Edition:
India

L'Occitane International SA (0973.HK)

0973.HK on Hong Kong Stock

14.06HKD
5 Jun 2020
Change (% chg)

HK$0.18 (+1.30%)
Prev Close
HK$13.88
Open
HK$13.78
Day's High
HK$14.68
Day's Low
HK$13.78
Volume
777,319
Avg. Vol
619,810
52-wk High
HK$20.75
52-wk Low
HK$10.02

Latest Key Developments (Source: Significant Developments)

L'Occitane International To Cut FY Dividend, Management Pay By 25%
Tuesday, 5 May 2020 

May 5 (Reuters) - L'Occitane International SA <0973.HK>::OUTBREAK OF COVID-19 SIGNIFICANTLY AFFECTED SALES PERFORMANCE IN FY2020 Q4.GROUP'S NET SALES IN FY2020 Q4 DECREASED BY 0.7% AT REPORTED RATES & 1.6% AT CONSTANT EXCHANGE RATES.TO IMPLEMENT 25% REDUCTION FROM BASE COMPENSATION FOR DIRECTORS, SENIOR MANAGEMENT..25% REDUCTION FROM BASE COMPENSATION FOR DIRECTORS AND SENIOR MANAGEMENT.BOARD RECOMMENDS TO REDUCE DIVIDEND BY 25% FOR FY2020.REDUCING STAFF COSTS THROUGH TEMPORARY UNPAID LEAVE OR FURLOUGH AND SHORT-TERM WORKING SCHEMES.ESTIMATES TOTAL LOSS OF SALES DUE TO COVID-19 WAS ABOUT EUR 56 MILLION, OR ABOUT 17% OF TOTAL SALES IN Q4.REDUCING STAFF COSTS THROUGH TEMPORARY UNPAID LEAVE OR FURLOUGH AND SHORT-TERM WORKING SCHEMES.REDUCING CAPITAL EXPENDITURES, SUCH AS BY DELAYING OR CANCELLING STORE OPENINGS AND RENOVATIONS.  Full Article

L'occitane International SA Posts HY Net Sales Of EUR 727.2 Mln
Monday, 25 Nov 2019 

Nov 25 (Reuters) - L'Occitane International SA <0973.HK>::HY NET SALES EUR 727.2 MILLION VERSUS EUR 595.4 MILLION.HY PROFIT ATTRIBUTABLE EUR 25 MILLION VERSUS EUR 6.8 MILLION.GROUP'S SAME STORE SALES GROWTH FOR FY2020 H1 WAS 1.7%.REINOLD GEIGER NAMED CHIEF EXECUTIVE OFFICER.EXPECTS ENHANCED PROFITABILITY IN FY2020 AND BEYOND.  Full Article

L'occitane International Says Group's Net Sales Grew By 25.5% At Reported Rates In FY2020 Q2
Tuesday, 22 Oct 2019 

Oct 22 (Reuters) - L'Occitane International SA <0973.HK>::IN FY2020 Q2, GROUP'S NET SALES GREW BY 25.5% AT REPORTED RATES AND 21.7% AT CONSTANT EXCHANGE RATES.  Full Article

L'Occitane International SA Says Group's FY Net Sales Grew By 8.7 Pct At Constant Rates
Monday, 29 Apr 2019 

April 29 (Reuters) - L'Occitane International SA <0973.HK>::FY GROUP'S NET SALES GREW BY 8.7% AT CONSTANT RATES AND 8.1% AT REPORTED RATES.  Full Article

L'occitane International Says Group's 9-Month Net Sales Grew By 10.6% At Constant Rates
Tuesday, 22 Jan 2019 

Jan 22 (Reuters) - L'Occitane International SA <0973.HK>::9-MONTH GROUP'S NET SALES GREW BY 10.6% AT CONSTANT RATES AND 8.5% AT REPORTED RATES.OVERALL SAME STORE SALES GREW AT 2.0% OVER THE NINE MONTHS ENDED DEC 31, 2018.  Full Article