LVMH's shares fell by 5% on average after the release of strong annual results. According to the report, LVMH, owner of brands such as Louis Vuitton and Christian Dior, announced an improvement in its financial reporting.
Investors were disappointed, seeing that the company was unable to satisfy their greedy expectations. However, LVMH representatives emphasized that they remain confident in their plans for the future, despite the current decline. The company aims for long-term success, based on its strong performance indicators and market reputation.
"We are proud of our achievements in 2021, and our results reflect our consistent commitment to quality and innovation," stated a representative of LVMH. "We are confident that we will continue to grow and develop, regardless of short-term fluctuations in the market."
