The world's largest luxury group LVMH Mo t Hennessy Louis Vuitton SA (MC.PA) MOET & CHANDON Hennessy LV group is extremely weak and restrained.

Anti corruption led to the unsalable sales of luxury goods, spirits and spirits. The group's 2014 consecutive financial year from continuing business profits fell for the first time in 5 years, or 5%, from 6 billion 7 million euros in the same period last year to 5 billion 715 million euros.

Due to the agreement signed with Herm s International SCA (HRMS.PA) Hermes international, the annual net profit of LVMH group rose 54.7%, from 3 billion 947 million euros to 6 billion 105 million euros in the same period last year, to 2 billion 810 million euros gained from 23.2% Herm s shares held by shareholders.

2014 fiscal year,

Revenue rose 5.6%, from 29 billion 16 million euros a year earlier to 30 billion 638 million euros, an organic growth of 5%. According to the region, the Asia Pacific region is the only market with negative organic growth. The market's income increased by -1% in 2014, and the fourth quarter was down 6%.

The weakness of the Asia Pacific market is mainly due to China's anti corruption, the high-end wine and spirits market downturn, and the mainland's rich tourists no longer patronize the Hongkong market, as well as two months of "occupy China".

Sales have a certain impact.

In the US market, the annual growth rate was 8% in the best performing market, 13% in the fourth quarter, 8% in Japan, 3% in Europe, and 5% in the four quarter.

By category, the wine and spirits sector was the hardest hit area of LVMH in 2014. In 2014, the sector revenue fell 5%, from 4 billion 173 million euros in the same period last year to 3 billion 973 million euros, an organic increase of -3%, an increase of 10% in fashion and leather goods sectors, and an organic increase of only 3%.

In the 2014 fiscal year, LVMH's operating profit also dropped by 8%, from 5 billion 898 million euros in the same period last year to 5 billion 431 million euros. Profits from continuing operations fell to mainly because of the sharp drop in profits in the spirits and wine sectors and jewelry and watch departments, especially in liquor and wine sectors. In the 2014 fiscal year, LVMH Group continued to fall from 16% of its continuing business profits, from 1 billion 367 million euros in the same period last year to 1 billion 147 million euros, and the jewelry and watch sector fell to 23%, down from 367 million euros in the same period last year to 283 million euros.

LVMH said in its earnings report that the global economy, exchange rate and geopolitical uncertainties were uncertain, but the company is confident that growth will continue in 2015.

In addition, LVMH announced a dividend of 2.30 euros, an increase of about 3% compared with 2.10 euros in the previous year.