The LVMH (MC) share price recovered on Friday morning. Before that, he had fallen 1.5 percent at Euronext Paris at the beginning of the day. In the meantime, the course increased by 4.7 percent compared to the previous day. The French luxury group announced on Thursday after the Stocksenship conclusion that sales and profits declined in the first half of the financial year.
At the time of the creation of this article (Friday, July 24, 12:30 p.m., UTC+2), the price per share was 487.55 euros ($ 572.22). The LVMH share recently reached the previous maximum on January 27, 2025, when the course on the French stock exchange was 754.80 euros.
LVMH reported a drop in sales of four percent on Thursday. The profit even fell by 22 percent. Specifically, this means a decline in profit by 5.7 billion euros compared to the first half of the previous financial year.
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