Company Earnings Update 3 minutesRegister for Free AccessL’Oréal (ENXTPA: OR) 1H19 Results: Strongest Comparable Sales Growth in Over a Decade Coresight Research August 1, 2019 Executive Summary L’Oréal 1H19 revenues grew 11% and adjusted EPS grew 7% year over year, both in line with the StreetAccount estimates. Comparable sales, which exclude the impact of acquisitions and sales and are expressed at constant exchange rates, grew a remarkable 7.3% in 1H19, marking its strongest first-half growth in more than a decade. The growth was mainly led by the company’s active cosmetics and L’Oréal luxe divisions. For FY19, consensus calls for revenues and adjusted EPS to both grow 10%, year over year. 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: Innovator Matrix: Last-Mile DeliveryConsumers’ Sustainability Preferences—Tangible, Consumer-Facing Elements Are Crucial: US Consumer Survey Insights ExtraWeekly US and UK Store Openings and Closures Tracker 2023, Week 34: Ace Hardware Drives US OpeningsDay One at NRF 2023: Retail’s Big Show—Personalization Drives Retail Relevance at Every Consumer Touchpoint
