Financial News Releases
Clichy, Thursday 4th April, 2002 - 8 a.m.
1st quarter 2002 sales: 3.7 billion euros. An increase of 9.3%
The consolidated sales of L'OREAL, up to 31st March, 2002, reached € 3.7 billion. Sales growth compared with the 1st quarter 2001 was +9.3%.
Exchange rate fluctuations had a positive impact of 1.3%. Growth excluding exchange rate fluctuations was thus 8%.
The net effect of changes in the consolidation structure
was -0.5%.
On a like-for-like basis, i.e. with an identical structure and exchange rates, the group's consolidated sales growth would have been 8.5%.
Sales growth in each of the group's two main branches was as follows:
Exchange rate fluctuations had a positive impact of 1.3%. Growth excluding exchange rate fluctuations was thus 8%.
The net effect of changes in the consolidation structure
was -0.5%.
On a like-for-like basis, i.e. with an identical structure and exchange rates, the group's consolidated sales growth would have been 8.5%.
Sales growth in each of the group's two main branches was as follows:
| consolidated figures | excl. exchange rate fluctuations | |
|---|---|---|
| Cosmetics | +9.6% | +8.3% |
| Dermatology | +27.7% | +24.5% |
| Total (1) | +9.3% | +8% |
| (1) including "Miscellaneous businesses". | ||