First half 2007 sales
Strong growth in line with targets
The sales of the L'Oréal group, at June 30th 2007, amounted to 8.514 billion euros, an increase of + 9.4% based on reported figures (+7,7% like-for -like).
Commenting on the figures, Mr Jean-Paul Agon, Chief Executive Officer of L'Oréal, said: "After the good start to the year, the group continued to record very high sales growth in the 2nd quarter with an increase of + 10.4% based on reported figures, and like-for-like growth at the upper end of our target range.
This strong momentum reflects both very rapid growth in new markets as L'Oréal captures strategic positions, and sustained growth in Western Europe and North America.
All our divisions are enjoying strong growth rates.
Despite the negative impact of exchange rates, these good levels of performance mean that we are confident about the sales and results outlook for the full year 2007."
To read the whole news release about the first half 2007 sales
July 12, 2007