Edition:
India

L'oreal CEO Does Not See Sign Of Major Improvement In North American Market


Tuesday, 16 Apr 2019 

April 16 (Reuters) - L'Oreal SA ::CEO SAYS THINKS THE COMPANY WILL HAVE A SOLID YEAR IN WESTERN EUROPEAN MARKETS.CEO SAYS HOPES "WORST IS BEHIND US" IN BRAZIL, SIGNS OF IMPROVEMENT AND HOPES PERFORMANCE WILL PICK UP THERE IN COMING QUARTERS.CEO SAYS ITS NEW ORGANIC GARNIER RANGES GO OFF TO A VERY GOOD START.CEO SAYS GARNIER SALES GREW BY 5 PERCENT IN Q1, MASS MARKET DIVISION SHOULD CONTINUE TO IMPROVE.CEO SAYS THERE IS A QUITE SIGNIFICANT SLOWDOWN IN MASS MARKET MAKE-UP SEGMENT, MAYBELLINE SALES FLAT IN Q1.CEO SAYS DOES NOT SEE SIGN OF MAJOR IMPROVEMENT IN NORTH AMERICAN MARKET IN NEXT FEW QUARTERS.