LVMH Moët Hennessy Louis Vuitton, the luxury products group, has achieved a 9% increase in operating income for 2003, taking the amount to ?2,18 billion on sales of ?12 billion. LVMH enjoyed double-digit growth in sales and operating income for the second half of 2003 ? thereby repeating the feat from 2002 ? and has reported strong growth for the first two months of 2004.
The company will maintain its strategy of internal growth and the development of its leading brands.