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. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: In-Store Shopping Thrives: US Consumer Tracker 2023, Week 27Weekly US and UK Store Openings and Closures Tracker 2024, Week 11: The Body Shop Closes All US Stores; Dollar Tree, Inc. To Shutter 1,000 LocationsChina Consumer Tracker: Avoidance Falls Across the BoardFebruary 2024 US Retail Sales: Growth Accelerates—Electronics Stores Rebound; Nonstore Retailers See Strong Growth
