Louis Vuitton 2005 Annual Report Download - page 46

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Philippe
Pascal
President of the Watches
and Jewelry business group
The strong growth in revenue
recorded by our business group is
the result of exceptional creativ-
ity in watchmaking and jewelry.
It is also the result of global sales
momentum driven by ambitious and
experienced teams, and effective
targeting of marketing expenditures.
We focus our energies and resources
on levers that create value. Our
brands are growing in both the
major markets and in new, high-
potential regions.
New product launches planned in
2006 and the continued improve-
ment of margins in a context of
strong markets will allow our busi-
ness group to maintain the strate-
gic course of significant and
profitable growth.
2004
493
REVENUE
EUR million
PASSIONATE ABOUT CREATIVITY
44
LVMH 2005 WATCHES AND JEWELRY
2005
573
2004
7
PROFIT FROM RECURRING
OPERATIONS
EUR million
2005
38
2004
19
INVESTMENTS
EUR million
2005
18
De Beers:
Talisman
collection.
REVENUE
BY GEOGRAPHIC REGION
in %
France 8%
Rest of Europe 23%
United States 24%
Japan 16%
Rest of Asia 15%
Other markets 14%