5 Largest French Companies By Market Cap

1. LVMH

Market cap of the company (in billions of dollars): 292.97

Think of LVMH and you think of luxury and class, which has enable the company to easily top the list of 15 largest French companies by market cap. LVMH Moët Hennessy Louis Vuitton was only formed in 1987 through the merger of Louis Vitton and Moët Hennessy, but its history is actually much older and much more significant. Moët Hennessy itself was formed in 1971 after the merger of Moët & Chandon, and cognac maker Hennessy. Moët & Chandon was established in 1743, and is an incredible 277 years old, and still one of the largest wine producers in the world. In fact, one of its oldest brands is Château d’Yquem, which traces its origins back to the 16th century.

LVMH has divided its businesses into six distinct branches which encompass 60 subsidiaries and are namely Perfume and Cosmetics, Wine and Spirits, Fashion Group, Selective Distribution, Watches and Jewelry and Other Activities. In fact, its wine and spirits business is big enough to enable it to claim a place among the largest beverage companies in the world. In 2019, it had revenues of nearly 54 billion euros while its assets topped 128 billion euros and has around 130,000 employees across the world.

See also 20 Largest European Companies By Market Cap in 2020 and 10 Most Profitable Companies in the World in 2020

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