TAILIEUCHUNG - Annual Results 2012 : Bernard Arnault

This involves research and investigational work concerned with the development of new or revision of existing class and grade standards, including such matters as: (1) gaining cooperation of producer, trade and consumer organizations; (2) factfinding to arrive at the terms and conditions suitable to the needs of the various elements of the industry; (3) investigation for such factors as requirements for storing and handling, designation under which the commodity is usually marketed, changes in methods of preparation, harvesting and marketing, new means of preserving quality or condition, sanitary requirements dealing with facilities and operating procedures and new. | January 31 2013 MOẾT HENNESSY. LOUIS VUITTON 2012 Annual Results Excellent performance in 2012 Organic revenue growth of 9 High comparison basis Strong momentum in the US and good growth in Europe and Asia with contrasts between regions Profit from recurring operations up 13 Current operating margin of 21 Group share of net profit up 12 Strengthened financial position Free cash flow up 14 Reduced net debt level Wines Spirits Sustained demand and favorable product mix 2012 Highlights Volumes champagne 2 and Hennessy 6 Product mix improvement and positive effect from price increases Rapid progress in emerging countries particularly in Asia and good resilience in Europe and the US Strong innovation reinforced marketing spend and continued investment in production facilities Fashion Leather Goods Excellent performance of Louis Vuitton and other brands 2012 Highlights Louis Vuitton double-digit revenue growth Strong momentum in the US and good performances in Europe and in emerging markets despite contrasting conditions Rapid progress in leather goods Strengthened production capacities Fendi qualitative expansion of its retail network Céline all regions and product categories contributed to strong growth Improved performance of other fashion brands 5 Perfumes Cosmetics Strong momentum and reinforced positioning 2012 Highlights Christian Dior strong vitality of its iconic fragrances J adore and Miss Dior successful launch of make-up innovations and sustained growth of high-end skincare Prestige Guerlain excellent trend of the new fragrance La Petite Robe Noire and of Orchidée Impériale Benefit Make Up For Ever and Fresh another year of strong .

• Marketing - Bán hàng
• medicine availability
• private sector
• private pharmacies
• Insulin Like Growth
• Based Approach
• New Therapeutics
• official opinion
• private sectors
• Photosynthesis
• Carotenoids and Photosynthesis
• Carotenoid Biosyntesis
• sector availability
• originator brand medicines
• generic products ranged
• Germin Gene Products
• Under Salt Stress
• Adaptation and Tolerance
• Report medicine
• traditional medicine
• scientific reports
• intermediate cells
• cell proliferation
• medical analysis
• comprehensive imple mentation
• stringent enforcement
• intention of regulation
• Root Produced
• Volatile Secondary
• Metabolites
• Mediating Soil Interactions
• healthcare professionals
• patients is essential
• evidence based
• Regulatory Mechanism
• Asexual Cycles
• Terpenoids and Gibberellic
• Acids Interaction
• extent and nature
• reliable information
• prices and availability
• formulated and implemented
• Nutrition and Growth
• UV C Hormesis
• Relation to Some
• policy options are available
• equitable and sustainable
• Proteins and Enzymes
• Post Translational
• Nuclear Proteins
• ecall or difficulties
• Medicines adherence
• encouraging patients
• Salt Tolerance
• Harvested Fruits
• Fruits and Vegetables