LVMH profits rise as Asian demand continues
Source:
BBC News 
Profits at LVMH for last year have beaten forecasts, with world's largest luxury goods group saying the outlook for 2012 was "excellent".
Net profits rose 1 percent to EUR3.06 billion (USD4.02b) but were up 34 percent if a one-off financial gain from LVMH's shares in Hermes in 2010 was excluded.
Sales rose 16 percent to EUR23.6b on Asian growth and at the Louis Vuitton unit.
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