L’oreal (orep.pa) save Q4, full annual FY24
On November 7, 2024, in Shanghai National Exhibition and Convention Center (Shanghai) 7th International Import Expo (Shanghai) is a female skin care products in L’Oreal Booth.
Chinese news service | Chinese news service | Getty pictures
French cosmetics giant L’oreal More than expected in the fourth neighborhood on Thursday, weakness in the Chinese beauty market and continued to slow demand in the United States
The world’s world’s largest beauty brand has been on sale in December 11.08 billion euros ($ 11.49 billion) in December, and in LSEC polls shy from about 11.1 billion euros to analysts and only shy.
The full annual sales increased by 5.1% against 43.33 billion euros to 43.48 billion euros.
Sales in the fourth quarter, a decreased slowdown in the last quarter, decreased by 3.6%, it increased by 3.6% decrease, a similar basis in all regions registered by 3.6%. Meanwhile, sales in North America increased by 5.2% in the previous quarter and increased by 1.4%.
In a statement that accompanied the results of Nikolas Hieronimus on Thursday, the Chinese ecosystem remained difficult, but followed by macroeconomic pressure, the global beauty market indicated.
“We are confident and are confident of the worldview for the global beauty market and achieve it and achieve another growth year in sales and gain,” he said.
The company, the company of brands, Maybelline and Kiehl, especially in the main Chinese market, especially a trend in fundamental luxury companies, has a trend.
This is a broken news story and will be updated shortly.
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