By  on April 12, 2012

PARIS — L’Oréal expects to achieve another year of sales and profit growth in 2012.

The French beauty giant reported Thursday that it posted first-quarter revenues of 5.64 billion euros, or $7.39 billion, up 9.4 percent versus the same prior-year period. At constant exchange rates, sales gained 7.1 percent, and on a like-for-like basis, they increased 6.4 percent.

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