Hermes Profit Growth Continued To Slow Down By 18.6% In 2015.

According to Hermes's 2015 profit, Hermes increased its profits by 18.6% last year, while at the same time,

This year's profit growth rate will continue to slow down, showing a slow growth trend.

Hermes international continued to maintain the expected slowdown in sales this year after 18.6% of its adjusted operating profit growth in fiscal 2015.

As the 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, adjusted operating profit increased from 1 billion 299 million euros in fiscal year 2014 to 1 billion 541 million euros, slightly better than the 1 billion 520 million euros expected by the market.

The adjusted operating margin increased slightly by 30 basis points to 31.8% and maintained the lead level of the same industry. The group once warned that the adverse floating of the exchange rate would lead to a profit margin falling to less than 31.5% in the 2014 fiscal year.

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 that due to global economic and geopolitical instability and currency turmoil, revenue growth in the 2016 fiscal year may be lower than the medium-term target 8% after the downgrade. The company's previous target was 10%. Currently the market generally expects the global luxury market to 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 CEO Axel Dumas also said at a conference call after today's earnings report.

After the terrorist attacks, the level of French tourists has not yet recovered, and it is too early for Brussels to fear the impact it will have to predict.

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.

It is revealed that the euro area price will increase by 3.5% with the increase in production costs this year, but there is no plan to adjust the price of other markets to narrow the price gap.