For a change, a few results for the first semester of the L’Oréal Group :
HIGH TURNOVER GROWTH • 11,2 billion Euros. Commenting on these figures, Monsieur Jean-Paul Agon, Managing Director of L'Oréal, said that : “L'Oréal had a satisfactory first half. In a uneven but developing market, all branches, sections and geographic areas are progressing. L’Oréal Luxe shows a very good performance, linked to the great successes of Lancôme, Yves Saint Laurent, Kiehl's and Parfums Designers. Cosmétique Active is noticeably picking up, thanks to its international momentum. The Consumer Products Division registers a solid growth. The redeployment of The Body Shop has resulted in a higher growth.The New markets, now our 1st geographic area, keep growing thanks to the dynamism of Asia, Africa and the Middle East. North America is developing at high rates, with important market share gains and with the strategic acquisition of Clarisonic. Eastern Europe is progressing and the group is improving its positions in the major country of western Europe. This first half proves the relevance of our strategic objectives and the L’Oréal innovative strengths. Our initiative plan is robust.Despite an uncertain economic development, we are confident in the capacity of the group to outperform the market in 2012, and to realize a high turnover growth and to obtain better results the next year”.
“L'Oréal had a satisfactory first half. In a uneven but developing market, all branches, sections and geographic areas are progressing.
L’Oréal Luxe shows a very good performance, linked to the great successes of Lancôme, Yves Saint Laurent, Kiehl's and Parfums Designers. Cosmétique Active is noticeably picking up, thanks to its international momentum. The Consumer Products Division registers a solid growth. The redeployment of The Body Shop has resulted in a higher growth.
The New markets, now our 1st geographic area, keep growing thanks to the dynamism of Asia, Africa and the Middle East. North America is developing at high rates, with important market share gains and with the strategic acquisition of Clarisonic. Eastern Europe is progressing and the group is improving its positions in the major country of western Europe.
This first half proves the relevance of our strategic objectives and the L’Oréal innovative strengths. Our initiative plan is robust.
Despite an uncertain economic development, we are confident in the capacity of the group to outperform the market in 2012, and to realize a high turnover growth and to obtain better results the next year”.
