[straight news network Beijing on February 16 news] (Fashion) and Avon Products Inc. NYSE:AVP Avon disk before Thursday released fourth quarter and 2015 full year earnings, fourth quarter, the company's revenues have plunged 20.2% to $16.073 billion, 16 consecutive quarterly decline, leaving except for Liz Earle business and unfavorable exchange group claims to 3% increase. The fourth quarter revenue continued to decline in the Direct Selling Company mainly affected by the largest market in Latin American market dragged down, far less than the IQ Consensus Capital expected $.

In the fourth quarter of Avon Products Inc., Avon sustained a loss of $14.8 million business, a loss of $0.04 per share compared to the same period last year net loss 3.054 billion dollars, a loss of $0.70 per share; adjusted breakeven Johnson in capital IQ consensus expectations of earnings per share of $0.08.

Earnings and income both Xun is expected to influence, the company's share price before the plate diving stop no fashion Chinese press time EDT 8:03AM reported $3.00 fell 7.69%.

By region, in the fourth quarter of Latin America, Asia and EMEA income fell 26%, 13% and 16% to 7.792 billion, 1.586 billion, 6.695 billion, the national exchange rate increase is respectively for 0%, 8% and 6%.

As for the whole year in 2015, Products Inc. Avon AVON revenue recorded $, down 19%, excluding the Earle Liz business and an adverse exchange rate of 3% increase.

Products Inc. Avon at the end of 2015 stripping North America business out of the company, and the Products Inc. Avon Avon Co 16.6% stake in North America and 80.1% of the shares granted to the Private Equity Firm Capital Management LP Cerberus.

As for Chinese companies, as previously as the group's biggest business market, affected by the bribery scandal and China policy, in recent years continued to decline sharply, Asia Pacific market fall in the Chinese market is still the main reason, Avon Products Inc. Avon company chief executive officer Sheri McCoy to launch the Chinese market rumors that anything is possible, the industry generally is expected during the year the group to withdraw from China.

Products Inc. Avon (NYSE:AVP) on Wednesday to close at $3.25, down 5.25%. 3

(original title: AVON released 2015 earnings industry generally expected to withdraw from China in the year)

Editor: Xiao Shen

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