New Risk • Jul 28
New major risk - Revenue and earnings growth Earnings have declined by 1.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.6% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Tillkännagivande • Jul 21
Christian Dior SE to Report First Half, 2026 Results on Jul 27, 2026 Christian Dior SE announced that they will report first half, 2026 results on Jul 27, 2026 Upcoming Dividend • Apr 21
Upcoming dividend of €8.25 per share Eligible shareholders must have bought the stock before 28 April 2026. Payment date: 30 April 2026. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of French dividend payers (5.4%). Higher than average of industry peers (2.1%). Reported Earnings • Apr 05
Full year 2025 earnings released: EPS: €25.12 (vs €28.87 in FY 2024) Full year 2025 results: EPS: €25.12 (down from €28.87 in FY 2024). Revenue: €80.8b (down 4.6% from FY 2024). Net income: €4.53b (down 13% from FY 2024). Profit margin: 5.6% (down from 6.1% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 18% per year. Tillkännagivande • Mar 17
Christian Dior SE, Annual General Meeting, Apr 23, 2026 Christian Dior SE, Annual General Meeting, Apr 23, 2026. Location: carrousel du louvre, 99 rue de rivoli, paris France Declared Dividend • Jan 30
Final dividend of €8.25 announced Shareholders will receive a dividend of €8.25. Ex-date: 28th April 2026 Payment date: 30th April 2026 Dividend yield will be 2.8%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jan 28
Full year 2025 earnings released: EPS: €25.12 (vs €28.87 in FY 2024) Full year 2025 results: EPS: €25.12 (down from €28.87 in FY 2024). Revenue: €80.8b (down 4.6% from FY 2024). Net income: €4.53b (down 13% from FY 2024). Profit margin: 5.6% (down from 6.1% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 14% per year. Tillkännagivande • Jan 20
Christian Dior SE to Report Fiscal Year 2025 Results on Jan 27, 2026 Christian Dior SE announced that they will report fiscal year 2025 results at 5:40 PM, Central European Standard Time on Jan 27, 2026 Declared Dividend • Nov 28
First half dividend increased to €6.05 Dividend of €6.05 is 10.0% higher than last year. Ex-date: 2nd December 2025 Payment date: 4th December 2025 Dividend yield will be 2.3%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 20% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Tillkännagivande • Nov 28
Christian Dior SE Announces Interim Dividend for Financial Year 2025, Payable on December 4, 2025 Christian Dior SE announced interim 2025 dividend of €6.05 per share will be paid on December 4, 2025. Christian Dior will thus distribute a larger portion of the dividend received from LVMH. The ex-dividend date is December 2, 2025. The last trading day with interim dividend rights is December 1, 2025. Reported Earnings • Jul 27
First half 2025 earnings released: EPS: €13.14 (vs €16.76 in 1H 2024) First half 2025 results: EPS: €13.14 (down from €16.76 in 1H 2024). Revenue: €39.8b (down 4.5% from 1H 2024). Net income: €2.37b (down 22% from 1H 2024). Profit margin: 6.0% (down from 7.3% in 1H 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 11% per year. Tillkännagivande • Jul 24
Christian Dior SE to Report First Half, 2025 Results on Jul 24, 2025 Christian Dior SE announced that they will report first half, 2025 results on Jul 24, 2025 Upcoming Dividend • Apr 17
Upcoming dividend of €7.50 per share Eligible shareholders must have bought the stock before 24 April 2025. Payment date: 28 April 2025. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of French dividend payers (5.6%). Higher than average of industry peers (2.1%). Reported Earnings • Mar 28
Full year 2024 earnings released: EPS: €28.87 (vs €34.94 in FY 2023) Full year 2024 results: EPS: €28.87 (down from €34.94 in FY 2023). Revenue: €84.7b (down 1.7% from FY 2023). Net income: €5.21b (down 17% from FY 2023). Profit margin: 6.1% (down from 7.3% in FY 2023). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Tillkännagivande • Mar 27
Christian Dior SE, Annual General Meeting, Apr 17, 2025 Christian Dior SE, Annual General Meeting, Apr 17, 2025. Location: carrousel du louvre 99 rue de rivoli 75001 paris, paris France Declared Dividend • Mar 12
Final dividend of €7.50 announced Shareholders will receive a dividend of €7.50. Ex-date: 24th April 2025 Payment date: 28th April 2025 Dividend yield will be 2.3%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jan 30
Full year 2024 earnings released: EPS: €28.87 (vs €34.94 in FY 2023) Full year 2024 results: EPS: €28.87 (down from €34.94 in FY 2023). Revenue: €84.7b (down 1.7% from FY 2023). Net income: €5.21b (down 17% from FY 2023). Profit margin: 6.1% (down from 7.3% in FY 2023). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has fallen by 1% per year. Tillkännagivande • Jan 15
Christian Dior SE to Report Fiscal Year 2024 Results on Jan 28, 2025 Christian Dior SE announced that they will report fiscal year 2024 results After-Market on Jan 28, 2025 Declared Dividend • Nov 28
First half dividend of €5.50 announced Shareholders will receive a dividend of €5.50. Ex-date: 2nd December 2024 Payment date: 4th December 2024 Dividend yield will be 2.4%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €663, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 17x in the Luxury industry in France. Total returns to shareholders of 11% over the past three years. Reported Earnings • Jul 25
