1108 GMT - LVMH can ride out this year's initial turbulence, UBS's Zuzanna Pusz and Robert Krankowski write in a note to investors. The luxury group has, like its peers, seen some volatility from the Middle East conflict in the first half of the year. But financial results for the half-year should show signs of improvement due to self-help measures and a better backdrop, Pusz and Krankowski say. "We remain confident management is taking the right steps to sustainably strengthen the position of the brands." Shares rise 1.9% to 490.20 euros.(joshua.kirby@wsj.com; @joshualeokirby)
(END) Dow Jones Newswires
July 02, 2026 07:09 ET (11:09 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments