Rodolphe Feuzin
Director of Financial Communications
Replay available
LVMH Moët Hennessy - Louis Vuitton (OTC: LVMHF) Q2 2026 earnings conference call, held 2026-07-28. Replay captured from the company's public earnings webcast.

Director of Financial Communications
Chief Financial Officer
Analyst, Capitale Chevreux
Analyst, HSBC
Analyst, Citi
Analyst, BNP Paribas
Analyst, Goldman Sachs
Analyst, TD Cowen
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WEBVTT 00:00:00.071 -- 00:00:03.232 Good afternoon everyone and welcome to today's conference call. 00:00:03.232 -- 00:00:08.313 I'm Rodolphe Feuzin, Director of Financial Communications and with me is Cecile Cabanis, 00:00:08.313 -- 00:00:13.474 our Chief Financial Officer. Cecile will start with key highlights of the first 00:00:13.474 -- 00:00:18.595 half of 2026. I will then share details on performance by business groups, 00:00:18.595 -- 00:00:22.296 after which Cecile will comment on the financials and conclude. 00:00:22.296 -- 00:00:24.596 And then we'll 00:00:26.857 -- 00:00:29.771 be happy to take your questions. 00:00:29.771 -- 00:00:33.853 Turning now to our announcement, our release was issued a short while ago in French and 00:00:33.853 -- 00:00:38.736 English and is available on LVMH website, lvmh.com, 00:00:38.736 -- 00:00:43.478 as are the slides for today's call. The habitual safe harbor statement is included in 00:00:43.478 -- 00:00:47.400 our press release and on slide two of our presentation. 00:00:47.400 -- 00:00:52.690 Let's now move on to today's topic, our first half figures, and passing over to Cecile. 00:00:52.690 -- 00:00:57.453 Thank you Rodolphe. Hello everyone, thank you for attending the call and I will dive 00:00:57.453 -- 00:01:01.456 right into the results starting on slide 3. 00:01:01.456 -- 00:01:06.619 LVMH delivered a very solid set of results in the first half and a sequential 00:01:06.619 -- 00:01:08.220 acceleration 00:01:08.220 -- 00:01:13.283 on organic growth in the second quarter. Group revenue rose 2% organic in H1 at €38.6 00:01:13.283 -- 00:01:16.965 billion with Q2 up 3% organic. 00:01:20.468 -- 00:01:26.009 Operating margin reach a very high level of 22.5%, 00:01:26.009 -- 00:01:29.990 very good outcome as we remain f...