We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| 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 |
From Jul 2019 to Jul 2024
By Cristina Roca
L'Oreal SA (OR.FR) said Tuesday that its sales for the third quarter rose strongly, led by growth in all divisions.
The French cosmetics and consumer-products company said sales were 7.18 billion euros ($7.96 billion), up 11% from the same period the year previous and beating analyst expectations of EUR7.03 billion, according to a consensus estimate provided by Factset.
On a like-for-like basis, sales rose 7.8%, L'Oreal said.
Growth was spurred by the luxe and active cosmetic divisions, both of which posted like-for-like sales growth of 14%, L'Oreal said. The Asia-Pacific region, travel retail, skincare and e-commerce continued to drive growth, too, L'Oreal said.
Sales in North America, however, declined on a like-for-like basis.
For 2019, the company reiterated its confidence that it can outperform the market and grow its sales and profit.
Write to Cristina Roca at cristina.roca@dowjones.com; @_cristinaroca
(END) Dow Jones Newswires
October 29, 2019 13:29 ET (17:29 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year Loreal (PK) Chart |
1 Month Loreal (PK) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
