Company Earnings Update 3 minutesRegister for Free AccessL’Oréal (ENXTPA: OR) FY18 Results: Highest Comparable Sales Growth in Over a Decade Coresight Research February 11, 2019 Executive Summary L’Oréal reported FY18 revenues of €26.93 billion, up 4% year over year and beating the €26.8 billion consensus estimate. L’Oréal reported FY18 EPS of €7.08, up from €6.65 in FY17, but slightly below the €7.11 consensus estimate. L’Oréal’s comparable sales, which excludes the impact of acquisitions and sales and are expressed at constant exchange rates, grew remarkably by 7.1% in FY18, marking its best year of growth since 2007, following a strong 4Q18 increase of 7.7%. For FY19, consensus calls for revenue and adjusted EPS growth of 6% and 9%, year over year, respectively. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Consumer Sentiment Falters: China Consumer Survey InsightsInnovator Profile: Portless Streamlines Cross-Border Logistics with Direct Shipping SolutionsMarket Outlook: Department Stores in China—Consumer Shift Toward E-Commerce Squeezes SalesInnovator Profile: Wink Provides Seamless Payment Experiences Leveraging Biometrics
