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L'Oréal: net income, group share: 3,581 million euros +15.3%

(CercleFinance.com) - L'Oréal's sales totalled 26.
02 billion euros at 31 December 2017, up +0.7% on a reported basis.

On a like-for-like basis (with identical structure and exchange rates), revenue increased by 4.8%.

The group's gross profit reached 18,664 million euros, representing 71.7% of sales, compared to 71.6% in 2016, meaning a 10 basis point improvement.

Operating income increased by 3.0% to 4,676 million euros, working out at 18.0% of sales. Excluding FX factors, growth in operating income reached +4.4%.

Net income, group share, of continuing operations excluding non-recurrent items amounted to 3,749 million euros, up +2.8% (+4.1% at constant exchange rates). Meanwhile, EPS reached 6.65 euros, up 3.0% (+4.3% at constant exchange rates).

Net income, group share, amounted to 3,581 million euros, up 15.3%.

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