Company Earnings Update 2 minutesRegister for Free AccessL’Oreal (ENXTPA: OR) 1H18 Results: Confirming Resurgent Chinese Demand for Premium Products Coresight Research July 27, 2018 Executive Summary L’Oréal reported strong underlying growth of 6.6% in 1H18, though currency effects dampened reported numbers and, so, profit gains. Asia-Pacific sales jumped by 22.0% on a comparable basis and management noted strong demand for L’Oréal Luxe products in China. For FY18, analysts expect the company to grow revenues by 2.0%, to €26.5 billion. Consensus calls for a 3.3% increase in EBIT and a 7.6% increase in statutory pretax profit in FY18. 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: US Department Stores—Retail 2024 Sector Outlook: Soft Sales Growth; Opportunities in Different Store Formats and Alternative ModelsMarket Outlook: UK Home-Improvement Retailing—Easing Market Conditions and Pent-Up Demand To Support Sales GrowthThree Data Points We’re Watching This WeekUS Consumer Tracker Extra: The Impact of Debt and Financial Security on Shopping Habits
