Company Earnings Update 2 minutesRegister for Free AccessL’Oréal (ENXTPA: OR) FY16 Results: Solid Top-Line Growth Across All Regions Coresight Research January 27, 2017 Executive Summary LVMH Moët Hennessy Louis Vuitton increased revenues by 5.0% year over year in FY16, to €37,600 million, which was above the consensus estimate of €37,316 million. Revenues increased by 6.0% year over year on an organic basis. The company’s gross margin expanded by 50 basis points year over year, to 65.3%. However, the SG&A margin expanded by 30 basis points, resulting in the operating margin expanding by 10 basis points, to 18.7%. FY16 adjusted EPS increased by 11.4% and beat consensus. Revenues were driven by strength in the US and Europe. In terms of business segments, sales growth was driven by Perfumes & Cosmetics, Selective Retailing and Wines & Spirits. 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: New Challenges and Opportunities in Luxury—Insights Presented at Shoptalk 2023Three Things You Need To Know: Inclusivity in Retail—Opportunities for 2023Responses to Inflation—Fewer Shoppers Are Changing Their Spending Habits: US Consumer Survey InsightsUS Consumer Tracker Extra: The Impact of Debt and Financial Security on Shopping Habits