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French luxury goods corporation Louis Vuitton Moët Hennessy - LVMH said today that its revenue and profit rose in fiscal 2022 on the back of significant growth in results achieved by all its divisions due to strong demand from consumers, DPA reported.

The Paris-based conglomerate's profit for the 12-month period came to 14.084 billion euros, up from 12.036 billion euros in 2021.

Louis Vuitton Moët Hennessy's revenue rose to €79.184 billion in fiscal 2022, up from €64.215 billion in the same period in 2021.

The company that owns the Zara brand has announced a significant increase in its net profit

The French corporation intends to distribute a dividend of €12 per share.

On December 5, 2022, 5 euros per share were paid.

The remaining €7 will be paid to shareholders on April 27.

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