By  on February 6, 2020

PARIS — L’Oréal said Thursday that it expects to register sales and profit growth for full-year 2020, despite the coronavirus crisis, which would have a temporary negative impact on its business in China and travel retail in Asia.

The world’s largest beauty company, in a release published Thursday after the close of the Paris bourse, reported fourth-quarter 2019 sales that strongly outpaced expectations and helped the group’s full-year sales rise 8 percent, L’Oréal’s best like-for-like revenues gains since 2007.

To continue reading this article...

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers