By  on April 12, 2018

PARIS — L’Oréal reported first-quarter sales in 2017 declined 1 percent, dampened by the negative impact of currency fluctuations.

In the three months ended March 31, the maker of Lancôme, Kiehl’s and L’Oréal Paris products generated sales of 6.78 billion euros. Organic growth in the period stood at 6.8 percent, spurred by an acceleration in the group’s Luxe and Active Cosmetics Divisions, the company reported after the close of the French bourse on Thursday.

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