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Louis Vuitton owner LVMH reported first-half 2026 revenue of €38.64bn ($43.93bn), down 3% on a reported basis, though organic revenue rose 2% year-on-year.
Growth accelerated to 3% organically in the second quarter, or 4% excluding the impact of the Middle East conflict.
Profit from recurring operations stood at €8.69bn, down 4%, while the group share of net profit held steady at €5.69bn.
Second-quarter revenue alone reached €19.52bn, up 3% organically.
Regionally, the US saw growth pick up pace across the half, while Asia excluding **** an continued the improving trend that started in the second half of 2025.

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