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Thursday, Aug 29
L'Oreal posts 1H results, maintains full-year forecast
- L'Oreal (LRLCF.PK) saw revenue rise 5.4% Y/Y on a comparable basis in 1H to €11.74B as its cosmetics group sales grew 5.7% to €10.99B.
- 1H earnings climbed 5.2% to €1.71B in 1H.
- Operating cash flow jumped 7.8% to €2.12B.
- Ceo Jean-Paul Agon: "We confirm our objectives for 2013 and remain confident in the Group's ability to outperform the market again." (PR)