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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 |
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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