Company Earnings Update 2 minutesRegister for Free AccessL’Oréal (ENXTPA: OR) FY17 and 4Q17 Results: Chinese Demand for L’Oréal Luxe Products Supports Solid Comp Growth Coresight Research February 12, 2018 Executive Summary L’Oréal reported FY17 net sales of €26,024 million, up 0.7% year over year but below the consensus estimate of €26,153 million. Comparable sales were up 4.8% at constant exchange rates. The best-performing division in FY17 was L’Oréal Luxe, which reported comparable sales growth of 10.5%. Geographically, the Asia-Pacific region was the best performer, with comparable sales growth of 12.3% in FY17. For FY18, the company expects to outperform the market and to achieve significant growth in comparable sales and profitability. 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 Innerwear Market: Three Trends Driving Success for Brands and RetailersChina Consumer Tracker: More Than 70% of Respondents Are Avoiding Public PlacesThe Last-Mile Race Intensifies: Target and Walmart Pave the Way in Delivery InnovationWeinswig’s Weekly: The Singles’ Day Trifecta—Discounting, Livestreaming and AI
