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 Store Tracker Extra, July 2023: Closures by Christmas Tree Shops Push Total Closed Space to 68 Million Square FeetAnalyst Corner—Increasing Consumer-Centricity and Personalization in US Healthcare, with Swarooprani MuralidharCountdown to China’s Singles’ Day 2023: Six Months To Go—What Brands and Retailers Should Know in Advance of the Shopping FestivalData Dive: The Global Obesity Economy—Shaped by the Spending of 1 Billion Consumers