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L'Oreal Kicks Off FY 2016 With Consumer Biz Acceleration, NA Share Gains

This article was originally published in The Rose Sheet

Executive Summary

Firm reports 4.2% like-for-like growth for the fiscal 2016 first quarter, driven by improvements in North America and the best performance from its Consumer Products division in almost three years. Analysts see the results as an affirmation that L'Oreal's competitive edge remains sharp.

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