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LRLCY Loreal Co (PK)

87.88
-0.58 (-0.66%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Loreal Co (PK) USOTC:LRLCY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.58 -0.66% 87.88 87.87 88.08 88.41 87.59 88.33 84,090 21:04:04

L'Oreal 1Q Sales Rose on Strong Luxe Performance

12/04/2018 5:38pm

Dow Jones News


Loreal (PK) (USOTC:LRLCY)
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   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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