LVMH shares, quotations of the MC share on the Stock Exchange

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ISIN code: FR0000121014
Sector: Non-durable consumer goods
Industry: Clothing/footwear

Le actions of LVMH SE are listed on the Euronext Paris index under the ticker MC and on the Milan Stock Exchange under the ticker LVMH.

See the share price history on Euronext Paris

Company Description

LVMH Moët Hennessy Louis Vuitton SE, simply known as LVMH, is a French company that operates in the luxury sector. LVM extension owns 75 brands world championships. I am you are the operational branches of the company: fashion Group, wines and spirits, perfumes and cosmetics, watches and jewels, selective distribution and other activities. LVMH is the world leader in the luxury sector, as can also be seen from the report by Deloitte “Global Powers of Luxury Goods” where she took first place. In 2021 with a valuation of $329 billion, LVMH became the most valuable company in Europe.
Its owner Bernard Arnault he is one of the richest people in the world; with assets estimated at $176 billion, Arnault ranks third in 2021.

The company's headquarters are in Paris.

I major brands owned by LVMH are:

• Louis Vuitton
• Christian Dior
• Bulgari
• Celine
• Loro Piana
• Kenzo
• Givenchy
• Fendi
• Tiffany & Co.
• Marc Jacobs
• Moët & Chandon
• Veuve Clicquot
• Hennessy
• Acqua di Parma
• Sephora
• The echoes
• Le Parisien
• TAG Heuer
• Guerlain
• Hublot
• Dom Pérignon
• Belvedere
• Krug
• DeBeers Diamond Jewellers
• Emilio Pucci
• Off-White
• Starboard Cruise Services
• Belmond

The oldest of the LVMH brands is the winemaker Château d'Yquem, whose origins date back to 1593. The last major acquisition in 2021 was that of the German footwear giant Birkenstock for 4 billion euros through the L Catterton and Financie're Agache funds controlled by the Arnault family.

The company has always distinguished itself by selling its brands only in its own stores or through selected retailers with the aim of maintaining its elitist character and keeping product prices high. There are 5.003 stores in the world and it has 150.000 employees. 30% of employees work in France.

It is listed on the Paris Stock Exchange (index Euronext Paris Exchange) and is a component of the index CAC40. It has listings in other world indices including the Milan Stock Exchange.

The main shareholder of the group is Bernard Arnault. Arnault has control through a direct personal stake (6,22%) and indirectly through the Christian Dior SE (41,3%), of which he is the owner and CEO. Overall, the Arnault family owns 47,5% of the shares and 63,13% of the voting rights.

THEshareholders of LVMH is composed as follows:

• Arnault family, 47,5%
• Foreign institutional investors, 39,6%
• French institutional investors, 7,9%
• individual shares, 4,8%
• treasury shares, 0,2%

In detail between main shareholders we find:

• Christian Dior SE, 41,3%
• Arnault family, 6,22%
• Capital Research & Management Co. (World Investors), 1,67%
• Vanguard Group Inc., 1,31%
• Norges Bank Investment Management, 1,23%
• Thornburg Investment Management, Inc., 1,14%
• Fidelity Management & Research Co. LLC, 0,92%

Turnover in 2020 was 44,7 billion euros with a net profit of 4,7 billion.
The revenues are broken down as follows:

• fashion and leather goods (47,4%)
• selective distribution (22,6%)
• wines and spirits (10,6%)
• perfumes and cosmetics (10%)
• watches and jewelery (7,4%)
• others (1,9%)

Geographically, the largest turnover comes from Asia with (34,4%) then the United States (23,8%) Europe (16,4%) and France (7,5%).

The shares are currently trading at around 662,30 euros.

Economic and financial analysis of the company

LVMH Moët Hennessy Louis Vuitton was founded in 1987 with the merger of two companies: Louis Vuitton, specialized in fashion accessories, founded in 1854, e Moët Hennessy, specializing in wines and spirits. Moët Hennessy was founded in 1971 from the merger of Hennessy with the historic champagne producer Moët & Chandon. The entrepreneur Bernard Arnault also invested in the merger between the two companies and became its president.
The abbreviation LVMH is the acronym of the initials of the brands.

Arnault had the desire to create a luxury group and to expand the company he began to acquire major international brands, especially Italian and American ones. Between the 25s and XNUMXs, you became the owner of XNUMX brands.

In 2011 he bought the brand Bulgari for 5,2 billion euros.

In 2013 LVMH buys from the family Loro Piana the Italian company of the same name for 2 billion euros.

In 2015 he took control of the French newspaper Le Parisien for about 50 million euros. Thus he strengthens the publishing sector where he was already the owner of the newspaper The echoes.

In July 2016 LVMH sells the brands Donna Karan e DKNY for 650 million dollars a G-III Apparel and acquired 640% of Rimowa, a German company specializing in suitcases, for 80 million dollars.

In 2017 the LVMH group acquires Christian Godr, held by the Christian Dior group, for 6,5 billion euros. He later sells the 8% stake in Hermès. In the same year, he acquired a majority stake in the maison Francis Kurkdjian, a perfume company and signs a joint venture with the De Beers.

In December 2018, LVMH acquires the luxury hotel chain Belmond for $3,2 billion. The Belmond chain owns or manages 46 hotels, restaurants, trains (such as the legendary Orient Express) and cruise ships.

In November 2019, the intention to acquire the famous American luxury brand was announced, Tiffany & Co., for 16,2 billion dollars. After some problems, the agreement was reached in October 2020 for a price of 16 billion dollars; in fact, the price per share went from 135 dollars to 131,5.

In February 2021 LVMH, through funds L Catterton e Financier Agache controlled by the Arnault family takes control of Birkenstock for 4 billion euros.

In April 2021 he strengthens his stake in the group Tod’s moving to a share of 10% (previously owned a 3,2% stake).

In the summer of 2021, he takes total control of the Emilio Pucci e buy 60% of the Off-White brand.