LVMH – Hot or Not


LVMH (EPA:MC) stands for Moet Hennessy Louis Vuitton, a luxury goods company. It operates in 5 areas – Wines and Spirits; Fashion and Leather Goods; Perfumes and Cosmetics; Watches and Jewelry, and Selective Retailing. It has a market cap of EUR116.5 bn, a PE of 26.42 and a dividend yield of 1.74.per cent. Guest Wayne McCurrie, Senior Portfolio Manager, Ashburton and resident expert Paul Theron from Vestact decide whether LVMH is hot or not.

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