L'Oreal Posts Higher 3Q Sales on Growth in All Regions, Divisions
22 10월 2021 - 1:48AM
Dow Jones News
By Olivia Bugault
L'Oreal SA said Thursday that sales rose in its third quarter
thanks to growth across all its regions and divisions.
The French cosmetics and consumer-products company said
quarterly sales came in at 8 billion euros ($9.32 billion) in the
July-September period, up 13.6% on a reported basis. Based on a
comparable structure and at constant exchange rates, sales
increased 13.1%, it said.
Its active-cosmetics division registered the largest growth with
like-for-like sales up 28.4%, while its consumer-products segment's
growth was the smallest at 3.2%, it said.
The recovery in the U.S. is confirmed with sales up 22.9%
like-for-like for North America during the quarter, while Europe's
sales grew 7.5%.
"In an environment which remains uncertain, our performance in
the third quarter strengthens our ambition to outperform the market
and achieve a year of growth in both sales and profits," it
says.
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
October 21, 2021 12:33 ET (16:33 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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