Clichy, Thursday 10th October 2002
The consolidated sales of L'Oréal at 30th September 2002 amounted to € 10.8 billion.
This represents a growth of 4.5% based on consolidated figures compared with 30th September 2001.
The effect of currency fluctuations was negative at -3.7% over the first 9 months, compared with -2.5% in the first 6 months of the year.
The change in the scope of consolidation was negative at -0.4% in the period to 30th September 2002.
On a like-for-like basis, based on a constant group structure and exchange rates, the group recorded a growth of +8.6% in its consolidated sales, the same level as at the end of June.
The sales achieved by the two main branches were as follows:
|€ millions||Growth (as %)|
Confidence for the year as a whole
In view of these figures, Mr Lindsay OWEN-JONES, Chairman and Chief Executive Officer of L’Oréal, once again asserted his confidence that strong like-for-like growth would continue to year end.
| Shareholders and market authorities |
M. François Archambault
Tél.: +33 (0)220.127.116.11.45
| Analysts and Institutional Investors |
Mrs Caroline Millot
Tél. : +33 (0)18.104.22.168.82
Fax : +33 (0)22.214.171.124.02
| Journalists |
M. Lorrain KRESSMANN
Tél. : +33 (0)126.96.36.199.24
|For further information, please consult your bank, broker or financial institution, or your usual newspapers. Alternatively, you may consult the Internet site specially provided for shareholders and investors, http://www.loreal-finance.com. Alternatively, call the following number : +33 1 58 13 51 36|