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L’Oréal (EPA: OR) FY15 Results: Revenues Lifted by Currency Effects and Luxury Fragrances

Executive Summary

  • L’Oréal reported that FY15 revenue increased by 12.1%, to €25.3 billion, beating the consensus estimate.
  • EBIT increased by 12.8%, to €4.4 billion, which was slightly below consensus. EPS increased by 15.7%, to €6.18, in line with the consensus estimate.
  • Revenue was sustained by favorable currency fluctuations and by strong sales in the company’s luxury division.

 

 

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