We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
Already have an account? Sign in.

 Remember Me | Forgot Your Password?

Lower Cost Of Sales Helps Improve L'Oreal's Revenue In 1H 2014

July 31, 2014: 12:00 AM EST
L’Oreal reported like-for-like sales grew 3.8 percent to €11.17 billion in the first half of 2014. Also, the company said operating profitability was at 18.2 percent of sales. Gross profit was at €8.023 billion, or 71.8 percent of sales, 10 basis points higher than the 71.7 percent recorded in the first half of 2013. Overall operating profit was €2.029 billion, a 0.2 percent growth and 18.2 percent of sales. Operating profit growth would have been 4.5 percent at constant exchange rates. Net profit from continuing operations was flat at €1.773 billion, compared with that of the first half of the previous year; however, net profit attributable to owners of the company grew 1.5 percent to €1.734 billion, the company said.
"L’Oreal Reports First-half 2014 Results", L’Oreal, July 31, 2014, © L’Oreal
Market News
Companies, Organizations
Earnings Release
Market News
Press Release
Developed by Yuri Ingultsov Software Lab.