L'Oreal results shine despite China blemish

By Agence France-Presse

Aug 01, 2024 12:10 am

PARIS ― French cosmetics giant L'Oreal said on Tuesday its sales and profits rose during the first half of the year despite a drop in China.

Overall, sales at the company that owns the Maybelline New York and Garnier brands climbed 7.5 percent to 22.1 billion euros ($23.9 billion), while net profits rose 8.8 percent to 3.65 billion.

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