French beauty giant L’Oréal has announced stronger than expected Q3 sales boosted by the performance of its L’Oréal Luxe and Active Cosmetics divisions.
Total sales grew 6.8% to €19.8bn on a like-for-like basis, with sales for the L’Oréal Luxe division jumping 14.2% and 11.9% for its Active Cosmetics business. E-commerce was also highlighted for a strong performance over the period, with sales up 38.3%, representing 9.7% of total sales.
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