1011 GMT - LVMH reported underwhelming figures for the third quarter, analysts at BofA Global Research write in a note. The owner of luxury brands such as Louis Vuitton and Dior said organic revenue for the period rose 1% on year to 18.50 billion euros. This was in line with consensus and BofA expectations. "Therefore, the underlying result whilst still weak, was not worse than feared," the analysts say. BofA expects the French company to report a 2% organic increase in revenue for 2026 as a whole. The stock trades 1.8% lower.
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