In Brief: L'Oreal, S.A.
This article was originally published in The Rose Sheet
Executive Summary
L'Oreal, S.A.: The Paris-based cosmetics company reported year- end sales grew 14.5% to $11.5 bil. (FFr 69.1 bil.). On a comparable basis using identical group structure and exchange rates, consolidated group sales increased 8.4%, with an 8.6% increase for cosmetics. In an ad in the Jan. 29 Wall Street Journal posting the results, L'Oreal suggests parties interested in the results "consult [a] bank, stockbroker or financial institution," or the firm's Web site (http://loreal-finance.com) for more information...