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L'Oreal SA (OREP.PA)

OREP.PA on Paris Stock Exchange

254.40EUR
11 Dec 2019
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486,318
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€266.60
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€193.20

Latest Key Developments (Source: Significant Developments)

L'oreal CEO Says Sees No Slowdown In China
Tuesday, 29 Oct 2019 

Oct 29 (Reuters) - L'Oreal SA ::L'OREAL CEO SAYS SEES NO SLOWDOWN IN CHINA, INCLUDING IN LUXURY COSMETICS DIVISION.L'OREAL CEO SAYS MARKET IN HONG KONG REALLY SLOWED DOWN, BUT L'OREAL LARGELY RECOVERED SALES ELSEWHERE IN CHINA.  Full Article

L'Oreal CEO Says Performance Of Consumer Division Still Disappointing
Tuesday, 29 Oct 2019 

Oct 29 (Reuters) - L'Oreal SA ::L'OREAL CEO SAYS GLOBAL BEAUTY MARKET GREW AROUND 5.5% IN Q3, ON A PAR WITH PREVIOUS QUARTERS.L'OREAL CEO SAYS COMPANY'S GROWTH IN ASIA PACIFIC ALMOST TWICE THE PACE OF THE BROADER BEAUTY MARKET THERE.L'OREAL CEO SAYS PERFORMANCE OF CONSUMER DIVISION STILL DISAPPOINTING, IT IS UNDERPERFORMING THE MARKET IN THE UNITED STATES AND WEAK IN BRAZIL.  Full Article

L'Oreal confident of further growth as Q3 sales rise
Tuesday, 29 Oct 2019 

Oct 29 (Reuters) - L'Oreal SA ::REG-L'ORÉAL: NEWS RELEASE: "SALES AT 30 SEPTEMBER 2019".STRONG RHYTHM OF GROWTH MAINTAINED.STRONG GROWTH OF L'ORÉAL LUXE AND ACTIVE COSMETICS DIVISIONS.9-MONTH SALES: 21.99 BILLION EUROS * +7.5% LIKE-FOR-LIKE.STRONG GROWTH OF L'ORÉAL LUXE AND ACTIVE COSMETICS DIVISIONS.ACHIEVED AN EXCELLENT Q3 AT +7.8% LIKE-FOR-LIKE.MAIN GROWTH DRIVERS REMAIN DYNAMIC: ASIA PACIFIC, SKINCARE, TRAVEL RETAIL AND E-COMMERCE.CONFIDENT IN OUR ABILITY TO OUTPERFORM ITS MARKET, IN ORDER TO ACHIEVE ANOTHER YEAR OF GROWTH IN OUR SALES AND PROFIT.".Q3 SALES EUR 7.18 BILLION UP 7.8% LFL.MARKET CONTEXT REMAINS DIFFICULT IN UNITED STATES.ASIA PACIFIC MAINTAINED ITS POWERFUL MOMENTUM.CONSUMER PRODUCTS UNIT BEING HELD BACK BY UNITED STATES, WHERE MAKEUP MARKET IS STILL SLOW.3,000,000 L'ORÉAL SHARES WERE BOUGHT BACK BETWEEN 28 AUGUST AND 7 OCTOBER 2019.  Full Article

L'Oreal Invests In Cathay Innovation Fund To Develop Tech Startups in China
Thursday, 24 Oct 2019 

Oct 24 (Reuters) - L'OREAL SA ::ANNOUNCED ON WEDNESDAY INVESTMENT IN GLOBAL VENTURE CAPITAL FUND CATHAY INNOVATION TO DEVELOP BEAUTY TECH STARTUPS IN CHINA.STRENGTHENS CONNECTION TO BEAUTY TECH STARTUP ECOSYSTEM, PARTICULARLY IN CHINA, THE GROUP'S SECOND LARGEST MARKET AND PIONEER IN DIGITAL INNOVATION.PARTICIPATION DONE THROUGH COMPANY'S CAPITAL FUND BOLD BUSINESS OPPORTUNITIES FOR L'OREAL DEVELOPMENT LAUNCHED IN DEC 2018.  Full Article

