Interim report
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Christian Dior 30 AVENUE MONTAIGNE Growth continues at the same pace Euro millions Paris , October 12 , 2021 The Christian Dior group recorded revenue of 44.2 billion euros in the first nine months of 2021 , up 46 % compared to 2020. Organic revenue growth over the period was 40 % compared to 2020. Compared to 2019 , organic growth over the first nine months of 2021 was 11 % , with trends in the third quarter ( + 11 % ) comparable to those of the first half , both by activity and by region . The Fashion & Leather Goods business group , which reached record levels over the period , recorded organic growth of 38 % compared to the third quarter of 2019 , identical to that recorded over the first six months of the year . The United States and Asia continued to see double - digit growth . Revenue by business group : Wines & Spirits Fashion & Leather Goods Perfumes & Cosmetics Watches & Jewelry Selective Retailing Other activities and eliminations 9 months 2020 3 349 13 934 3 674 2 266 PARIS 75008 7176 ( 51 ) 9 months 2021 4 251 21 315 4 668 6 160 7 795 Change 2021/2020 First 9 months Published + 27 % + 53 % + 27 % x 2.7 + 9 % Organic * + 30 % +57 % + 30 % + 49 % + 13 % Change 2021/2019 First 9 months Organic + 10 % + 38 % - 2 % + 4 % - 23 % ( 12 ) Total 30 348 44 177 + 46 % + 40 % + 11 % * with comparable structure and exchange rates . The structural impact for the Group compared to the first nine months of 2020 was + 10 % , largely linked to the consolidation for the first time of Tiffany & Co. The currency effect was -4 % . The Wines & Spirits business group recorded organic revenue growth of 30 % in the first nine months of 2021 compared to the same period of 2020 and 10 % compared to 2019. Champagne volumes were up 7 % compared to the first nine months of 2019. Growth was particularly strong in the United States and Europe , which notably benefited over the summer from the reopening of restaurants and the gradual recovery of tourism . Hennessy cognac performed well with a 4 % increase in volumes compared to 2019 while being limited by supply constraints . China and the United States experienced a strong rebound . The third quarter marked the integration for the first time of the prestigious Champagne Maison Armand de Brignac , in which LVMH has taken a 50 % stake . 1/5