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

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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 CET

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 2017 42 275 M
EBIT 2017 8 207 M
Net income 2017 4 910 M
Debt 2017 8 561 M
Yield 2017 1,90%
P/E ratio 2017 24,96
P/E ratio 2018 22,50
EV / Sales 2017 3,12x
EV / Sales 2018 2,87x
Capitalization 123 B
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Mean consensus OUTPERFORM
Number of Analysts 31
Average target price 261 €
Spread / Average Target 7,5%
EPS Revisions
Managers
NameTitle
Bernard Arnault Chairman & Chief Executive Officer
Antonio Belloni Group Managing Director & Director
Jean-Jacques Guiony Chief Financial Officer
Delphine Arnault-Gancia Director
Albert P. Frère Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
LVMH MOËT HENNESSY VUITTON SE-0.98%150 983
CHRISTIAN DIOR SE-1.10%66 601
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