L’Oréal grew by 4.2% in the third quarter: demand rebounded in China and sales rose faster than in the previous quarter. Nevertheless, the French cosmetics giant remains below expectations…
China picks up again
Sales rose to €10.3 billion, but weaker growth in North and South America weighed on the figures. The maker of CeraVe and Valentino posted a like-for-like increase of 4.2% year-on-year from July to September, while the consensus was 4.9%.
