L'Oreal Quarterly Sales Grow 6.7 Percent on US Demand
The French cosmetics giant reported quarterly sales of 12.2 billion euros driven by strong demand for premium hair products. Growth in North America and emerging markets helped the firm overcome geopolitical headwinds in the Middle East.
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AB SA has reported a 6.7% increase in first-quarter sales, reaching 12.2 billion euros ($14.32 billion). The growth was primarily driven by robust demand for premium hair care and fragrances in the United States and various emerging markets, which helped the cosmetics giant overcome regional headwinds.
