Another dull quarter from L’Oreal. Group sales were up 5.1% lfl in Q3 to €6,098m. The performance was consistently differentiated between divisions and fuelled mainly by new markets. Luxury products edged up by a double-digit 11.2% lfl in Q3 to reach €2,024m. Consumer products, the largest contributor to sales, reported a modest rise of 2.3% lfl to €2,819m. Active cosmetics made a small step up, growing by 6.2% lfl to €475.7m. Professional Products edged up by a poor
03 Nov 2017
Acceleration in Q3 driven by luxury and China
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Acceleration in Q3 driven by luxury and China
L'Oreal S.A. (OR:WBO) | 0 0 1.2% | Mkt Cap: 98,959m
- Published:
03 Nov 2017 -
Author:
Rim BEN SALAH -
Pages:
2
Another dull quarter from L’Oreal. Group sales were up 5.1% lfl in Q3 to €6,098m. The performance was consistently differentiated between divisions and fuelled mainly by new markets. Luxury products edged up by a double-digit 11.2% lfl in Q3 to reach €2,024m. Consumer products, the largest contributor to sales, reported a modest rise of 2.3% lfl to €2,819m. Active cosmetics made a small step up, growing by 6.2% lfl to €475.7m. Professional Products edged up by a poor