First half 2024 earnings released: EPS: €16.76 (vs €19.47 in 1H 2023) First half 2024 results: EPS: €16.76 (down from €19.47 in 1H 2023). Revenue: €41.7b (down 1.3% from 1H 2023). Net income: €3.02b (down 14% from 1H 2023). Profit margin: 7.3% (down from 8.3% in 1H 2023). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Tillkännagivande • Jul 09
Christian Dior SE to Report First Half, 2024 Results on Jul 23, 2024 Christian Dior SE announced that they will report first half, 2024 results on Jul 23, 2024 Buy Or Sell Opportunity • May 13
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.5% to €735. The fair value is estimated to be €922, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 27%. Buy Or Sell Opportunity • Apr 26
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.0% to €728. The fair value is estimated to be €922, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 27%. Tillkännagivande • Apr 23
Christian Dior Approves Dividend for Financial Year 2023, Payable on April 27, 2024 At the Annual Shareholders’ Meeting of Christian Dior held on April 18th, 2024, approval was given for the payment of a dividend for financial year 2023 of EUR 13 per share. Taking into account the EUR 5.50 paid on December 6th, 2023, the balance amounts to 7.50 Euros; it will be paid on April 25th, 2024. The last trading day with dividend rights is April 22nd, 2024. Upcoming Dividend • Apr 16
Upcoming dividend of €7.50 per share Eligible shareholders must have bought the stock before 23 April 2024. Payment date: 25 April 2024. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of French dividend payers (5.3%). In line with average of industry peers (1.6%). Buy Or Sell Opportunity • Apr 13
Now 20% undervalued Over the last 90 days, the stock has risen 15% to €734. The fair value is estimated to be €922, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 27%. Reported Earnings • Mar 29
Full year 2023 earnings released: EPS: €34.94 (vs €32.13 in FY 2022) Full year 2023 results: EPS: €34.94 (up from €32.13 in FY 2022). Revenue: €86.2b (up 8.8% from FY 2022). Net income: €6.30b (up 8.7% from FY 2022). Profit margin: 7.3% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Declared Dividend • Mar 14
Final dividend of €7.50 announced Shareholders will receive a dividend of €7.50. Ex-date: 23rd April 2024 Payment date: 25th April 2024 Dividend yield will be 1.6%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 20% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jan 26
Full year 2023 earnings released: EPS: €34.94 (vs €32.13 in FY 2022) Full year 2023 results: EPS: €34.94 (up from €32.13 in FY 2022). Revenue: €86.2b (up 8.8% from FY 2022). Net income: €6.30b (up 8.7% from FY 2022). Profit margin: 7.3% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jan 26
Christian Dior SE, Annual General Meeting, Apr 18, 2024 Christian Dior SE, Annual General Meeting, Apr 18, 2024. Agenda: To consider propose a dividend. Tillkännagivande • Jan 24
Christian Dior SE to Report Fiscal Year 2023 Results on Jan 25, 2024 Christian Dior SE announced that they will report fiscal year 2023 results on Jan 25, 2024 Reported Earnings • Jul 27
First half 2023 earnings released: EPS: €19.47 (vs €14.84 in 1H 2022) First half 2023 results: EPS: €19.47 (up from €14.84 in 1H 2022). Revenue: €42.2b (up 15% from 1H 2022). Net income: €3.51b (up 31% from 1H 2022). Profit margin: 8.3% (up from 7.3% in 1H 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jul 26
Christian Dior SE to Report First Half, 2023 Results on Jul 25, 2023 Christian Dior SE announced that they will report first half, 2023 results on Jul 25, 2023 Upcoming Dividend • Apr 18
Upcoming dividend of €7.00 per share at 1.4% yield Eligible shareholders must have bought the stock before 25 April 2023. Payment date: 27 April 2023. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of French dividend payers (5.4%). In line with average of industry peers (1.3%). Upcoming Dividend • Nov 24
Upcoming dividend of €5.00 per share Eligible shareholders must have bought the stock before 01 December 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of French dividend payers (5.8%). Higher than average of industry peers (1.5%). Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 7 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Helene Desmarais was the last independent director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 03
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €2.16b from profit in 1H 2021). Profit margin: (down from 7.5% in 1H 2021). The decrease in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 7 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Helene Desmarais was the last independent director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Apr 19
Upcoming dividend of €7.00 per share Eligible shareholders must have bought the stock before 26 April 2022. Payment date: 28 April 2022. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of French dividend payers (4.8%). In line with average of industry peers (1.5%). Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €543, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 24x in the Luxury industry in France. Total returns to shareholders of 51% over the past three years. Upcoming Dividend • Nov 23
Upcoming dividend of €3.00 per share Eligible shareholders must have bought the stock before 30 November 2021. Payment date: 02 December 2021. Trailing yield: 1.0%. Lower than top quartile of French dividend payers (3.9%). Higher than average of industry peers (0.9%).