LVMH 2025 Revenue Drops 5% as Profit Falls 9% Despite Cash Flow Rise

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LVMH’s 2025 revenue was €80.8 bn (-5% reported, -1% organic), with recurring profit €17.8 bn (-9%) and free cash flow €11.3 bn (+8%). Fashion & Leather Goods and Wines & Spirits organic sales each fell 5%, and CEO Arnault warned 2026 “won’t be simple” due to geopolitical risks.

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