L’Oréal ramped up its organic growth in Q4 to 5.5%. Full-year sales have grown by 4.8% lfl thanks to a booming demand for luxury cosmetics in China. New markets were definitely the growth driver. L’Oréal is ready to buy Nestlé’s stake in the company (23.1%) if the latter decides to sell. In this case, L’Oréal’s stake in Sanofi will also be sold.
09 Feb 2018
Healthy full-year organic growth
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Healthy full-year organic growth
L'Oreal S.A. (OR:WBO) | 0 0 1.2% | Mkt Cap: 98,959m
- Published:
09 Feb 2018 -
Author:
Rim BEN SALAH -
Pages:
3
L’Oréal ramped up its organic growth in Q4 to 5.5%. Full-year sales have grown by 4.8% lfl thanks to a booming demand for luxury cosmetics in China. New markets were definitely the growth driver. L’Oréal is ready to buy Nestlé’s stake in the company (23.1%) if the latter decides to sell. In this case, L’Oréal’s stake in Sanofi will also be sold.