L'Oréal

L'Oréal increased group sales in the second quarter by 8.2% to €11.62 billion, thereby beating analysts' expectations. Adjusted for currency and portfolio effects, organic growth was 6.3%. Operating profit for the first half rose by 6.8% to €5.06 billion. The stock responded with an increase of around 3% on Tradegate. » Altro su finanzen.net

L'Oréal increased first-quarter revenues on a comparable basis and at stable exchange rates by 7.6% to €12.15 billion, beating expectations. The business benefited from a revival in China and a solid luxury segment; North America also grew 7.6%, North Asia by 4.8% (China mid-to-high single digits). Analysts praised the strongest adjusted organic sales momentum in years, and the stock rose sharply after the results. » Altro su finanzen.net

L'Oréal beat expectations at the start of the year, increasing like-for-like revenues in the first quarter by 7.6% to €12.15 billion. The recovery in China and a growing luxury segment drove the growth. In New York, the ADS rose by around 2.5% in the evening. » Altro su finanzen.net