L’Oreal confident in 2013 after sales rise

By on April 18, 2013

L’OREAL, the world’s prime cosmetics company, says it is certain it’ll outperform the market this 12 months after gross sales rose 5.1 per cent in the first quarter to 5.93 billion euros ($ A7.Fifty Five billion).

“L’Oreal has made a great commence to the year, with just right organic increase, along with in reality important market share a good idea properties,” chief government Jean-Paul Agon stated in a observation on Thursday.

The sales increase was once once 6.5 p.c, aside from currency fluctuations and 5.5 percenton a like-for-like foundation, pushing its market share in Western Europe and North American markets to new data, the company introduced.

That, along side sturdy efficiency in rising markets, “make us assured in our ability to outperform the market in 2013, and to achieve another Twelve Months of increase in each sales and earnings,” talked about Agon.

The French firm saw product sales rise via the use of 10.4 p.c.to 22.46 billion euros closing year, lifting web salary via 17.6 % to 2.87 billion euros.

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