L’Oréal Announces Agreement To Buy Mugler And Azzaro Fragrances From Clarins Group
Monday, 21 Oct 2019 

Oct 21 (Reuters) - L'OREAL SA ::REG-L'ORÉAL: NEWS RELEASE: "L’ORÉAL SIGNS AN AGREEMENT FOR THE ACQUISITION OF MUGLER AND AZZARO FRAGRANCES FROM CLARINS GROUP".ACQUISITION SHOULD BE COMPLETED WITHIN Q1 2020.THESE ACTIVITIES REPRESENTED APPROXIMATELY 340 MILLION EUROS SALES IN 2018..  Full Article

L'oreal Appoints Stephane Rinderknech President And CEO Of L'oréal USA
Wednesday, 4 Sep 2019 

Sept 4 (Reuters) - L'OREAL SA ::STEPHANE RINDERKNECH APPOINTED PRESIDENT AND CEO OF L'ORÉAL USA.STÉPHANE RINDERKNECH WILL TAKE ON HIS NEW RESPONSIBILITIES ON OCTOBER 1ST, 2019.  Full Article

L'Oreal Sees United States Remaining Soft in 2019 - CEO
Wednesday, 31 Jul 2019 

July 31 (Reuters) - L'Oreal SA ::CEO SAYS GLOBAL BEAUTY MARKET CONTINUES TO GROW AT A HEALTHY PACE OF AROUND 5.5% ACCORDING TO THE COMPANY'S ESTIMATES.CEO SAYS GROWTH OF BEAUTY MARKET IN CHINA ACCELERATED IN THE SECOND QUARTER.CEO SAYS THE UNITED STATES WILL PROBABLY REMAIN SOFT THIS YEAR.CEO SAYS CONSUMER DIVISION AND PROFESSIONAL PRODUCTS DIVISION SHOULD ACCELERATE IN SECOND HALF OF 2019.  Full Article

Nestle, PepsiCo and Suntory Beverage join Carbios/L'Oreal plastics recycling consortium
Monday, 29 Apr 2019 

April 29 (Reuters) - :* Nestlé Waters, PepsiCo and Suntory Beverage & Food Europe join consortium founded by Carbios and L’Oréal to support the world’s first enzymatic technology for the recycling of plastics.* Under the terms of the four-year agreement, the consortium partners’ ambition is to bring Carbios’ PET-enhanced recycling technology to the market and increase the availability of high-quality recycled plastics to fulfill their sustainability commitments..  Full Article

L'oreal CEO Says Expects "Significant" Sales Growth At Company In 2019
Friday, 8 Feb 2019 

Feb 8 (Reuters) - L'Oreal SA ::CEO SAYS GLOBAL BEAUTY MARKET SHOULD CONTINUE TO GROW AT GOOD PACE IN 2019 DESPITE GEOPOLITICAL UNCERTAINTIES.CEO SAYS EXPECTS COMPANY TO ACHIEVE "SIGNIFICANT" SALES GROWTH IN 2019.  Full Article

L'Oreal finalises purchase of U.S. hair color brand Pulp Riot
Friday, 25 May 2018 

May 25 (Reuters) - L'Oreal ::L'ORÉAL ACQUIRES PULP RIOT, THE NEW US BASED PROFESSIONAL HAIRCOLOR BRAND.L'ORÉAL HAS FINALIZED ACQUISITION OF PULP RIOT, A PROFESSIONAL HAIRCOLOR BRAND.Pulp Riot had net sales of $11 million in 2017. .  Full Article

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L'Oreal's Lancome beefs up stores as luxury cosmetics take off

PARIS L'Oreal's Lancome brand is planning to open a flagship store in China after launching its first major showcase in Paris this week, its chief executive said, as the company capitalises on booming demand for high-end cosmetics.