digit organic revenue growth during the period, with notable progress at Watches & Jewelry (+22%), Wines & Spirits (+14%) and Fashion & Leather Goods (+14%). Louis Vuitton continues its exceptional performance. Continuing a very positive momentum, LVMH’s organic revenue growth accelerated in the third quarter, increasing to 15% compared to an already strong performance in the third quarter of 2006.At end September 2007, Christian Dior Couture’s revenue rose to 570 million euros, an increase of 13% at constant exchange rates and 9% at current exchange rates. Highlights of the third quarter were the strong progress achieved by Ready-to-Wear Women and Men as well as Jewelry.The Christian Dior Group confirms its objective of a significant increase in its results in 2007.

Source: Christian Dior Group

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