L'Oreal 3Q Sales Rise on Luxe, Active Cosmetics Performances
October 30 2018 - 1:39PM
Dow Jones News
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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