Despite contrasting divisional results, L’Oréal reported 6.6% yoy sales growth and an increasing operating margin (+30bp to 19.2%). The Consumer Product division’s sales failed to convince. The Luxury and Active Cosmetics divisions picked up the growth baton.
31 Jul 2018
L’Oréal also surfs on “Luxury”
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L’Oréal also surfs on “Luxury”
L'Oreal S.A. (OR:WBO) | 0 0 1.2% | Mkt Cap: 98,959m
- Published:
31 Jul 2018 -
Author:
Rim BEN SALAH -
Pages:
2
Despite contrasting divisional results, L’Oréal reported 6.6% yoy sales growth and an increasing operating margin (+30bp to 19.2%). The Consumer Product division’s sales failed to convince. The Luxury and Active Cosmetics divisions picked up the growth baton.