Unilever Personal Care Sales Advance 4% In Q2, Boosted By Core Brands
This article was originally published in The Rose Sheet
Executive Summary
Unilever's personal care business advanced 4% to $3.59 bil. (€1=$1.14) in the second quarter at constant exchange rates on the strong performance of leading brands in hair care, skin care and deodorants, the company announced July 30
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Sales & Earnings In Brief
L'Oréal nine months: Sales for the first nine months of the year were up 6.5% on a like-for-like basis but fell 2.7% to $12.4 bil. (€1=$1.18) on a negative 9.3% currency impact, French beauty manufacturer reports Oct. 22. On a like for like basis professional products sales increased 8.4% to $1.7 bil., while consumer products sales jumped 7.6% to $6.83 bil. Sales of the luxury products division improved 1.9% to $2.86 bil. and sales of the active cosmetics division surged 11.1% to $696.5 mil. Intense program of product launches in fourth quarter is expected to help sales increase 7% for the year, L'Oréal says, confirming double-digit net operational growth for the year...
Sales & Earnings In Brief
L'Oréal nine months: Sales for the first nine months of the year were up 6.5% on a like-for-like basis but fell 2.7% to $12.4 bil. (€1=$1.18) on a negative 9.3% currency impact, French beauty manufacturer reports Oct. 22. On a like for like basis professional products sales increased 8.4% to $1.7 bil., while consumer products sales jumped 7.6% to $6.83 bil. Sales of the luxury products division improved 1.9% to $2.86 bil. and sales of the active cosmetics division surged 11.1% to $696.5 mil. Intense program of product launches in fourth quarter is expected to help sales increase 7% for the year, L'Oréal says, confirming double-digit net operational growth for the year...
Unilever Sales Adjusted for Top Brands As Trade Destocking Hits HPC In Q2
Unilever expects sales of its leading 400 brands to be up 4% in 2003 compared to previously projected growth of 5%-6%, VP-Investor Relations Howard Green reported during a June 23 second quarter pre-close call. Final results are scheduled for July 30