""I'm delighted to present to you the figures for 2025, to begin with a good piece of news," he said. "I think we'll make it through the winter." He said that LVMH's results were "solid" in a challenging geopolitical and economic climate, and the company has "managed to get through this period." "2026 won't be simple either, but one thing at a time," he added."
"The group posted revenue of €80.8 billion, or about $96.9 billion, in 2025, a 5% decline from 2024. Of this, its wine and spirits division took the largest hit, with sales down 9% from 2024. LVMH has seen its revenue growth slow down in recent years. In 2020, it was hit hard by the COVID pandemic, seeing its annual revenue drop 17% compared to 2019. Business picked back up in 2021, where it saw a 44% revenue increase compared to 2020."
Bernard Arnault reassured investors that LVMH will make it through the winter while presenting 2025 results. The group reported €80.8 billion in revenue for 2025, a 5% decline from 2024. The wine and spirits division fell the most, with sales down 9% year-over-year. Revenue growth has slowed after a sharp COVID-era drop of 17% in 2020 and a 44% rebound in 2021. Aspirational customers cut luxury purchases amid inflation, and Chinese consumers were constrained by a real-estate-linked economic crisis. Sales declined 2% in 2024, and the company faced new challenges from tariffs last year.
Read at Business Insider
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