HBW Insight is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

L'Oreal

This article was originally published in The Rose Sheet

Executive Summary

First half worldwide cosmetics sales up 12.1% to $5.55 bil., the company reported Oct. 1, based on FFr 5.5975 = $1. First half pretax profits for cosmetics increased 12.1% to $528.8 mil. Consolidated sales rose 11.5% to $6.78 bil. through six months. Overall pretax profits increased 14.2% to $726.8 mil. Excluding foreign exchange rates fluctuations, North American sales were up 12.2%, Western Europe generated a 10.6% gain and the rest of the world experienced a sales growth of 14%. "Continued growth" in Western Europe and North America will allow Clarins to meet its goal of double-digit growth for 1998, the company predicted
Advertisement
Advertisement
UsernamePublicRestriction

Register

RS005867

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel