L'Oréal: Q1 sales up 8.3% to E11.24bn

(CercleFinance.com) - Q1 sales reached E11.
24bn, up +8.3% as reported. LFL sales were up +9.4%. Growth was +11.8% at constant exchange rates.

The Professional Products Division recorded growth of +10.7% LFL, and +8.7% on a reported basis. The Consumer Products Division grew by 11.1% LFL, and by 9.2% on a reported basis.

L'Oréal Luxe grew by 1.8% LFL and by 2.2% on a reported basis. The Dermatological Beauty Division reported growth of 21.9% LFL and 19.6% on a reported basis.

The Europe Zone reported growth of 12.6% LFL and 12.2% on a reported basis. Sales in North America were up 12.3% LFL and 11.9% on a reported basis. In North Asia, sales were down 1.1% LFL and 3.9% on a reported basis.


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