L'Oreal 1Q Sales Rose on Strong Luxe Performance
13 April 2018 - 2:38AM
Dow Jones News
By Anthony Shevlin
L'Oreal SA (OR.FR) said Thursday that sales in the first quarter
rose 6.8% on a like-for-like basis, boosted by strong growth in its
Luxe division.
The French cosmetics and consumer-products company said sales in
the three-month period ending March 31 came to 6.78 billion euros
($8.39 billion). Sales in L'Oreal's Luxe division rose 14% to
EUR2.25 billion.
L'Oreal said it is confident in its ability to outperform the
market in 2018, and expects to achieve significant like-for-like
sales growth.
Write to Anthony Shevlin at anthony.shevlin@dowjones.com
(END) Dow Jones Newswires
April 12, 2018 12:23 ET (16:23 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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