L’Oréal experienced a slight deceleration in its pace of growth in Q2. Sales were up 4.3% lfl (+3.5% reported) to €6,564m. Reported figures exclude The Body Shop’s revenue which was accounted as held for sale business. Aside The Body Shop, operational divisions grew by 6.8% on a reported basis. The outperformance is driven by L’Oreal Luxe and Active Cosmetics which jumped by 8.9% and 6.7% lfl to €1,991m and €532m respectively. Consumer products were up
28 Jul 2017
Jump on H1 profits thanks to luxury
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Jump on H1 profits thanks to luxury
L'Oreal S.A. (OR:WBO) | 0 0 1.2% | Mkt Cap: 98,959m
- Published:
28 Jul 2017 -
Author:
Rim BEN SALAH -
Pages:
2
L’Oréal experienced a slight deceleration in its pace of growth in Q2. Sales were up 4.3% lfl (+3.5% reported) to €6,564m. Reported figures exclude The Body Shop’s revenue which was accounted as held for sale business. Aside The Body Shop, operational divisions grew by 6.8% on a reported basis. The outperformance is driven by L’Oreal Luxe and Active Cosmetics which jumped by 8.9% and 6.7% lfl to €1,991m and €532m respectively. Consumer products were up