4 Global Stocks Ready to Ride the Exquisite Growth in the Luxury Sector

LVMH Moet Hennessy Louis Vuitton SE Notizia

4 Global Stocks Ready to Ride the Exquisite Growth in the Luxury Sector
Kering SA,Coty Inc,LVMH Moet Hennessy Louis Vuitton SA ADR

Stocks Analysis by Investing.com (Ismael De La Cruz) covering: LVMH Moet Hennessy Louis Vuitton SE, Kering SA, Coty Inc, LVMH Moet Hennessy Louis Vuitton SA ADR. Read Investing.com (Ismael De La Cruz)'s latest article on Investing.com

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 32 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 53%

The sector has an exciting outlook and expects revenues of 580 billion by 2027.Apart from the IPO, we will also take a look at 3 other investment opportunities in the market.

It debuted on the Spanish stock exchange last week at a price of €24.5, giving it a market capitalization of €13.92 billion, making it Europe's largest IPO in 2024. At its debut, only institutional investors could buy shares, but retail investors can now do so as well.Admittedly, the exit price was at the high end of the range, reflecting the company's positive outlook for its future. However, the exit price represents a 15% discount to the industry average in terms of enterprise value.

In 2023 it turned over €4,304 million, achieved an ebitda of €849 million and posted a net profit of €465 million .

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

Investingcom /  🏆 450. in İT
 

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

3 Multi-Bagger Stocks Poised to Outperform in the Face of Geopolitical Jitters3 Multi-Bagger Stocks Poised to Outperform in the Face of Geopolitical JittersStocks Analysis by Investing.com (Ismael De La Cruz) covering: S&P 500, Dell Technologies Inc, Cisco Systems Inc, Monster Beverage Corp. Read Investing.com (Ismael De La Cruz)'s latest article on Investing.com
Leggi di più »

6 Entertainment Stocks Primed for Explosive Earnings Growth in 20246 Entertainment Stocks Primed for Explosive Earnings Growth in 2024Stocks Analysis by Investing.com (Ismael De La Cruz) covering: Walt Disney Company, Warner Bros Discovery Inc, Twenty-First Century Fox Inc Class B, Netflix Inc. Read Investing.com (Ismael De La Cruz)'s latest article on Investing.com
Leggi di più »

4 Stocks With No Sell Ratings Offering Stable Dividends, High Growth Potential4 Stocks With No Sell Ratings Offering Stable Dividends, High Growth PotentialStocks Analysis by Investing.com (Ismael De La Cruz) covering: Philip Morris International Inc, Verizon Communications Inc, Eversource Energy, Kinder Morgan Inc. Read Investing.com (Ismael De La Cruz)'s latest article on Investing.com
Leggi di più »

5 European Stocks With 90%+ Buy Ratings Poised for Strong Growth5 European Stocks With 90%+ Buy Ratings Poised for Strong GrowthStocks Analysis by Investing.com (Ismael De La Cruz) covering: Acerinox, Infineon Technologies AG NA O.N., UniCredit SpA, Logista. Read Investing.com (Ismael De La Cruz)'s latest article on Investing.com
Leggi di più »

4 Analyst-Backed Earnings Growth Machines Poised for Double-Digit Gains4 Analyst-Backed Earnings Growth Machines Poised for Double-Digit GainsStocks Analysis by Investing.com (Ismael De La Cruz) covering: Baker Hughes Co, Dollar Tree Inc, T-Mobile US Inc, PDD Holdings Inc DRC. Read Investing.com (Ismael De La Cruz)'s latest article on Investing.com
Leggi di più »



Render Time: 2025-01-14 02:09:02