Clichy, Thursday 4th April, 2002, 8am
The consolidated sales of L'OREAL, up to 31st March, 2002, reached € 3.7 billion. Sales growth compared with the 1st quarter 2001 was +9.3%.
Exchange rate fluctuations had a positive impact of 1.3%. Growth excluding exchange rate fluctuations was thus 8%.
The net effect of changes in the consolidation structure was -0.5%.
On a like-for-like basis, i.e. with an identical structure and exchange rates, the group's consolidated sales would have been 8.5%.
Sales growth in each of the group's two main branches was as follows:
|.||consolidated figures||excl. exchange rate fluctuations|
|Cosmetics||+ 9,6 %||+ 8,3 %|
|Dermatology||+ 27,7 %||+ 24,5 %|
|Total(¹)||+ 9,3 %||+ 8 %||(¹) including "Miscellaneous businesses"|
|Contacts at L'ORÉAL|
| Shareholders and Market Authorities |
M. François ARCHAMBAULT
Tel : +33(0)188.8.131.52.45
|Financial Analysts and Institutional Investors |
Mme Caroline MILLOT
Tel : +33(0)184.108.40.206.82
Fax : +33(0)220.127.116.11.02
M. Lorrain KRESSMANN
Tel : +33(0)18.104.22.168.24
|For further information, please consult your bank, broker or other financial institution, or your usual newspapers. Alternatively, you may consult the Internet site specially for shareholders and investors, http://www.loreal-finance.com or call the following number +33 1 58 13 51 36. |
Extensive live coverage of the annual presentation of the 2001 financial results will be available online at the http://www.loreal-finance.com site on Thursday, 4th April, 2002 from 10.45am onwards.