Forecast: Luxury Group LVMH Outstanding Performance In The First Half

LVMH's series of Givenchy brands.

The luxury industry has been experiencing a strong rebound since the fall in consumption in 2009, and the market is worried that the recovery of the US economy is unstable and the impact of the euro zone debt crisis is relatively small.

Although sales of consumer goods such as L'OREAL skin care products and shampoos have slowed in recent months, especially in the United States, Latin America and Eastern Europe, the performance of simple luxury brands such as Hermes and Burberry shows that the rich are pouring money together.

According to Reuters's survey of 10 analysts, it is estimated that LVMH's profit growth will reach 15% Euro 2 billion 100 million (1 billion 840 million pounds) before tax.

Operating income is expected to rise by 13% to 10 billion 200 million euros.

On an organic basis, the increase will be narrowed to 12.5%.

Analysts are eager to know the operating profit that rises with the rising price and the new trend of the group's acquisition after the acquisition of Bvlgari jewelry company in Italy this year.

LVMH is likely to be asked what he wants to do with Hermes, which owns more than 20% of Hermes shares.

LVMH's other rival, PPR group, including luxury brands like GUCCI, Yves Saint Laurent and Paris, will announce its first half results on Friday.