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Sector
Consumer Cyclicals
Size
Large Cap
Market Cap £96.39bn
Enterprise Value £141.69bn
Revenue £38.38bn
Position in Universe 8th / 850

Christian Dior : Approval for publication of the financial statements for the fiscal year ended June 30,2015 and revenue for the 1st quarter of the 2015/2016 fiscal year

Fri 16th October, 2015 5:01pm
Christian Dior : Approval for publication of the financial statements for the fiscal year ended June 30,2015 and revenue for the 1st quarter of the 2015/2016 fiscal year

FINANCIAL RELEASE

  1. APPROVAL FOR PUBLICATION OF THE FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED JUNE 30, 2015

The Board of Directors met on October 15, 2015 to approve for publication the financial statements for the fiscal year ended June 30, 2015, for which the main aggregates were as follows:

(EUR millions)Fiscal year from
July 1, 2014 to June 30, 2015
Fiscal year from
July 1, 2013 to June 30, 2014(a)
% Change
Revenue
Profit from recurring operations
Net profit
of which: Group share
Free cash flow (c)
35,081
6,296
6,165
2,378
3,481
30,867
6,051
3,892
1,425
2,537
+14%
+4%
+58%
+67%
+37%
(b)

(a) Figures restated with retrospective application of IFRS 10 and 11 on consolidation.

(b) +5% at constant structure and exchange rates.

(c) Before financial investments, transactions relating to equity and financing activities.

Audit procedures have been carried out and the audit report is being issued.

At the Shareholders' Meeting of December 1, 2015, the payment of a gross cash dividend of 3.20 euros per share will be proposed in respect of the fiscal year ended June 30, 2015. As an interim cash dividend of 1.25 euros per share was distributed on April 23, 2015, the final cash dividend will amount to 1.95 euros and will be paid as of December 15, 2015.

  1. REVENUE FOR THE 1ST QUARTER OF THE 2015 / 2016 FISCAL YEAR

In the period from July 1 to September 30, 2015, the Christian Diorgroup recorded revenue of 9.0 billion euros, up 16% compared to the period from July 1 to September 30, 2014. Organic revenue growth was 7%.

Revenue at actual exchange rates was as follows:

(EUR millions)Period from July 1
to September 30, 2015
(3 months)
Period from July 1
to September 30, 2014
(3 months)
Christian Dior Couture

LVMH

Other activities and eliminations
471

8,581

(6)
417

7,388

(6)
Total9,0467,799

Quarterly revenue for Christian Dior Couture was 471 million euros, up 13% at actual exchange rates and 5% at constant exchange rates compared with the period from July 1 to September 30, 2014. Retail sales revenue, up 15% at actual exchange rates and 7% at constant exchange rates, confirmed the Brand's vitality and the success of its creations throughout the world.

LVMH booked revenue of 8,581 million euros from July 1 to September 30, 2015, reflecting organic growth of 7% compared to the same period in 2014. The trend remains comparable to that recorded in the first six months of 2015. The Group continues to deliver strong growth in Europe and the United States, and is seeing an acceleration in Japan.

Revenue of the Christian Dior group, by business group, was as follows:

(EUR millions)Period from
July 1 to
September 30, 2015
(3 months)
Period from
July 1 to
September 30, 2014
(3 months)
Change at actual exchange ratesOrganic growth (a)
Christian Dior Couture
Wines and Spirits
Fashion and Leather Goods
Perfumes and Cosmetics
Watches and Jewelry
Selective Retailing
Other activities and eliminations
471
1,199
2,939
1,102
852
2,614
(131)
417
948
2,647
961
706
2,234
(114)
+13%
+26%
+11%
+15%
+21%
+17%
-
+5%
+16%
+3%
+7%
+11%
+5%
-
Total9,0467,799+16%+7%

(a) At constant structure and exchange rates.

In an uncertain economic and financial environment, the Christian Dior group will continue its strategy focused on innovation and targeted geographic expansion in the most promising markets. The Group will rely on the power of its brands and the talent of its teams to further extend its global leadership in the luxury market.

During the quarter and to date, no events or changes have occurred which could significantly modify the Group's financial structure.

* *
*

APPENDIX 1: Revenue by business group and by quarter (fiscal year ended June 30, 2015)

APPENDIX 2: Revenue by business group and by quarter (current fiscal year)

This financial release constitutes regulated information, and is made available on the Company's website(www.dior-finance.com).

Some of the statements contained in this financial release may include or be based on forward-looking information. Major risk factors, uncertainties or elements either beyond our control or unable to be anticipated as of this writing may thus cause actual results to differ significantly from those expressed or implied by the forward-looking information in this financial release. The statements made herein reflect our vision of the Group's business activities as of the date of this financial release. Accordingly, readers are cautioned not to place undue reliance on the information thus provided. Furthermore, it should be noted that we undertake no obligation to update publicly or otherwise revise any forward-looking statements.

This document is a free translation into English of the original French "Communiqu financier" dated October 16, 2015. It is not a binding document. In the event of a conflict in interpretation, reference should be made to the French version, which is the authentic text.



APPENDIX 1

Christian Dior group - Revenue by business group and by quarter (fiscal year ended June 30, 2015)

Fiscal year ended June 30, 2015
(EURmillions) Christian
Dior
Couture
Wines and
Spirits
Fashion and
Leather Goods
Perfumes and
Cosmetics
Watches and
Jewelry
Selective
Retailing
Other
activities and
eliminations
Total
Quarter from July 1 to September 30, 2014 417 948 2,647 961 706 2,234 (114) 7,799
Quarter from October 1 to December 31, 2014 437 1,348 3,151 1,116 810 2,918 (106) 9,674
Quarter from January 1 to March 31, 2015 433 992 2,975 1,094 723 2,656 (122) 8,751
Quarter from April 1 to June 30, 2015 478 938 2,958 1,065 829 2,635 (46) 8,857
Total1,7654,22611,7314,2363,06810,443(388)35,081
Fiscal year ended June 30, 2014 (a)
(EURmillions) Christian
Dior
Couture
Wines and
Spirits
Fashion and
Leather Goods
Perfumes and
Cosmetics
Watches and
Jewelry
Selective
Retailing
Other
activities and
eliminations
Total
Quarter from July 1 to September 30, 2013 368 1,032 2,428 879 655 2,093 (103) 7,352
Quarter from October 1 to December 31, 2013 388 1,346 2,744 1,034 767 2,612 (118) 8,773
Quarter from January 1 to March 31, 2014 356 888 2,639 941 607 2,222 (97) 7,556
Quarter from April 1 to June 30, 2014 389 789 2,391 898 659 2,160 (100) 7,186
Total1,5014,05510,2023,7522,6889,087(418)30,867

(a)Figures restated with retrospective application of IFRS 10 and 11 on consolidation.

APPENDIX 2

Christian Dior group - Revenue by business group and by quarter (current fiscal year)

Current fiscal year
(EURmillions) Christian
Dior
Couture
Wines and
Spirits
Fashion and
Leather Goods
Perfumes and
Cosmetics
Watches and
Jewelry
Selective
Retailing
Other
activities and
eliminations
Total
Quarter from July 1 to September 30, 2015 471 1,199 2,939 1,102 852 2,614 (131) 9,046








Corresponding period of the previous fiscal year
(EURmillions) Christian
Dior
Couture
Wines and
Spirits
Fashion and
Leather Goods
Perfumes and
Cosmetics
Watches and
Jewelry
Selective
Retailing
Other
activities and
eliminations
Total
Quarter from July 1 to September 30, 2014 417 948 2,647 961 706 2,234 (114) 7,799



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Christian Dior via Globenewswire

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