Last July, reporting LVMH's first-half results, Jean-Jacques Guiony, chief financial officer of LVMH, made a pointed observation: group operating profit increased by only 7 per cent, due to the impact of the biggest currency fluctuations the group had ever seen. At constant exchange rates operating profit would actually have risen 19 per cent.
去年7月,路易威登軒尼詩(LVMH)財務長瓊-雅克•蓋恩伊(Jean-Jacques Guiony)在彙報該集團半年度業績時曾一針見血地指出:受該集團有史以來見過的、最大幅度匯率波動的影響,集團營業利潤僅成長7%。如果按恆定匯率計算,營業利潤實際上則成長了19%。
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