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In terms of regional distribution, Asia recorded the highest turnover with € 22.9 billion.
However, there has been a slight slowdown in Latin America. The region contributed with a turnover of 7 billion euros last year, against 8.1 billion euros in 2017. It was the same for emerging markets, where the turnover is from 31.2 billion euros in 2017 to 29.7 billion euros in 2018.
"Regarding the future, we have indicated that we expect growth above the 3-4% range, which is the lower half of our current forecast and partly reflects some of the volatility in emerging markets, particularly in Latin America, "said Jope. .
"The real problem is the volatility of emerging markets.We are seeing noticeable slowdowns in countries such as Argentina, Brazil and Southeast Asia, which is why we we are at the bottom of the growth range, "he explained.
Shares fell above 2% shortly after the market opened in Europe.
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