LVMH profits spiral
19.9.06
Isaac Mostovicz writes...
For all the doom and gloom in the diamond industry at present, the problem is clearly not at the demand end.
LVMH profits leapt way above expectations in the first half of the year to 817m Euros–easily beating the analysts’ consensus estimate of 766m…
Watches and jewellery were strong performers, but perfumes and cosmetics were the star performers.
