Company News, Financial News

L’Oreal Sees Gains in 2014

Annual sales rise 1.8% to $25.5 billion.

Beauty business is bountiful at L’Oreal. The cosmetics giant posted 2014 full year sales rose 1.8% to $25.5 billion (22.53 billion euros). Operating profit was $4.4 billion (3.891 billion euros), representing 17.3% of sales.   The Board of Directors of L'Oréal met on Feb. 12, 2015 under the chairmanship of Jean-Paul Agon and in the presence of the Statutory Auditors. The Board closed the consolidated financial statements and the financial statements for 2014.   Commenting on the annual resu...

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