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L'Oreal H1 Net Profit Increased By 8.8% to EUR 3.65 Bln



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July 30 (Reuters) -L'Oreal SA OREP.PA:

  • Q2 SALES OF EUR 10.88 BILLION, ORGANIC SALES GROWTH OF 5.3% VERSUS VISIBLE ALPHA CONSENSUS OF +5.9%

  • H1 SALES OF EUR 22.12 BILLION, ORGANIC SALES GROWTH OF +7.3% VERSUS VISIBLE ALPHA CONSENSUS OF +7.6%

  • GROUP IS CONFIDENT TO ACHIEVE ANOTHER YEAR OF GROWTH IN SALES AND PROFIT

  • H1 NET PROFIT INCREASED BY +8.8% TO 3.65 BILLION EUROS

  • H1 OPERATING MARGIN 20.8% VERSUS VISIBLE ALPHA CONSENSUS OF 20.8%

Further company coverage: OREP.PA


(Gdansk Newsroom)

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