LVMH Perfumes & Cosmetics Operating Profit Up 10.6% In 2003
This article was originally published in The Rose Sheet
Executive Summary
LVMH's Perfumes & Cosmetics business generated a 10.6% increase in operating income to reach $215.2 mil. (€1=$1.21) for 2003, largely on the strength of Christian Dior Parfums, the firm reported in a year-end earnings release March 3