By  on August 27, 2009

PARIS — L’Oréal’s net profits declined 13.7 percent to 1.09 billion euros, or $1.45 billion at average exchange, in first-half 2009. Meanwhile, the French beauty company foresees a gradual improvement in sales over the year.

The firm’s net profits excluding nonrecurrent items after minority interests reached 1.21 billion euros, or $1.61 billion, down 3.6 percent in the six months ended June 30.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus