H1 2026 (to June) · Year-to-Date
Revenue¥7,120.1bn−3.0%
Profit from recurring ops¥1,604.8bn−4.0%
Net income¥1,051.4bn0.0%
Converted from EUR at this period's average rate. The change is as the company reported it, in EUR.
The world's largest luxury group grew organic revenue 2% in the first half (and 3% in the second quarter), but a strong euro pulled reported revenue down 3% and recurring profit down 4%. Japan posted growth for the half, and Watches & Jewellery (+9%) and its retail arm led; net profit held flat at €5.7bn.