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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 Tuesday that sales in the third-quarter rose due to strong performances across its Luxe and Active Cosmetics divisions.
The French cosmetics and consumer-products company said sales for the period were 6.47 billion euros ($7.37 billion) compared with EUR6.01 billion the previous year.
Sales in the company's Luxe division, which includes brands such as Lancome and Giorgio Armani, grew over 15% on a like-for-like basis in the third quarter to EUR2.32 billion.
The company backed its 2018 outlook for like-for-like sales growth and an increase in profitability.
Write to Anthony Shevlin at anthony.shevlin@dowjones.com; @anthony_shevlin
(END) Dow Jones Newswires
October 30, 2018 13:24 ET (17:24 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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