LVMH(US:LVMUY)2022-07-27 00:34Financial Performance - LVMH's revenue reached €367 billion, a 21% increase compared to H1 2021[5] - Profit from recurring operations amounted to €102 billion, up 34% versus H1 2021, with an operating margin of 279%[5] - Operating free cash flow was €40 billion, a decrease of 24% compared to H1 2021[5] - Group share of net profit increased by 23% to €6532 billion compared to H1 2021[71] Business Group Highlights - Wines & Spirits revenue increased by 23%, with profit from recurring operations up by 25%[13] - Fashion & Leather Goods revenue rose by 31%, and profit from recurring operations increased by 33%[21] - Perfumes & Cosmetics revenue grew by 20%, but profit from recurring operations decreased by 1%[28] - Watches & Jewelry revenue increased by 22%, with profit from recurring operations up by 26%[38] - Selective Retailing revenue increased by 30%, and profit from recurring operations increased significantly by 181%[46] Regional Performance - Strong revenue growth was observed in Europe, Japan, and the United States[7] - Asia (excluding Japan) was impacted by health restrictions in China during Q2[9] - The United States accounted for 27% of total revenue, compared to 25% in H1 2021[60] - Asia (excluding Japan) contributed 32% of total revenue, down from 38% in H1 2021[60]