By  on January 31, 2013

PARIS — LVMH Moët Hennessy Louis Vuitton said net profit rose 12 percent in 2012, as revenues were boosted by a slight acceleration in sales growth in the fourth quarter despite a challenging economic context.

The French luxury giant said net profit rose to 3.4 billion euros, or $4.40 billion, in 2012 as a whole, compared with 3.1 billion euros, or $4.26 billion, in 2011.

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