Insight Report 3 minutes PremiumL’Oréal (ENXTPA: OR) 1H16 Results: Beats on EPS, but France Holds Back Growth Coresight Research July 29, 2016 Executive Summary French cosmetics group L’Oréal reported 1H16 revenue of €12,895 million, up 0.6% year over year and marginally below the consensus estimate of €12,958 million. At constant exchange rates, revenue climbed 4.5%. A bolstering of gross margins was partially offset by higher SG&A, in part due to a 9% jump in research and development costs. Diluted EPS, excluding nonrecurring items, came in at €3.59, beating consensus of €3.57. The company noted the difficulties of the French market. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: E-Commerce Outlook: US Department Stores—Digital Slows as Consumers Shop in StoresUnleashing the Power of Retail Media with First-Party Data and Location AnalyticsData Dive: UK Retail Sales Outlook 2023Key Retail-Tech Themes at NRF 2023: Retail’s Big Show—Loss Prevention, Forecasting, Personalization and Associate Enablement
