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

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

LVMH Moet Hennessy Louis Vuitton SE Новости

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

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 .

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 450. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

3 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
Источник: Investingcom - 🏆 450. / 53 Прочитайте больше »

6 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
Источник: Investingcom - 🏆 450. / 53 Прочитайте больше »

4 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
Источник: Investingcom - 🏆 450. / 53 Прочитайте больше »

5 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
Источник: Investingcom - 🏆 450. / 53 Прочитайте больше »

4 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
Источник: Investingcom - 🏆 450. / 53 Прочитайте больше »