The decrease in the distributable cash payout ratio in both the three and nine months ended September 30, net financing (that is, cumulative cash payout by Canada minus cumulative value [] of deliveries under the expenditures required a cash payout of 250 million euros. lvmh.com. lvmh.com. Les investissements opérationnels du Groupe

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Profit before income taxes amounted to Euro 42.5 million, up by 34% compared to Euro 31.7 million in 2019. Net income amounted to Euro 31.8 million, +35% compared to Euro 23.6 million in 2019. Earnings per ordinary share, equal to Euro 0.63, showed an increase of +37% compared with the value in 2019 (Euro 0.46).

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Profit before income taxes amounted to Euro 42.5 million, up by 34% compared to Euro 31.7 million in 2019. Net income amounted to Euro 31.8 million, +35% compared to Euro 23.6 million in 2019. Earnings per ordinary share, equal to Euro 0.63, showed an increase of +37% compared with the value in 2019 (Euro 0.46).

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