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L’Oréal Reports Strong Revenue Growth Despite Tough Market In First Half 2013

August 29, 2013: 12:00 AM EST
L’Oréal SA reported earnings grew 7.7 percent in the first half of 2013, with operating income rising to €2.04 billion. Sales during the period reached €11.738 billion, an increase of 4.7 percent. Like-for-like sales increased 5.4 percent. Growth at constant exchange rate was 6.4 percent. Profitability of the Professional Products Division rose from 19.9 percent to 20.1 percent despite the difficult market, while profitability of the Consumer Products Division increased from 19.9 percent to 20.8 percent. Active Cosmetics Division reported profitability rose from 26.1 percent to 27.3 percent during the period.
"L’Oreal First-half 2013 results", L’Oreal, August 29, 2013, © L’Oreal S. A.
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