LVMH POSTS THIRD QUARTER GROWTH

LVMH Moet Hennessy Louis Vuitton achieved revenues of EUR 10.6 billion in the first nine months of 2006, posting organic growth of 11% compared to the same period the year before.

Wine and spirits sales were up 12% during the first nine months, while the champagne brands saw sustained volume growth over the same period. Veuve Clicquot continued its rapid growth in the US, while Moet & Chandon and Dom Perignon had excellent performances in Europe and in Japan. Hennessy cognac saw volumes jump 9%, due to a “strong increase in its premium qualities.”