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4-Traders Homepage  >  Equities  >  Euronext Paris  >  LVMH Moët Hennessy Vuitton SE    MC   FR0000121014

LVMH MOËT HENNESSY VUITTON SE (MC)
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LVMH Moët Hennessy Vuitton : November 10, 2017 Zenith and Bulgari win awards at 2017 Grand Prix d’Horlogerie de Genève

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11/10/2017 | 06:49pm CEST

The prestigious Grand Prix d'Horlogerie de Genève awards took place on November 8th in Geneva. The international jury saluted watchmaking excellence, innovation and expertise, awarding 16 prizes. The Innovation Prize went to the Zenith Defy Lab, while Bulgari took home two prizes for its Octo Finissimo Automatic and Octo Finissimo Tourbillon Skeleton men's watches.

Considered 'the Oscars of watchmaking', the Grand Prix d'Horlogerie de Genève announced its 2017 prizes on November 8th. Zenith won the Innovation Prize for its Defy Lab, the world's most accurate mechanical watch thanks to a groundbreaking oscillator. Awarded triple certification, this exceptional timepiece revisits the balance and hairspring regulator invented in January 1675 by the scientist Christiaan Huygens. A concentrate of precision and innovation, the Defy Lab is the first watch made from Aeronith, an aluminum composite lighter than titanium, aluminum or carbon fiber.

LVMH - Moët Hennessy Louis Vuitton SA published this content on 10 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 10 November 2017 17:48:02 UTC.

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Financials (€)
Sales 2018 46 389 M
EBIT 2018 9 397 M
Net income 2018 5 843 M
Debt 2018 4 994 M
Yield 2018 1,92%
P/E ratio 2018 25,39
P/E ratio 2019 23,22
EV / Sales 2018 3,34x
EV / Sales 2019 3,06x
Capitalization 150 B
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Mean consensus OUTPERFORM
Number of Analysts 31
Average target price 304 €
Spread / Average Target 2,5%
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Managers
NameTitle
Bernard Arnault Chairman & Chief Executive Officer
Antonio Federico Belloni Group Managing Director & Director
Jean-Jacques Guiony Chief Financial Officer
Delphine Arnault-Gancia Director
Antoine Arnault Director
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