The Annual Meeting Is A Complex Year. Hermes Continues To Slow Down This Year.

As the international group raised its dividend by 14% to 3.35 euros per share, Herm s International SCA rose 3.1% to 321 euros on Wednesday.

In the 2015 fiscal year, 18.6% of the adjusted operating profit growth continued to maintain the expected slowdown in sales this year.

The adjusted operating profit increased to 1 billion 541 million euros from 1 billion 299 million euros in fiscal year 2014 in the 2015 fiscal year, slightly more than the expected market rate of 1 billion 520 million euros.

The adjusted operating margin increased slightly by 30 basis points to 31.8% and maintained the same level as the leading industry.

The rate dropped to less than 31.5% in fiscal year 2014.

Net profit was 973 million euros, up 13.2% from 859 million euros in the previous year.

When Hermes International released its four quarter and full year sales figures in February, it warned of global economic and geopolitical instability and currency turmoil, 2016

The growth rate is likely to be lower than the medium-term target of 8% after downgrading. The company had a target of 10%, and it is now widely expected that the global luxury market will grow by only 2% in 2016.

In view of more than 200 deaths and injuries that occurred yesterday in Brussels, Belgium, which resulted in a series of terrorist attacks related to IS terrorist attacks in Paris in mid November last year, the European luxury and tourism industry is more optimistic this year.

According to Bain&Co. Bain data, sales of 1/3 in the global luxury market are from tourists' consumption, while global blue data show that Paris's tourism consumption has dropped by 16% since the terrorist attacks in November 13th, and Europe has also fallen by 5%.

Group chief executive Axel Dumas also said at a conference call after today's earnings report that the level of French tourists has not recovered since the terrorist attacks in Paris, and it is too early for Brussels to predict the impact of terrorist attacks.

Faced with the cooling of the Chinese economy, the strong US dollar, and the frequent terrorist attacks in the euro zone, this year is expected to be a "complicated year", but the group will not panic.

Hermes Hermes, the 2015 financial year category shows no fashion Chinese data. The fourth quarter group's sales growth in France is only 1%, while the rest of Europe still has an increase of 11.6%. The overall European market increased by 7% in the four quarter, and 8.7% in 2015.

The Japanese market also benefited Chinese tourists' tourism consumption, the fourth quarter income increased by 16.2%, and the annual growth rate was 18.3%.

The fourth quarter and year-round growth in the Asia Pacific region were 5.2% and 5.1% respectively, mainly due to the growth of mainland China, which was offset by the weakness of Hong Kong and Macao.

Fourth quarter group's total revenue was 1 billion 398 million 500 thousand euros, an increase of 7.2% over the same period last year, the lowest growth rate in the past 6 years.

The total annual revenue recorded an increase of 8.1%, a significant slowdown compared with 11.1% in 2014, with an income of 4 billion 841 million euros, which is in line with expectations.

The group's target of earning 6 billion euros in 2020 remains unchanged.