Company Earnings Update 2 minutesRegister for Free AccessL’Oréal (ENXTPA: OR) 1Q19 Update: Sales Growth Led by Luxe and Active Cosmetics Divisions, Plus New Markets Coresight Research April 17, 2019 Executive Summary L’Oréal reported 1Q19 sales of €6 billion, an 11.4% increase on a reported basis, or 7.7% growth on a comparable basis. By division, professional products achieved 4.8% sales growth, consumer products was up 7.0%, L’Oréal Luxe was up 19.0% and active cosmetics was up 14.1%, all based on reported figures. By geography, sales rose 19.5% in New Markets, 9.2% in North America and 2.1% in Western Europe. Asia Pacific was the best performing, growing 30.4%. Management believes the company will outperform the market in 2019 and see another year of growth, despite a volatile economic environment. 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: FMI Midwinter Executive Conference: Driving Grocery Resilience in a Challenging EconomyUS Apparel and Beauty Spending Tracker: December 2022 Clothing and Footwear Spending Jumps 6% Year over YearEconomic Sentiment Converges as Pessimism Eases: US Consumer Survey InsightsThree Things You Need To Know: Leading Indicators of US Retail Sales—December 2022
