The group said it was anticipating 15% operating profit growth for the first half when it published first half sales growth of 2% to €5.82 billion in July. A Reuters poll of 13 analysts points to first-half net profit, before exceptional items and goodwill, of €362m, 13.8% up on last year’s figure of €318m. The forecast for operating profit was in line with LVMH’s own, predicting a 15% increase to €814m.
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