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: Earnings Insights 3Q24, Week 1: Costco, P&G, Tractor Supply Company and Walgreens Among the Companies Reporting Positive Sales GrowthWhat the Ozempic Economy Means for US RetailMarket Navigator: US Apparel and Footwear Retailing—Executive SummaryThe Future of Pricing: How AI Is Transforming Price Planning in Retail
