Christian Dior (CDI) AGM 2025 summary

Opening remarks and agenda

• Annual General Meeting held on April 17, 2025, to review 2024 performance and address shareholder matters.

Financial performance review

• Organic sales growth of 1% in 2024, with reported sales down 2% to €84.7 billion.

• Operating margin remained well above pre-COVID levels despite a 14% drop in current operating profit.

• Net profit attributable to the Group declined 17% to €5.2 billion.

• Free cash flow from operations increased to €10.5 billion, up from €8.1 billion in 2023.

• Gearing ratio improved to 10% at year-end 2024.

Dividend announcements

• Proposed dividend of €13 per share for 2024, with an interim payment of €5.50 on December 4, 2024, and the balance of €7.50 payable on April 28, 2025.